Archive for April, 2009

Trading & The Art of Not Caring

Thursday, April 16th, 2009

An important part of your “mental game of trading” is the art of not caring.  For a lot of traders, the harder they try the worse their results. The reason is because trading goes against what comes natural for most people.  As children, we’re taught to run away from things that cause fear.   In trading, however, traders have to act boldly in the face of the unknown.

When you get in a trade, consider saying something like, “I entered this trade based on the rules of my strategy, and I know losing is a part of trading so I won’t worry about the outcome”.  The more someone tries to trade, the harder it becomes.

Who cares

Trading should get to the point where it’s boring.  The absolute worst thing someone can do is cheer on their trade or “hope” for it to hit their target.  When that happens, the trader is no longer thinking objectivly and can miss important information being given to them by the market.  You have to be able to change your opinion in a fraction of a second and not let it have any affect on your ego.

So the next time you’re in a trade and you feel your blood pressure rise and your hands start to shake, just sit back and relax.  Take comfort in the fact that you’re following a strategy that you’ve tested and practiced trading.

How to Make Your Own Life Lengthening Juice

Monday, April 6th, 2009

In my journey to eat healthier and be more active, I've found something I really like to do.  Drinking fresh juice in the morning can give you more kick than a double shot cappuccino!  It tastes great and is really healthy for you.  There are a bunch of juicers on the market.  Everything from the PowerJuicer to more expensive commercial products.  

My favorite fruits:

Apples
Oranges
Strawberries
Kiwi
Carrots
Grapes