Multitasking While Trading – Week 49 – 4-Minute Drill for Traders

March 23rd, 2012

Are you giving trading your full attention, or are you distracted?  In this week’s 4-Minute Drill, I’ll discuss why it’s very important to run your trading as a business and eliminate the distractions.

Do you multitask when you trade?  Sharing your story will help others… let us know, just hit the comment link below!

Trading System’s Results – Week 48 – 4-Minute Drill for Traders

March 16th, 2012

In this week’s 4-Minute Drill, I talk about some red flags to look for when reviewing a system’s track records.  Also I discuss what to keep in mind when picking a system that’s right for you.

What do you look for when reviewing a trading system’s results?  Let us know… just hit the comment link below!

 

Adjusting Your Trading Plan Mid Trade – Week 47 – 4-Minute Drill for Traders

March 9th, 2012

Are you cutting your winning trades short? Do you have a habit of adjusting your trading plan WHILE trading?

I talk about some of the bad habits I’ve overcome in this week’s 4-Minute Drill. In the past, I would adjust my trading plan to fit my emotions and I’d try to preserve my profit mid trade.  I tell why it’s so dangerous to do this and what to do to avoid changing your trading approach mid trade.

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Justifying A Trade AFTER The Fact – Week 46 – 4-Minute Drill For Traders

March 2nd, 2012

Justifying a trading position when it’s obviously going wrong can spell doom… This week I remind you to not let your ego take over and to remember that we are the caretakers of our trading plans.

Do you let your ego get in the way of following your trading plan?   Let us know… just hit the comment link below!

NEW CONTEST: Help name our New FREE App for iPhone & iPad…

February 29th, 2012

… and WIN The Disciplined Trader Coffee Mug!

*****************UPDATE*********************

DRUM ROLL PLEASE…

And The *Winners* are…

Once again our subscribers (you) impressed us with creativity, thoughtfulness, and clever name options!  You never cease to amaze!  We had a VERY difficult decision to make.  It was no easy task, but we finally chose a name and three, yes 3, winners!

We were looking for a name that conveyed what this new FREE App will be all about…

Quick discipline…A great *daily* tool for traders… and an app that will motivate…

so… the winner… with tagline…

**Mastery Minute for Traders**
“Your Daily Trader Motivator”

Since this was a collaboration of a few names that were submitted we’ve chosen TWO winners and a runner up! 

The winners of the TDT Mug are Jason B. and Doug Barnes.  (We’ll contact you via email.)

Congratulations Jason and Doug!  Their submissions, helped us form the perfect name. 

The runner up and winner of the TDT Baseball Cap is Jeff for his suggestion of “Traders Sixty Second Psych Session”.  Great suggestion!  (We’ll contact you via email.)

A big THANK YOU to all who participated.  We’re proud to have some of the most creative subscribers around! 

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*WHAT YOU SHOULD KNOW BEFORE GIVING YOUR NAME SUGGESTION*

This week we’ll release our 44th episode of the 4-Minute Drill for Traders, which means for the past 44 weeks we’ve given you a short dose of discipline tips to apply to your trading.

From all the positive feedback we’ve received on our 4-Minute Drills there are a few points that have stuck with us…

  • You like that they are short and to the point
  • You like how they motivate you to be more discipline and in turn a better trader
  • You like all the different aspects of trading topics we cover

Well, the New App we’re developing is our way of letting you know we hear you and we’re giving you more of what you like…

Think of this App as our 4-Minute Drills, but in a shorter more potent audio dose.  These will be 1-Minute Motivating AUDIO Sessions that will give you that extra jolt of motivation to get you through your trading day.

I’LL BE HONEST WITH YOU…

Here are the names you’re going to have to beat:

1-Minute Motivator For Traders

1-Minute Dose of Trade Discipline

OK, GIVE US YOUR SUGGESTION For a NAME FOR THE APP…

Just click the COMMENT BUTTON and give us your suggestion… and if your name is chosen you’ll WIN The Disciplined Trader Mug!

The Disciplined Trader Mug

The Disciplined Trader Mug

**This contest ends SATURDAY at MIDNIGHT EST** so don’t hesitate.   Leave your comment now.

 

Chasing Markets – Week 45 – 4-Minute Drill for Traders

February 24th, 2012

“Chasing markets” is really about you not wanting to miss an opportunity. In this week’s 4 Minute Drill, I explain that if you find yourself chasing markets it’s time to take a step back and understand the wealth of opportunity that is out there in every market and every time frame.

Do you chase the market?  Did this message resonate with you?  Tell us what you think of this week’s video, just hit the comment link below…

Feeding Your Subconscious Mind – Week 44 – 4-Minute Drill for Traders

February 17th, 2012

In this week’s 4-Minute Drill for Traders, I stress the importance of taking control of what information you process in your mind.  I explain that by building enough neural pathways you can determine your dominant truth and that getting your subconscious mind in-line with constructive thoughts is key to becoming a consistently successful trader.

What do you think of this week’s 4-Minute Drill?  Let us know… just hit the comment link below and give us your feedback.  Thanks!

Keep Making The Same Mistakes In Your Trading? – Week 43 – 4-Minute Drill for Traders

February 10th, 2012

This week’s 4-Minute Drill will help you get a handle on why we as traders sometimes make the same mistakes over-and-over again.  I’ll discuss what happens in the conscious and subconscious mind to lead to those decisions.

Do you have some behaviors you’d like to change?  Let us know what you think of this week’s 4-Minute Drill… Just hit the comment link below.

Trading Discipline in Your Trade Plan – Week 42 – 4 Minute Drill for Traders

February 3rd, 2012

Is trading discipline the ‘Holy Grail’ of trading? I ask some tough questions in this week’s 4-Minute Drill for Traders… “Is trade discipline part of your Trade Plan?”  I give a reminder to slow down and manage your emotions.

Let us know, is trading discipline part of your written Trade Plan?  Just hit the comment link below…

 

Trading The January Effect in an Election Year – Week 41 – 4-Minute Drill for Traders

January 27th, 2012

What can the election year do to your thoughts and emotions regarding your trading? Will you change your trading plan because of the “January Effect?” In this week’s 4-Minute Drill for Traders, I talk about why it’s sometimes ok to adjust your trading plan according to ‘seasonal’ occurrences… As long as you’re trading what you see and NOT what you feel.

 

Tell us what you think of this week’s video… just hit the comment link below!