success in trading futures and options markets
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.
It has to come from within you
In our proprietary trading business, we had many good traders, several excellent traders, and one extraordinary trader.
A great deal of what I have learned about electronic trading came from training this extraordinary trader and watching his Read the rest of this entry »
A random walk down LaSalle Street
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The Twelve Steps – what to do when you feel hopelessly down on your luck
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The difference between walking the path and knowing the path
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