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If you desire to be a master trader you must think masterly thoughts. Surely there is action following those masterly thoughts, but there are thoughts behind the action.  The thoughts form the principles, the philosophy that form the basis for the actions.  And if you even wish to get even more advanced than that, there …

You don’t trade the markets, you trade your beliefs about the market. That is one of the reasons for the wide distribution of returns.  Various hedge funds trading the same markets.  But one hedge fund loses -5% in a year, another gains +50% in a year.  Why is that so?  Well, one of the reason …

One key habit. What’s that one key habit that, I wish I did on day one? It’s the discipline of writing down – even jotting down my beliefs and rules for what the perfect trade should look like. Do this write now – quickly.  In less than a minute. Just write down quickly what you …

One of the great battles fought every day on the trading battlefield. It is of the stale versus the electrifying trading information.   In one of my earliest books I read (Trading & Exchanges:  Market Microstructure for Practitioners) which helped form the foundation for my trading philosophy, it includes a few key pages on stale …