Perspectives on Teamwork and Trading

A big part of success in any performance field is networking and teaming with the right people. Here are some posts to help you build your own team:

* Fighting the Isolation of Trading

* Developing Virtual Trading Groups

* Teamwork, Creativity, and Trading Success

* Teamwork and Trading Performance

* Finding Teammates to Build Your Trading Development
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Trading Lessons From July

A major objective of this site is to archive readings that can help traders with their psychology and their trading. The following posts from July address important elements of trading practice. See also trading lessons from May and June and these posts on trade setups:

* Trading With the Odds

* When to Think of Joining a Proprietary Trading Firm

* Gauging Reasonable Performance Expectations as a Trader

* Identifying Reference Ranges During the Day

* Figuring Out the Structure of the Trading Day

* Range Days and VWAP

* Important Market Lesson: How Markets Respond to Bad News

* Executing Good Trades

* Organizing Your Trading Screens

* How to Plan Trading in a Range Market

* Nice Example of a Transition Pattern

* Transitions and Reversals

* Overcoming Failures in Trading

* Catching False Breakouts From Ranges

* Three Common Mistakes Traders Make

* Trading *Your* Time Frame

* Three Questions to Ask Before You Trade

* What to Look for When We're Trading in a Range

* What to Look for in a Breakout From a Range

* Two Important Lessons Regarding Day Structure

* Trading Slow Market Days

* Trading With Order Flow

* Keeping Time Frames Consistent While Trading

* When Trading Becomes an Addiction

* Upside Market Breakouts: What to Look For

* The Importance of Tracking Volume at Price

* Identifying Non-Confirmations of Market Moves

* Relentlessly Improving Yourself as a Trader

* Five Characteristics of Winning Traders

* How to Use the Morning Information From Twitter

* Integrating Market Information Across Time Frames

* A Self-Evaluation Checklist for Traders

* The Role of the Gut in Trading

* Identifying Market Range Days

* Recognizing When Trends End

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How to Trade: Recent Market Lessons

My earlier entry archived TraderFeed posts covering trades that set up during the day. Here are a few trading-related posts to add to the collection:

* 5/21/09 - The Importance of the Opening Price

* 5/26/09 - Reversals of Short-Term Trends

* 5/27/09 - Knowing When You're in a Range Market

* 5/29/09 - Fading Moves When Participation is Weak

* 6/1/09 - Identifying Key Price Levels From Volume Accumulation

* 6/1/09 - Identifying Trends to the Upside

* 6/2/09 - VWAP and Range Markets

* 6/5/09 - An Example of a Reversion Trade

* 6/16/09 - Identifying Market Breakouts

* 6/19/09 - Using a Basket of Stocks to Gauge Strength/Weakness

* 6/22/09 - Catching the Structure of the Day Session

* 6/25/09 - What to Look for in a Breakout Trade
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Practical Self-Coaching Ideas for Traders

Here are more posts relevant to coaching yourself for sustained trading success.

* What to Ask Yourself at the End of the Trading Day

* What to Ask Yourself at the Start of the Trading Day

* What to Ask Yourself While You're Trading

* Controlling the Body to Control the Mind

* The Importance of Our Self-Talk

* A Structure for Approaching Trading

* Does Your Trading Truly Draw on Your Strengths?

* Effectively Coping With the Stresses of Trading

* Combating Secondary Anxiety in Trading

* Focusing on Solutions, Not Problems

* Changing Our Psychological Patterns in Real Time

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Recent Readings in Market Psychology and Trading Psychology

Here are recent posts to help you guide your trading success:

* How to Overcome Procrastination

* Handling Mood Swings During Trading

* How to Lose Money the Right Way

* Two Principles of Trade Execution

* Biofeedback for Traders

* The Four Facets of Well-Being

* Identifying Market Transitions

* Identifying Range Bound Markets

* Here are the 40 Stocks in My Basket

* Six Questions to Ask at the End of the Trading Day

* What to Look for in a Breakout Trade

* A Most Common Trading Mistake

* Pitfalls of Developing Traders

* Dr. Brett's Latest Videos

* Transitioning From Range Trade to Trend Trade

* Why Adequate Capitalization is Key to Trading Success
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Excerpts From My Trading Books

A common question I get is, "Which of your books should I buy?" Below is some information that may prove helpful to traders shopping around:

** Here is a chapter from my most recent book, The Daily Trading Coach. It is a self-help book for traders, formatted as 101 short, practical lessons.

** Here is a chapter from my second book, Enhancing Trader Performance. It is the only book that I know that focuses on the trader's learning curve and ways of accelerating it toward expertise.

** Here is a chapter from my first book, The Psychology of Trading. It is a comprehensive presentation of how psychological factors impact traders and why.

See also the archived posts on this blog (Become Your Own Trading Coach). There are many good resources here.

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Trading Patterns That Set Up During The Day

The more you see patterns set up in markets, the more prepared you will be to act upon them. Here are some recent posts featuring trading patterns:

Reversal Trade From 5/15/09

Sentiment Turning Bullish From 5/14/09

Using TICK to Gauge Sentiment From 5/8/09

Downside Breakout Move From 5/7/09

Reversal Move From 5/6/09

Shift in Sentiment From 5/5/09

Recognizing Upside Trend Day From 5/4/09

Breakaway Move From 5/4/09

Range Trade From 4/30/09

Maintaining Strength on Bad News From 4/29/09

False Upside Breakout From 4/29/09

Upside Breakout Trade From 4/28/09

Upside Trending Move From 4/24/09

False Breakout Move and Reversal From 4/22/09

Transitional Pattern From 4/22/09

Downside Trending Move From 4/20/09

Identifying Range Markets From 4/15/09

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