In this episode Dan Fitzpatrick and Scott McGregor discuss the Balance of Mentoring Traders and trading their own accounts, how when you start to feel really smart it’s probably time to sell something and Dan shares a story about Creating Value and Capitalizing on Opportunity. They also talk about the importance of having Concrete Goals and how important it is to Narrow Your Focus in a busy market environment. 

Follow Dan and Scott on Twitter: 

http://www.Twitter.com/DanFitzpatrick 

http://www.Twitter.com/Scottrades

If you’re interested in more of this kind of in-depth analysis, become a member of Stock Market Mentor. Your first 14 days are only $7.00. Use this link to get started: http://stockmarketmentor.com/member-signup/

After the Fed’s pause yesterday, combined with a “We are not done. Really, we aren’t done” statement by Powell, the market is pausing just a bit to get everything sorted out.  All things considered--and there are a lot of things to consider--yesterday’s action was pretty tame. Dan Fitzpatrick asks the question...has anything really changed? 

If you’re interested in more of this kind of in-depth analysis, I recommend you become a member of Stock Market Mentor. Your first 14 days are only $7.00. Use this link to get started: http://stockmarketmentor.com/member-signup/

Dan Fitzpatrick of StockMarketMentor.com gives his thoughts about the market and trading leading up to the latest Fed Interest Rate Decision. 

If you’re interested in more of this kind of in-depth analysis, I recommend you become a member of Stock Market Mentor. Your first 14 days are only $7.00. Use this link to get started: http://stockmarketmentor.com/member-signup/

Dan sent out a note to StockMarketMentor.com members recently about Self-Talk and wanted to share it with you as well. We only succeed as far as our minds let us. Use your self-talk as positive reinforcement and not a club to beat yourself with. 

If you’re interested in more of this kind of in-depth analysis, I recommend you become a member of Stock Market Mentor. Your first 14 days are only $7.00. Use this link to get started: http://stockmarketmentor.com/member-signup/

Dan has a pro tip about simplifying your trading computer setup and using the tools you have in front of you. 

If you’re interested in more of this kind of in-depth analysis I recommend you become a member of Stock Market Mentor. Your first 14 days are only $7.00. Use this link to get started: http://stockmarketmentor.com/member-signup/

In my weekly webinar with our members at StockMarketMentor.com I talked about some things relative to what I did this last week, where I went back to Florida to do a race car driving experience with a buddy of mine, Mark Minervini, and several others. It just got me thinking about things that I think are important and how we can put limiters on ourselves when what we should be doing is, rather than stepping on the brakes, we should continue to hit the accelerator. I hope this resonates with you. 

If you’re interested in more of this kind of in-depth analysis I recommend you become a member of Stock Market Mentor. Your first 14 days are only $7.00. Use this link to get started: http://stockmarketmentor.com/member-signup/

In a recent StockMarketMentor.com webinar, Dan had a question from a member who had blown up an account in 2022 and struggled to get traction this year. Here's what Dan had to say, coming from his own experience. 

Here's a breakdown of the SVB Collapse and where we might need to go next. 

If you’re interested in more of this kind of in-depth analysis I recommend you become a member of Stock Market Mentor. Your first 30 days are only $7.00. Use this link to get started: http://stockmarketmentor.com/member-signup/

The market has been more of a 59 Minute Trading environment and less rewarding for Trend Following. As traders, most times we are actually not fighting the market but battling against ourselves. Dan Fitzpatrick explains how you need more than just discipline to succeed in trading, you also need to be a Determined Winner. Your Path to Success is a Choice. 

Start your Journey at Stockmarketmentor.com 

This market can be tough on undisciplined or enthusiastic traders.  Traders gotta trade! Right?

Well, there’s more to trading than buying and selling.  A LOT more.  I’ve put together some thoughts on the most important aspects of trading that most traders never consider.  I think this is really important stuff, so please take it in.

I hope some of this resonates with you.  I wish that I learned this stuff when I first started trading.