Author Archive
Newport, Rhode Island – the Lake Geneva of the East
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Mike’s Lessons Learned
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Dramatic footage from the Irish Sea
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Trading Insights From Napoleon courtesy of Mike
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Mike’s comments on How We Choose To Be Happy by Rick Foster and Greg Hicks
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Back by popular demand – What I learned last week by Mike
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Why should you have a written trading plan?
Regardless of what you have attempted to do in the past, trading is likely to be the hardest thing you will ever do.It, also, has the potential to be the most joyous and rewarding thing you will ever do.
The fact is that trading is hard because it forces you to face your every weakness. Your slightest negative emotion can be magnified until you are overcome with disappointment and self-doubt.
Trading can, also, be a daily test that you welcome because you know you are up to the challenge. Read the rest of this entry »
How I lost the piano wars
My youngest daughter started taking piano lessons when she was five years old. She started learning with a Suzuki piano teacher in Kansas City.
When we moved to Chicago, we found one of the leading teachers and our daughter became one of her star pupils.
I used to love to see her perform at recitals, usually held on in an elaborate recital hall at the Fine Arts Building in downtown Chicago.
The only problem, and it was a real problem, was that although our daughter liked the attention she got at her recitals, she hated practicing. Read the rest of this entry »
Don’t fight back – fight forward!
Fighting back – aggressively fighting back from adversity must be in our shared DNA as traders because so many traders pride themselves in their ability to fight back from a loss. Some traders say they only trade really well when they are fighting back from a loss. They say they wish they would be so focused and effective without having to first be down for the day.
My take on all this fighting back is that it is wasted energy.
What about those close stops? Is Jeff crazy? (don’t answer)
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Developing A Trading Strategy
Building Your Trading Plan
The Why and How of using a Trading Simulator
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