Traders Improved Trading Podcast

What does it take to become a successful trader? Having mentored traders for the last 8 years, we have seen a lot of traders come and go. But we have also seen similarities among the traders that have shown great progress. This is why we have compiled the eight steps that traders have to go through in order to improve their trading and, hopefully, start making money.

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My newest trading program is now open for enrollment. The Tradecademy includes a brand new trading course with over 80 videos., a private community, direct mentoring from me (Rolf), live webinars and other perks:

► https://tradeciety.com/academy

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Edgewonk trading journal:

► https://www.edgewonk.com  *** use discount code: tradeciety ***

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► Risk Disclaimer: https://www.tradeciety.com/risk-disclaimer/ 

Disclaimer: The experience reports and comments constitute the personal experiences of our users. These are individual results that do not permit conclusions to be drawn about future developments. In particular, we make no claim that these are typical results that can be achieved by our users on a regular basis. Tradeciety can neither predict nor guarantee the occurrence of certain developments or the achievement of profits, nor will it do so.

Results may not be typical and may vary from person to person. There are inherent risks involved with investing and trading, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk.

A feedback loop helps you grow from your mistakes and helps you find opportunities to become a better trader. 

A feedback loop has 5 parts:

1. Execution

2. Monitoring / Data gathering

3. Evaluation

4. Adjustment

5. Repeat

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My newest trading program is now open for enrollment. The Tradecademy includes a brand new trading course with over 80 videos., a private community, direct mentoring from me (Rolf), live webinars and other perks:

► https://tradeciety.com/academy

################

Edgewonk trading journal:

► https://www.edgewonk.com  *** use discount code: tradeciety ***

################

► Risk Disclaimer: https://www.tradeciety.com/risk-disclaimer/ 

Disclaimer: The experience reports and comments constitute the personal experiences of our users. These are individual results that do not permit conclusions to be drawn about future developments. In particular, we make no claim that these are typical results that can be achieved by our users on a regular basis. Tradeciety can neither predict nor guarantee the occurrence of certain developments or the achievement of profits, nor will it do so.

Results may not be typical and may vary from person to person. There are inherent risks involved with investing and trading, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk.

When it comes to trade entries, traders are usually struggling with early or late entries. In this podcast, I provide tips on how to improve your trade entries. 

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My newest trading program is now open for enrollment. The Tradecademy includes a brand new trading course with over 80 videos., a private community, direct mentoring from me (Rolf), live webinars and other perks:

► https://tradeciety.com/academy

################

Edgewonk trading journal:

► https://www.edgewonk.com  *** use discount code: tradeciety ***

################

► Risk Disclaimer: https://www.tradeciety.com/risk-disclaimer/ 

Disclaimer: The experience reports and comments constitute the personal experiences of our users. These are individual results that do not permit conclusions to be drawn about future developments. In particular, we make no claim that these are typical results that can be achieved by our users on a regular basis. Tradeciety can neither predict nor guarantee the occurrence of certain developments or the achievement of profits, nor will it do so.

Results may not be typical and may vary from person to person. There are inherent risks involved with investing and trading, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk.

In this podcast, I identify things and activities in your trading that are objectively good for your overall development as a trader.

What are the things that ALL traders will agree are beneficial for your trading!?

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My newest trading program is now open for enrollment. The Tradecademy includes a brand new trading course with over 80 videos., a private community, direct mentoring from me (Rolf), live webinars and other perks:

► https://tradeciety.com/academy

################

Edgewonk trading journal:

► https://www.edgewonk.com  *** use discount code: tradeciety ***

################

► Risk Disclaimer: https://www.tradeciety.com/risk-disclaimer/ 

Disclaimer: The experience reports and comments constitute the personal experiences of our users. These are individual results that do not permit conclusions to be drawn about future developments. In particular, we make no claim that these are typical results that can be achieved by our users on a regular basis. Tradeciety can neither predict nor guarantee the occurrence of certain developments or the achievement of profits, nor will it do so.

Results may not be typical and may vary from person to person. There are inherent risks involved with investing and trading, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk.

A psychological bias is like a mental shortcut or a pre-programmed response that our brain uses to help us make decisions faster. It's often based on our previous experiences, beliefs, and assumptions. Biases help us make sense of the world around us and respond quickly, especially when we have incomplete information, or when dealing with too much information to take everything in.

However, these biases aren't always accurate and can sometimes lead to errors in judgment. Most times, they can be quite helpful and save you time, but, when it comes to trading, they can lead to traders making costly mistakes.

In this podcast, I go over the 5 most common and most damaging biases that impact our decision-making as traders. 

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My newest trading program is now open for enrollment. The Tradecademy includes a brand new trading course with over 80 videos., a private community, direct mentoring from me (Rolf), live webinars and other perks:

► https://tradeciety.com/academy

################

Edgewonk trading journal:

► https://www.edgewonk.com  *** use discount code: tradeciety ***

################

► Risk Disclaimer: https://www.tradeciety.com/risk-disclaimer/ 

Disclaimer: The experience reports and comments constitute the personal experiences of our users. These are individual results that do not permit conclusions to be drawn about future developments. In particular, we make no claim that these are typical results that can be achieved by our users on a regular basis. Tradeciety can neither predict nor guarantee the occurrence of certain developments or the achievement of profits, nor will it do so.

Results may not be typical and may vary from person to person. There are inherent risks involved with investing and trading, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk.

Now that I am approaching 40, I asked myself what I would tell my 20 year old self that wanted to get into trading. 

In this podcast, I share my thoughts and provide some practical tips for young traders.

Timestamps from the episode:

0:00 Start

0:22 You have time

1:46 Play the long game

4:06 Realistic expectations

5:50 Are you a day trader or a swing trader

8:07 Good habits, backtesting, journaling

10:09 Demo trading

11:15 Position size

12:58 Get an education

15:04 You can have a part-time job

16:45 It takes money to make money

17:45 Admit when trading is not for you

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My newest trading program is now open for enrollment. The Tradecademy includes a brand new trading course with over 80 videos., a private community, direct mentoring from me (Rolf), live webinars and other perks:

► https://tradeciety.com/academy

################

Edgewonk trading journal:

► https://www.edgewonk.com  *** use discount code: tradeciety ***

################

► Risk Disclaimer: https://www.tradeciety.com/risk-disclaimer/ 

Disclaimer: The experience reports and comments constitute the personal experiences of our users. These are individual results that do not permit conclusions to be drawn about future developments. In particular, we make no claim that these are typical results that can be achieved by our users on a regular basis. Tradeciety can neither predict nor guarantee the occurrence of certain developments or the achievement of profits, nor will it do so.

Results may not be typical and may vary from person to person. There are inherent risks involved with investing and trading, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk.

In this episode, I talk about the seven most important character traits for aspiring traders. I also provide practical tips for each of the seven points that can help you in your trading.

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My newest trading program is now open for enrollment. The Tradecademy includes a brand new trading course with over 80 videos., a private community, direct mentoring from me (Rolf), live webinars and other perks:

► https://tradeciety.com/academy

################

Edgewonk trading journal:

► https://www.edgewonk.com  *** use discount code: tradeciety ***

################

► Risk Disclaimer: https://www.tradeciety.com/risk-disclaimer/ 

Disclaimer: The experience reports and comments constitute the personal experiences of our users. These are individual results that do not permit conclusions to be drawn about future developments. In particular, we make no claim that these are typical results that can be achieved by our users on a regular basis. Tradeciety can neither predict nor guarantee the occurrence of certain developments or the achievement of profits, nor will it do so.

Results may not be typical and may vary from person to person. There are inherent risks involved with investing and trading, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk.

Most traders know that they need to have a trading strategy that "fits them personally" in order to execute it with confidence. But how to actually tailor a trading system to your own needs if often unknown.

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My newest trading program is now open for enrollment. The Tradecademy includes a brand new trading course with over 80 videos., a private community, direct mentoring from me (Rolf), live webinars and other perks:

► https://tradeciety.com/academy

################

Edgewonk trading journal:

► https://www.edgewonk.com  *** use discount code: tradeciety ***

################

► Risk Disclaimer: https://www.tradeciety.com/risk-disclaimer/ 

Disclaimer: The experience reports and comments constitute the personal experiences of our users. These are individual results that do not permit conclusions to be drawn about future developments. In particular, we make no claim that these are typical results that can be achieved by our users on a regular basis. Tradeciety can neither predict nor guarantee the occurrence of certain developments or the achievement of profits, nor will it do so.

Results may not be typical and may vary from person to person. There are inherent risks involved with investing and trading, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk.

To help you with an overview of the 9 points I discuss in the podcast, here are the principles:

1. Don´t system-hop

2. Learn position sizing

3. Have an exit plan for every trade

4. Rules: a trade is more than an entry only

5. Analyze your trading every week

6. Learn to lose

7. Trade only when everything looks perfect

8. Play the long-game

9. Take trading seriously

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My newest trading program is now open for enrollment. The Tradecademy includes a brand new trading course with over 80 videos., a private community, direct mentoring from me (Rolf), live webinars and other perks:

► https://tradeciety.com/academy

################

Edgewonk trading journal:

► https://www.edgewonk.com  *** use discount code: tradeciety ***

################

► Risk Disclaimer: https://www.tradeciety.com/risk-disclaimer/ 

Disclaimer: The experience reports and comments constitute the personal experiences of our users. These are individual results that do not permit conclusions to be drawn about future developments. In particular, we make no claim that these are typical results that can be achieved by our users on a regular basis. Tradeciety can neither predict nor guarantee the occurrence of certain developments or the achievement of profits, nor will it do so.

Results may not be typical and may vary from person to person. There are inherent risks involved with investing and trading, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk.

It can be hugely beneficial to understand what type of trader you are. But if you are a new trader and don´t lack the awareness to truly understand your trader type yet, we can get to know ourselves by looking outside of trading.

For example, by looking at your gamer type, we can pretty accurately estimate our personality type and identify our strengths and weaknesses. This leads to some interesting observations and helps us improve our approach to trading.

The podcast I was referring to:

https://sites.libsyn.com/115004/628-dr-k-healthy-gamer-why-are-we-all-so-addicted-to-our-screens

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My newest trading program is now open for enrollment. The Tradecademy includes a brand new trading course with over 80 videos., a private community, direct mentoring from me (Rolf), live webinars and other perks:

► https://tradeciety.com/academy

################

Edgewonk trading journal:

► https://www.edgewonk.com  *** use discount code: tradeciety ***

################

► Risk Disclaimer: https://www.tradeciety.com/risk-disclaimer/ 

Disclaimer: The experience reports and comments constitute the personal experiences of our users. These are individual results that do not permit conclusions to be drawn about future developments. In particular, we make no claim that these are typical results that can be achieved by our users on a regular basis. Tradeciety can neither predict nor guarantee the occurrence of certain developments or the achievement of profits, nor will it do so.

Results may not be typical and may vary from person to person. There are inherent risks involved with investing and trading, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk.