The Dip – a very small book with a big, important lesson
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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 »
What Mike learned, last week
What I Learned This Week
1) Again, I recognized that not every trade has a lesson to teach. Sometimes when I lose on a trade, it’s just because the market turned in a certain fashion, not that I committed some kind of trading error. As I have mentioned in the past, avoiding the periods of self-recrimination that can often follow a losing trade helps me to focus instead on finding the next winning trade. Read the rest of this entry »
Developing A Trading Strategy
Building Your Trading Plan
The Why and How of using a Trading Simulator
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