Info

Trader Mindset

Michael Martin is a trader and instructor. His show deals with the emotional and psychological aspects of trading and managing risk. His book "The Inner Voice of Trading" and features interviews with Michael Marcus, Bill Dunn, and Ed Seykota - who also wrote the Foreword. Get the audio book free at MartinKronicle.com.
RSS Feed Subscribe in Apple Podcasts
Trader Mindset
2024
April
March
February
January


2023
December
November
October
September
August
July
June
May
April
March
February


2022
November
October
September
August
July
June
May
April
March
February
January


2021
December
November
October
September
August
July
June
May
April
March
February
January


2020
December
November
October
September
August
July
June
February
January


2019
March
February


2018
November
October
September
August
July
June
May
April
March
February
January


2017
December
November
October
September
April
March
February
January


2016
December
July
June
May
April
March
February
January


2015
November
October
September


Categories

All Episodes
Archives
Categories
Now displaying: February, 2021
Trading with a psychological budget and sticking to it 0
Feb 26, 2021
Subscribe to the show
 
When you set your protective sell stops, you're not only protecting your financial capital, you're protecting your emotional capital as well.
 
Click here to get your free copy of The Inner Voice of Trading audiobook.
Intentions: Why it's just a matter of time for you to see results 0
Feb 25, 2021
Subscribe to the show
 
If you have a robust system with positive expected values, it's just a matter of time for you to see the results that you seek.
 
However, you have to take every trade.
 
And although that might not feel good at times, it's integral to your overall performance and track record.
 
Click here to get your free copy of The Inner Voice of Trading audiobook.
Reluctance is a form of leverage in your Emotional Intelligence 0
Feb 24, 2021
Subscribe to the show
 
Your reluctance to feel frustration in taking small losses today ensures that you will feel despondent going forward.
 
Reluctance makes you do the stupid things that you end up having many regrets around your decisions and large losses.
 
Therefore, you should start to not only invite the frustration into your world, but you should come to love it because of what it means to you.
 
Click here to get your free copy of The Inner Voice of Trading audiobook.
Adding to winners might not be greed, but humility 0
Feb 23, 2021
Subscribe to the show
 
Putting your optimal size on all at once might be more of an expression of greed than starting smaller and adding to it.
 
Click here to get your free copy of The Inner Voice of Trading audiobook.
Discover the harmony from the chaos 0
Feb 22, 2021
Subscribe to the show
 
When you try new things, you don't know what you're doing oftentimes.
 
Let it get messy and pay attention to how much permission you give yourself to find your best version of you.
 
Click here to get your free copy of The Inner Voice of Trading audiobook.
If you don't have a clear vision your results will be all over the place 0
Feb 19, 2021
Subscribe to the show
 
If you don't have a trading edge, volatility does not equal opportunity for you.
 
Click here to get your free copy of The Inner Voice of Trading audiobook.
Why Redditor's making money in GME is the worst thing that can happen 0
Feb 18, 2021
Subscribe to the show
 
A favorable outcome does not necessarily say anything good about the process.
 
Click here to get your free copy of The Inner Voice of Trading audiobook.
The most successful traders I know are also the most self-reliant 0
Feb 16, 2021
Subscribe to the show
 
Financial independence comes from being self-reliant.
 
You cannot count on anyone but yourself.
 
Click here to get your free copy of The Inner Voice of Trading audiobook.
The Greater Fool Theory doesn't just apply to momo stocks 0
Feb 15, 2021
Subscribe to the show
 
The Greater Fool Theory is alive and kicking on every trade, not just the momo stocks.
 
Click here to get your free copy of The Inner Voice of Trading audiobook.
Why traders have to be original thinkers 0
Feb 9, 2021
Subscribe to the show
 
Traders live in a paradigm of personal responsibility.
 
You have to find the ingredients, come up with the recipes, learn to cook, and then eat your own cooking.
 
End of story.
 
Click here to get your free copy of The Inner Voice of Trading audiobook.
What to do when the rules change 0
Feb 8, 2021
Subscribe to the show
 
FCMs and B/Ds can change/increase your margin rates without notice and without an explanation.
 
They do this to protect the integrity of the market whether participants like it or not.
 
This is normally done to the retail market, not the institutional market.
 
Click here to get your free copy of The Inner Voice of Trading audiobook.
Buying a Call option on yourself 0
Feb 5, 2021
Subscribe to the show
 
You don't even have to buy Calls - you can get clients to give you them.
 
Click here to get your free copy of The Inner Voice of Trading audiobook.
Experience is (or will be) your best guide 0
Feb 4, 2021
Subscribe to the show
 
I don't think you can intellectualize how you will feel about something you haven't experienced. 
 
The emotional and psychological wisdom you gain from experience is invaluable. 
 
Click here to get your free copy of The Inner Voice of Trading audiobook.
How you can develop your Intuition 0
Feb 3, 2021
Subscribe to the show
 
You have to write out what you think your instincts are telling you by hand.
 
A short list is better than a long memory, and it helps you be honest with yourself and have integrity with the process.
 
Click here to get your free copy of The Inner Voice of Trading audiobook.
If you get knocked out, you can get back in at higher prices 0
Feb 2, 2021
Subscribe to the show
 
The price is a beacon for you to enter your orders to manage risk.
 
Prices are not absolute, they are relative.
 
If you get stopped out trying to protect your capital, you can always get back in at higher prices.
 
Click here to get your free copy of The Inner Voice of Trading audiobook.
You cannot step in the same river twice 0
Feb 1, 2021
Subscribe to the show
 
Winners rotate - what made you money last week, month, or last year, might not be what carries the day in 2021.
 
Use protective stops to capture as much of your unrealized gains as possible.
 
"You cannot step in the same river twice" is a quote from Heraclitus.
 
Click here to get your free copy of The Inner Voice of Trading audiobook.
1
©Trader Mindset