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Showing posts with the label Key Lessons

Key Lessons After Coming Back to Trading

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I've consistently executed good trades since coming back to trading in early August 2014. Here is a snapshot of my cumulative return so far: That's a pretty decent stair-step-like progress chart if I do say so myself! I'm not used to this type of steady progress, so it's quite refreshing. In fact, I've never had such a good positive-to-negative period ratio--I.E., green trades versus red trades:

Adjustments to My Learning Process

After watching a very helpful video by trading coach, Dr. Brett Steenbarger,  http://youtu.be/2LKW1fbDNOo , I've decided to structure how I track my trading performance and how to use that information to make incremental improvements to my trading using the following outline: Practice decision making (performance) Identifying and taking advantage of opportunity in the market Measurement of results Outcome feedback (how well I'm doing) Process feedback (what I'm doing well, what I'm not doing well) Use the feedback to set achievable goals and try to improve future performance Vividly imagine great trades, what I did, and how it made me feel Vividly imagine poor trades, what I did, and how it made me feel Simple enough, but we'll see how it goes! Jory