If you don’t have confidence in your understanding of the market you are trading, and or have a specific strategy that has a definable set of rules for scanning, filtering, stalking, entering, managing, and exiting your trade, you might think of the opportunities in terms of “Ready-Fire-Aim” instead. Performing these 3 tasks in a different […]
Tag: coaching
Profitable ETF Trading Strategies: “Ready-Aim-Fire” for traders
If you have confidence in your understanding of the market you are trading, and have a specific strategy that has a definable set of rules for scanning, filtering, stalking, entering, managing, and exiting your trade, you might think of it in terms of “Ready-Aim-Fire”. By getting this sequence right, and performing the required tasks properly, […]
Profitable ETF Trading Strategies: a craftsman’s approach to trading
How you think about the activity of trading in the world has a powerful influence on the planning preparation and execution of your trading plan. Robert Pirsig describes the mindset of Grail seekers in his excellent book Zen and the Art Of Motorcycle Maintenance. He called it the romantic approach and associated with things like […]
Profitable ETF Trading Strategies: the psychology of Grail seekers
How you think about the activity of trading in the world has a powerful influence on the planning preparation and execution of your trading plan. If you think of it as a quest for the holy Grail, it would not be surprising for you to use the language of mysticism, spirituality, intuition and to […]
Profitable ETF Trading Strategies:understanding the limitations of professional
It is conventional wisdom to advise traders to become more professional in their trading practice. This is almost always very good advice, because professional behavior will help protect you against the kinds of emotional hurt it animal behavior that is your enemy as you struggle to compete for profits in the market. I say this […]
Profitable ETF Trading Strategies: become more professional in your trading
James Q. Wilson is a UCLA sociologist who has written extensively about bureaucracy and professionalism. He said professionals receive important rewards from members of their group, that their group has special membership criteria usually related to formal education and the group defined code of conduct, and that they learn things in ways that are different […]
Profitable ETF Trading Strategies: understanding what contributes to your trading results
Sometimes I think we try to give ourselves too much credit and too much blame for our trading results. There is no doubt that we are responsible for our results in the macro sense, and that it is a healthy philosophical and psychological mind-state to be responsible for results. It is clear to me though, […]
Profitable ETF Trading Strategies: what is the nature of the market?
What is the nature of the market and why do we care? Based on your belief in the nature of the market, which may or may not be supported by evidence, you should be applying a specific strategy for successful trading. Based on the academic research into complexity and complex adaptive systems, you can make […]
Profitable ETF Trading Strategies: developing a master belief list
Developing a master belief list is an important part of assembling your total trading plan. This is a list that itemizes every belief that you can think of with respect to self, market and systems. In later stages of analysis and self awareness, you will come back to each belief to identify the source and […]
Profitable ETF Trading Strategies: integrating your beliefs about self market and systems
I have already described in a previous article how I examine each of the three components of my total market performance perspective individually and some of the considerations that I am evaluating. These three components are: self, market and system. Each of these domains is a suitable topic for inquiry and self discovery. But this […]