Oh my how things have changed but will it cycle back? Source: http://www.flowtown.com/blog/the-evolution-of-the-transaction-how-humans-have-paid-for-things-over-the We would really appreciate your feedback, if you like, hate, or think we are full of crap. Please leave a comment, a voice mail (312) 725-9121, email info @ traderhabits (dot) com or twitter, stocktwits, youtube and facebook. Subscribe to Traderhabits by email or to newsletter.… Continue Reading
Monthly Archives: August 2011
Getting over hurdles and what to do once it happens.
Got an awesome email the other day I thought it might be helpful for everyone. The content of your post today could not be more relevant to the issue that I have been dealing with as of late. Not to sound like a weirdo, but it’s almost as if it was a sign to me… Continue Reading
Cognitive dissonance does not have a place in trading.
Cognitive dissonance: This is the feeling of uncomfortable tension which comes from holding two conflicting thoughts in the mind at the same time. Dissonance increases with: The importance of the subject to us. How strongly the dissonant thoughts conflict. Our inability to rationalize and explain away the conflict. Without a question cognitive dissonance plays an important… Continue Reading
How over trading develops into a problem.
There are a few things to consider when analyzing how much you are trading. For me it is volatility and efficiency. There is nothing I can do about volatility but efficiency is something I look constantly. If you do not look at efficiency you are always prone to the following problems. False sense of risk. Every trade has… Continue Reading
Reader Email: Struggling again.
Originally appeared October 2010 This is an email I got over the weekend; I have interacted with this trader a few times. He is a newer trader. I am selfish, I like to interact with new traders. I can see the impact much quicker. There are basic problems that new and struggling traders have. I think… Continue Reading
Video: We talk risk limits, S&P 500, Gold and Nasdaq, and making sense of the market.
Click here to download the Morning Brief from August 25th and to watch how we use it. To read Anthony’s blog. We would really appreciate your feedback, if you like, hate, or think we are full of crap. Please leave a comment, a voice mail (312) 725-9121, email info @ traderhabits (dot) com or twitter, stocktwits, youtube and facebook. Subscribe to… Continue Reading
Letting the market make sense.
The market will not always make sense to you but it will always makes sense to someone. You can spend forever trying to make sense of markets at all times, those people are called analyst. I never try to make sense of the market because a little knowledge about the market (which no matter what… Continue Reading
How a bowl of candy can improve your trading TODAY.
If there was a bowl of candy in front of you right now, what would you be doing? You would probably be eating it if you were hungry. Trading should be the same way. The tools you need should be easy to access like that bowl of candy left over at Halloween. Now, there are… Continue Reading
Do it once.
Trading is about proving to yourself you can do things. As you get over these barriers you realize that you were holding yourself back for no reason. This will give you confidence to defeat the next one. The first step is to recognize it. This is where it is important to see outside yourself. You… Continue Reading
Thoughts for a Sunday.
If you don’t have the creativity and flexibility of at least two scenarios than you can’t be a successful trader over the long term. Trading is the ability to see things in terms of another. What is the chart saying and how long before it gets its point across. A chart is art. It is an expression… Continue Reading
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