Monthly Archives: February 2017

Step 008 – What I Learned About Trading From Improv

cigar-362183_640In trading, one of the prerequisites of success is to be able to do with consistency that which feels unnatural and uncomfortable. Since becoming a Master Trader is my goal, and since my natural tendency is towards careful planning and staying well within my comfort zone, I am often challenged on my path.

The other night I met with a friend and I showed him my Definite Major Purpose (DMP) that I have written down in less than 400 words (yes, part of a self development program which I can highly recommend). He read it carefully and said “It is well written, very clear, and inspiring. But does it help you to get out of your head, out of your planning, and out of your comfort zone? Because you need Continue reading

Step 007 – Learning From Mistakes

mistake-876597_1280We all make mistakes. I have read that how good a trader you are is a function of how many mistakes you make. The Master Trader makes very few mistakes, that’s why he’s a Master!

Initially, I made a lot of mistakes, as I guess most people do when they start out. With time, I’ve been able to learn from my mistakes and as a result, I’ve been able to prevent myself from repeating them. I’ve found that I learn best from my mistakes when I really take the time to write down an analysis of the mistake; what exactly happened; what caused it; what can I do to prevent it happening again?

Today I made a mistake, and I thought I’d make my thought process public. Maybe Continue reading