I’ve done a number of posts in the past two weeks on a myriad of trading topics. I’m not going to do one today, but instead want to provide you with the links to review some of my recent posts, which is my attempt to reshape and rethink the approach of how we trade in the market. I’ve always believed the trading success is 90% mental. Because frankly, it doesn’t take a genius to figure out good trade setups, but it does take a man of discipline to know when to take gains, cut losses, and quite frankly keep greed and fear in check.
I started off my series of posts my highlighting my tumultuous month of August. I’ve always been a trader of equities straight up (since I was eleven years old!). No options, or any other kinds of trading vehicles. This past year, I started doing options, and found a lot of success in trading them. But the month of August would put my recent success to the test as I outlined why it was the worst trading month of my entire life.
Read Part 1 from the Worst Trading Month of My Life.
Read Part 2 from the Worst Trading Month of My Life.
Read Part 3 from the Worst Trading Month of My Life.
Read Part 4 from the Worst Trading Month of my Life.
Building off of that period of my life, I took the time to rethink some of my theories of how I trade, and how I manage my trades in particular. And the links below provide you with a series of thought of how successful traders approach the market.
Find The Areas Of Hope In Your Trading And Eliminate Them
Be Aware Of The Market Stressors In Your Trading Strategy
Finding the Stock Market’s Moneyball
For the remainder of the week, I’ll be focusing on building upon the last 3 articles mentioned above and begin dipping our toes in the water on specific trade strategies, trading contrarian, capturing profit consistently, and formulating a successful trade plan that is easy and executable.
Until tomorrow when we dive in further, I leave you with the infamous words of Bart Scott…