"Trading Education" Posts
Daron Larson: Don’t Try to be Mindful
By Lawrence
An excellent presentation about meditation and mindfulness practices. Many traders who have problems in developing consistency in trading can often trace the source of their difficulties from their messy thought processes. When these traders are being told to practice meditation through breathing exercises and awareness practices, they often give up or slack on the training […]
Should You Stop Trading When Your Weekly or Daily Profit Goal Is Reached?
By Lawrence
Many traders choose to stop trading once a dollar based profit goal is reached. It is a safe guard against oneself from over trading. It also helps a trader from getting to aggressive due to emotional high triggered by reaching the profit goal too quickly. So is it a good idea to do this? I […]
The Growing Concerns About Predictability of the Financial Markets
By Lawrence
It is nice to be back to the modern world where internet is actually functional. One actually has to experience the inconvenience to appreciate how great the internet is nowadays. Learned quite a few tricks to deal with bad internet connections and I will post them in coming weeks. For now, it is catch up […]
Murat Dalkilinç: Why Sitting is Bad for You
By Lawrence
We traders need to sit at our trading desk for long hours. That is not good for our health. The least we can do is to take breaks from long sitting sessions and keep our sitting posture in proper form to reduce the negative impacts.
Murat Dalkilinç: The Benefits of Good Posture
By Lawrence
A good video reminding everyone the importance of good posture. The job hazard of trading is that we have to sit down way too much. That in turn makes us more prone to bad postures in many activities. Keeping good postures in our daily activities can be a good starting point for those who have […]
Hans Rosling and Ola Rosling: How Not to be Ignorant About the World
By Lawrence
Great video about the ignorant of the general public. The problem goes much deeper than the Roslings suggested though as people in power to make decisions for the masses are as ignorant if not worse. In my opinion, the most important thing to take away from the video for traders is to understand that the […]
Self Improvement Starts From Studying Yourself Literally
By Lawrence
I have worked with many people in improving their trading performance. I have also worked with people to improve other areas in their lives. Leaving the more technical psychology stuff aside, one thing that stands out in those people who can help themselves into doing better, be that health related or financial well being, is […]
What Happen When Your Emini Trading Account Balance Falls Below Requirements?
By LawrenceMany beginner traders do not understand why there are so many specific account requirements when they open up a future trading account with a brokerage to trade emini. In short, the requirements are there to protect the brokerage and you from losing more money than what is available in your trading account. It is made […]
Jon Kabat-Zinn: How to Feel Comfortable in Your Own Skin
By Lawrence
A good summary on the reasons for which we should learn mindfulness practice. Being able to put yourself just a tiny step away from your emotions, you can do much better mentally. For traders, it is one of the best tools to improve our trading performance. As you transform into a more mindful person, you […]
Writing Your First Trading Plan
By Lawrence
One cornerstone in achieving trading success is the completion of your trading plan. I am not talking about a vague idea you have in place on how you engage the market. I am talking about a solid written plan that describe all aspects of your trading. This plan is what you would follow during trading […]
