This is a much bigger deal than the quiet title may be indicating to you. And I imagine the title brought about a little curiosity, and you probably have some idea what I’m going to talk about. It’s not meant to be a cute title, it is actually a term I use virtually every day. It does apply to both day trading and longer-term trading or swing trading, at least most aspects of this conversation do. It’s part of a problem that I call the silent killer for traders because it often goes unnoticed, sometimes forever.

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This episode is a practical look at two topics that are not directly related, but are often misunderstood: diversification and leverage. Diversification is often misused. There are different goals when diversifying, and different methods for doing it. Leverage is also frequently misunderstood and, for the most part, is a much simpler topic. This episode will be fairly short and will focus on answering the common questions that come up when discussing both of these topics.

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This episode is a brief common-sense reminder about staying aware, thinking clearly, and not getting too comfortable IF or when conditions may be changing. It is about preparation, perspective, and avoiding the kind of complacency that can quietly create bigger problems later.

Sometimes the biggest risk is not what you see coming, but what you stop paying attention to. This has great information about how people get complacent, how you become a deer in the headlights, and tips on how to avoid it.

Episode Slidenote: https://disciplinedtradingstrategies.com/podcast-slidenotes76/

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If you’re new to trading, this is where you start. Before you ever place a trade, there are a few things you must understand, from choosing the right broker and charts to learning how to read price and manage risk. In this episode, we break down the true foundation of trading, including time frames, account structure, and why education and planning come before anything else. Trading doesn’t start when you click buy. It starts with how you prepare.

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If you’re new, scanning is the process of taking a large number of symbols and narrowing them down to a smaller group by identifying the characteristics you want for a possible trade setup. It applies to long-term trading, swing trading, and day trading. The main focus of this podcast is the balance and trade-off between quality and focus when scanning. There can be a real cost to watching too many symbols, just as there can be a cost to watching too few. Some traders manually review large lists, while others use computer scans to help with the process. We’ll discuss both approaches in this episode.

Episode Slide Notes here

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The term averaging can be confusing for newer traders. In simple terms, it means entering a stock at one price and then adding more shares later, which creates an average cost basis based on how many shares were purchased at each price. Buying at higher prices is known as averaging up, while buying at lower prices is averaging down.

In this episode, we take a deeper look at the pros and cons of the three different ways traders add shares to a position. These approaches I refer to as professional, risky, and deadly — and understanding the difference may be the key to avoiding a trade that never ends.

Episode Resource: youtu.be/7eT7kjkq4NA?si=fDDXhv8t8KCkHclq

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Due to the holidays, it's been an extra couple of weeks since my last podcast. This one actually came as an offshoot from the last DTS educational event I did in mid-December. That event was called A Fireside Chat at DTS and highlighted some of my favorite topics from the year. One of those topics had to do with the role of strategies and the misunderstanding of that role as it comes to traders. This podcast explains that very critical concept and also uses a great analogy foreshadowed by the title.

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This one was inspired by many questions I received. In this episode, I break down one of the biggest trading demons we all face — FOMO. I talk about how fear, impatience, and the pressure to “catch the move” can quietly push us into overtrading and stepping outside our plan. I’ll show you how these emotions connect, how they trick even experienced traders, and what I personally do to stay disciplined when the market is tempting me the most. If you’ve ever chased a trade you knew you shouldn’t take, this one will hit home.

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In this episode, I dive into the trap of judging trades by their results. Sometimes we get rewarded for doing something sloppy, and other times we take a clean, disciplined trade that just doesn’t work out. I talk about why a “good trade” might not be as good as it looks — and why a “bad result” might still be one of your best trades of the week. It’s a simple idea, but once you really understand it, it changes how you look at every trade you take. This is also a key reason for new traders to fail or struggle, tune in for the details.

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Two podcasts ago, I talked about trading plans for the first time in this series. Now, it’s not because trading plans aren’t important — they’re actually critical — but they’re not always the easiest topic to break down in a podcast format.

That said, I got a lot of great feedback and a few interesting questions, so in this episode I want to take a little time to follow up and dig deeper.

If you haven’t listened to that earlier episode yet, it’s Podcast #68, “Trading Plans – Just Some Tips.” You might want to go back and check that one out first.

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