Trading a Mental Game .

Trading is a mental sport you have to approach it like that.

Its a well known fact that many retail traders don’t have the mental preparation to confront trading markets . Patience discipline simplicity the missing qualities.

Needing to be sure is what really kills traders. They seek a certainty that can’t be found, and end up on the completely wrong path.

Weather you are just starting out in the world of trading , coming to terms with your own trading system , right through to the mental aspects of trading or simply a Professional trader looking for a new perspective and fresh mindset to your trading can help you .

Transition will ensure that the changes you want to make will be the right ones and will leave your trading business in better shape than ever.

Why ?

Because I’m now working for them ! ūüėČ


Traders wisdom part (5) Consistency Versus Ego

Never violated ones own rules
believing you “know” where the market is going
let the market reveal its own timing and hand to you .

Respecting the market like you would holding
the door open for a lady and waiting until she has
passed .

This common courtesy costs nothing to you, your pocket or the markets to simply wait .

” Thinking ” is plane old dangerous in this game and will get you into a lot of Financial trouble

Believing you can master the markets like this is just plane disrespectful
Master yourself and setups first and that respect will pay you kindly in the end .

Lets the markets be the markets and they will show you the way don,t ever impose your will !

How Professional Trader,s Cheat

Did you know third-party like Business Wire sells hedge funds an early, albeit split-second, look at corporate earnings, before retail traders see it ?
it’s perfectly legal.

The University of Michigan, for example, sells the rights to its Survey of Consumers to Reuters for $1 million a year. Reuters then sells early access to it either five minutes before the public gets it or five minutes and two second before‚ÄĒfor the HFT crowd that wants to frontrun the frontrunners.

If you want a real edge get it here



The Rallying Cry Of Amateur Trader,s

The¬†rallying cry¬†of the losing¬†trader¬†“I’ll get out when I’m even” ¬†Marty Schwartz¬†¬†

Freshly Squeezed Pips view

Those who get out at Break even do so because they can then say to themselves i was not wrong i did not make a big mistake .  

This is totally the wrong way of thinking and approaching Trading .

Letting your Ego Rule versus Ruling your Ego is the First steps in the battle of your Psychology issues toward Trading  .

The Irony is People loss¬†because¬†they¬†don’t¬†want to lose , they just want to feel they¬†weren’t¬†wrong because¬†in there minds ¬†Right= ( Win ) // Wrong= ( Loss )¬† .¬†

The truth is Pros know they have to take losses in order to win its part of the process :  There is no Right= ( Win ) or Wrong  = ( Loss ) in Trading just wins and losses .


Copyright © 2012 FreshlySqueezedPips





Proper Mind Set for Past and Present Trading

Image Extract from Trading in the Zone by M Douglas

The Dynamics of Precept-ion

Extract from ¬† ” Trading in the Zone “

Traders Wisdom Part (11) Trader Efficiency

“Traders Wisdom Edition ¬† “

One common way people evaluate your performance is
to perform a thorough review of your performance at the end of each trading day.

                                        Trade Journaling

” Many of yesterdays issues and emotions are yesterdays lessons unsolved “

Not only does this review enable traders to learn from mistakes but it gives them tangible lessons to incorporate into the following day’s trading goals that they should set for themselves.

“Essential analysis for any trader”

The ability to do this is a function of practice and self honestly toward mental strength & confidence . This type of personal reflection and analysis is evident within all master traders .

The repeated review process will help and  is essential to instill the gut feel for right or wrong trading for any trader.

“Your job is to always play to your strengths

Ultimately Trading is a performance based endeavour a lot like Sport if you don’t understand and analyze your weaknesses how will you ever play to your strengths¬† .

The baldy one has spoken ‚Äď Copyright ¬© 2012 FreshlySqueezedPips

“ Traders wisdom Edition “

Paul Tudor Jones Failure Speech :

The Perfect Failure  billionaire hedge fund manager  Paul Tudor Jones  speech to ninth graders about failures and talks about examples from his own life .   

Paul Tudor Jones Failure Speech