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Unprecedented access to a professional trader’s approach on what it takes to become more profitable. Topics include: The Basics of Profiling, A Winning Trader's Mind, Homework, Research, Money Management, and many others.
Stay up to date on the terms and definitions. Like any other industry, trading has it's fair share of jargon and lingo. This is a great place to learn, get a refresher course or keep updated on the changing dialogue.
"You are the source of the signal you trade. It manifests within you and is put to the market to be accepted or rejected."
"Fear. That is our nemesis. The fear within us which is based on false beliefs; which then shapes our attitude towards losing, life, etc. The smoke that is billowing and carrying those issues is created by the flame that is fueled by fear. Do the things you fear actually exist in your environment?"
"Don't confuse detachment with not caring. These are two completely different things. Detachment means that it doesn't define you. You care about it, but it doesn't define you."
"Always be grateful for how far you have come and for the chance that you have had to do this. There is growth; especially in failure."
Don't worry about how
"Focus on your motives and actions in the now-moment. Don't worry about how things will work. Just do your part. Let the subconscious deal with the action when the time comes. Condition your mind to be aware and present now. Let go of the how."
"Learning how the market works is important at the beginning. However, this quickly becomes a non-issue. The main issue is changing habits and acceptance of what is. Taking a trade at a predetermined level has everything to do with acceptance that you CANNOT know, that you are taking some simple metrics and betting on a probability, PERIOD! The more certainty and trust you seek, the more attached you are to the trade working, the more fear you have, the more reluctant you are to take the loss if it occurs."
"Habits which follow a good routine are key to making the turn. If you don't trust yourself, routine is a direct path to trusting yourself. Failing while establishing and following a routine is OK. But eventually, you will have to trust that you WILL DO what you said you would. Until then, it is all random."
This site is unique in that it crosses the barrier between the “insiders” and the general trading public giving access to everyone.