Info

The Michael Martin Show

Michael Martin is a trader and instructor for MartinKronicle. His show deals with the emotional and psychological aspects of trading and managing risk. Martin's own book is called "The Inner Voice of Trading" and features interviews with Michael Marcus, Bill Dunn, and Ed Seykota - who also wrote the Foreword.
RSS Feed Subscribe in Apple Podcasts
The Michael Martin Show
2024
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: April, 2021
Apr 30, 2021
You can manage your mindset like a portfolio manager.
 
Sell the bad vibes and buy more of the good ones.
 
When you sell your losers fast, you improve your mindset.
 
That can lead to better performance.
 
Apr 29, 2021
You'll feel better taking the small loss today, rather than taking a larger one tomorrow.
 
By avoiding the frustration today, you invite despondency tomorrow from having lost more.
 
Things go from unfavorable to bad and then to worse.
 
Which would you rather feel?
 
Apr 28, 2021
Don't become soft and start negotiating with yourself when you start losing money.
 
Be decisive and offset the position.
 
You main goal is to play superior defense.
 
Apr 27, 2021
Don't let your greed overshadow risk management even with large unrealized gains.
 
You can give them back in no time.
 
Apr 26, 2021
It's the client's money, but you are the boss.
 
Wherever you are sitting, it has to be at the head of the table.
 
Apr 23, 2021
It's the client's money, but you are the boss.
 
Wherever you are sitting, it has to be at the head of the table.
 
Apr 22, 2021
Tell your clients to mind their own business.
 
You are the money manager / investment advisor.
 
Apr 21, 2021
"When I fall in love, it will be forever."
- When I Fall in Love, Nat King Cole (lyrics by Edward Heyman and music by Victor Young)
 
Stocks aren't women (or whoever you're attracted to).
 
Don't fall in love with them.
 
Apr 20, 2021
The story around a stock can cross over into the realm of fiction.
 
Only the price tells you the truth.
 
Apr 19, 2021
Set goals even if you don't know how you'll achieve them.
 
Your brain will find a way to work it out.
 
Intentions equal results.
 
Apr 16, 2021
We are powerless over the markets.
 
The best we can do is to harness the forces to our advantage only when it makes sense to do so.
 
Apr 15, 2021
Traders constantly make decisions with imperfect information.
 
Be mindful and aware that your strong feelings for a name / sector don't outweigh the expected value of a trade.
 
Apr 14, 2021
Context on self-doubt when it begins to pervade your trading when you find yourself in a losing streak.
 
Apr 13, 2021
Managing risk when your names go against you but you don't get stopped on any one particular name.
 
Apr 12, 2021
Equity pairs (long one stock, short another correlated stock) can stake the sting out of market pullbacks.
 
This involves short selling so make sure you know that short selling is appropriate for your level of risk tolerance and financial means.
 
Apr 9, 2021
Your upside and drawdowns go hand in hand.
 
Make sure you investigate both when adopting a new trading style or asset class.
 
Apr 8, 2021
I believe in knowledge for the sake of it.
 
But you need to figure out the marketing game in order to attract clients and assets.
 
Having a designation isn't going to attract new clients through the front door.
 
This also marks the second time I misspoke this week: I'm pretty sure Alex Lifeson used a Flanger with Chorus on The Spirit of Radio. I believe I said Phase Shifter. (I can get the same sound with a Phaser FYI...)
 
Apr 7, 2021
If you're an investment advisor, you need to have an understanding of the narrative as it will come up with your client conversations.
 
If you're creating alpha, focus on your own behavior and eliminate as much of the noise as possible.
 
The price will tell you all that you need to know.
 
Apr 6, 2021
You can learn and enhance the nuances of your trading rules by looking at the same instrument over multiple time frames.
 
This allows you to refine your rules to better suit your emotions and trading psychology.
 
Fragile is the 4th album by the musical group Yes...I mistakenly said it was one of the first albums.
 
Apr 5, 2021
You can't delegate your emotional intelligence.
 
What can you replace your feelings of frustration with that won't sabotage your trading or your life?
 
Apr 2, 2021
Human behavior is predictable: people want to feel good.
 
That means they'll do the wrong thing at the right time.
 
Use that to your advantage in your modeling.
 
Apr 1, 2021
Seek pleasure in setting your protective stops.
 
Love the outcome rather than becoming frustrated - you've just preserved your capital.
 
1