I was asked on Twitter (@Tradeciety) what to do in order to progress from break-even trading to profitable trading.

Having reviewed dozens of trading journals over the years, I have come across this exact situation many times and in this podcast, I share the best tips on how to audit and change your trading approach to make the next step in your trading journey.

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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.

Today I want to talk to about what it means when traders say that "we put the odds in our favor". I found two great analogies that will hopefully help you understand this concept because in my experience it is one of the most important ones to follow in 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.

Last month I reached out to my YouTube followers and I asked what the biggest struggles in their trading are. 

Today I picked 10 of the most interesting and most commonly asked questions and provide my view and share some tips on how to deal with those situations. 

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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.

The Traders Improved podcast is back. I want to say a BIG THANK YOU to all of you who kept sending nice emails my way. This was finally the reason that motivated me to restart the podcast.

In this episode, I talk about why it is so hard to do the things that we know we should be doing. I then also provide some tips on how to improve your decision making as a trader.

I think I am a bit rusty when it comes to podcasting but it will be smoother soon :) I will be back in 2 weeks with the next episode.

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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 week's podcast, I talk about the three-step process that will help you improve your trade quality and stop repeating the same mistakes over and over again.

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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.

Backtesting is such a valuable activity as a trader and it goes way beyond just looking for potentially profitable trading strategies.

In this podcast, I share 8 benefits and reasons why backtesting is something every trader should do on a regular basis.

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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.

There is one key trait that will help you master trading and any other area in your life.

In this podcast episode, I am exploring one of the most important concepts that will help anyone go from losing to a consistently winning trader.

Non-trading book recommendations:

Against the gods: The remarkable story of risk

Gambling Wizards: Conversations with the World’s Greatest Gamblers

The Subtle Art of Not Giving a F*ck

The Last Lecture - Randy Pausch

The Untethered Soul: The Journey Beyond Yourself

The ONE Thing: The Surprisingly Simple Truth About Extraordinary Results

The Greatest Salesman in the world - Og Mandino

Zero to One: Notes on Startups, or How to Build the Future

The Psychology of Money: Timeless lessons on wealth, greed, and happiness

Biography recommendations:

Arnold Schwarzenegger - Total Recall

Phil Knight - Shoe Dog

Andre Agassi - Open

Sam Walton: Made In America

The Mamba Mentality: How I Play

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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.

Trading Psychology is a very wide field and there is so much to tackle when it comes to improving your mental game as a trader.

But after working with hundreds of traders over the last 6 years, there has been one key mental skill that really stands out among the best traders that I have mentored.

In this podcast, I discuss the role of patience and impulsivity in trading and also provide practical tips and exercises on how to improve your mental game in those areas.

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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.

Being ready to deal with failure and setbacks in trading is a key skill. 

Failing to deal with failure is going to destroy your mental and financial capital and make profitable trading impossible.

In this podcast episode, I am proposing a different approach to dealing with setbacks.

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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.

Many traders will get to a point where they feel that they need to take a break and can't keep on trading.

In this podcast episode, I am talking about this common phenomenon, what leads to it and how to go about it.

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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.