In the second part of this series, Mike will discuss how you as trader can develop an edge in the market similar to the house edge that makes casinos profitable. He will discuss the differences between trading and gambling as well as how precisely you can go about determining what your own specific TradeBook edge is....
Mindset plays a very significant role in successful trading. Indeed, there are many sneaky thinking styles that you may not even class as being negative until you understand how that thinking impacts your actions in the markets. This webinar will unearth some of the most common mind traps that result in losing trades as well as provide practical tips for cultivating a mindset that will support you in becoming more consistently profitable....
We can spend all day at our screens and not be aware of the passage of time. I suspect active traders move in and out of mild trance states multiple times per hour. In this webinar, we will look at the consequences of that alternation and what we can do to stay in our right mind longer....
In the second workshop of this two-part series, Créde will talk to our volunteer traders to assess the impact that the mental edge strategy has had on their trading performance. We will discuss traders’ experiences with implementing the technique and forensically evaluate what aspects of their trading have improved and what still needs some work. Créde will also summarize the step-by-step process that is necessary to address this specific trading pain point. If you are...
When you enter a position, it is influenced by a number of random variables, all of which will have an effect on the outcome of your trade. Unlike the majority of professions, trading does not allow you to control or even influence the outcome of a trade. In this webinar, Mike will introduce the concept of probabilities as a way to assist you in changing your mindset from focusing on the outcome of a trade...
Markets change character over time, but people do not. And we are certainly creatures of habit. The S&P and QQQ have more than doubled from the March 2020 bottom and for only one month have closed below the previous month’s low. Naturally, we all get accustomed to trading long. As of mid-January, SPY is down 5%, QQQ is down 10%, small caps are down 15%, but ARKK is down more than 50% as the heady...
Do you know exactly what you need to do to make profitable trades, but find yourself repeatedly getting in your own way? Do you become overactive in the market, revenge trade, ignore limits, or hesitate to take on risk because you are afraid to make a mistake? These are all ways that your mind and emotions can sabotage your trading process, even if you are the most technically skilled trader. This webinar will explore how...
In this webinar, Mike will discuss how you can build your confidence going into the trading day by having a well-developed pre-market routine. He will describe the basics of a self-awareness review and how to prepare psychologically for the trading day, so that when the opening bell rings you will be ready to execute your carefully thought out in advance trading plan....
In the first workshop of this two-part series, we decode the root of your trading pain points. Créde explains the common root causes of specific trading challenges and coaches a small group of traders through uncovering what is behind their deviating from their trading plan. At the end of the workshop, Créde sets a practical task for these volunteers, and any traders experiencing similar challenges, to implement between workshops to address their trading pain point....
Trading is a performance sport and mindset is a competitive advantage. To be a successful trader or athlete, technical skill is a requirement. But technical skill alone is not enough. In sport and trading, where split-second decisions and impulsive actions can make or break a career, mindset is what separates the good from the great. Drawing on cutting-edge performance psychology and the mental training techniques of professional athletes, this webinar will explore the similarities between...
