Managing your size when the market changes
I get into detail about how to manage your trading size when what you were doing no longer works and you have to adapt to a different market.

I get into detail about how to manage your trading size when what you were doing no longer works and you have to adapt to a different market.
I answer three of a listeners questions. Do discretionary traders have an edge? Should I stick with what I understand or pick something that fits my hours? If I’m struggling is it a poor choice of markets or is it me?
I cover a lot of different topics on this episode. I discuss the anguish of selling too soon. I talk about dealing with conflict in voices in your head. I also talk about the current extreme political and social landscape and how it relates to the market. And we talk about exercise.
I talk about changing my physical workspace as well as a meditation technique that is helping me create systematic behavioral change.
I talk about a concept from a book I’ve enjoyed that helps me create systemic behavioral change while maintaining some mental sanity.
There could be some stupid news at play here, I talk about redistricting and common first order thinking.
Being disgusted is not necessarily a pleasant emotion, but sometimes, used to the right way it can help your trading.
I talk about the energetic price to pay for chasing what is currently working but may not be aligned with where you want to go. Should you do it? The answer is maybe it depends.
You may spend 90% of the time in a parade going 5 mph and only 5% of the time parked and the last 5% of the time kicking ass on the highway. Learning this balance is very important to your trading success.
I talk a little bit about a new strategy I’m working on.
I talk about my year and some of the mistakes that hurt me. I also talk about my experience with joining some trading groups and how that impacted me.
I discuss two different trading communities I have signed up for and what they offer.
I discuss my experience joining different groups and communities related to trading.
I share a story about deliberate practice versus generalized practice. I talk about Tiger Woods, Roger Federer and young musicians from China and how you may be able to reach your potential faster.
I talk about growing and drawdowns in terms of what you can learn by tuning into what you’re feeling at the moment, which can save you from something to come.
I talk at length about the challenges and the approach I’m taking to adding new strategies to what I already know
I talk about what I’m doing in order to go to a new level. I discuss my approach to learning new strategies around what I already know.
I talk about how you can move your position size up and all of it has to do with assessing the risk and trust in yourself to enter where you are least vulnerable.
Last time I talked about probing deeper into the “why” behind your trading mistakes. This time I go into the value of focusing on the details around your best trades.
https://www.desiretotrade.com/263-what-successful-traders-have-in-common-brad-jelinek/
I discuss how I moved the goalposts during a trade. I changed what I was going to do by talking to somebody else and when it didn’t work I had no solution. I then allowed it to bleed into the rest of my week.
I talk about the struggles another trader is having and then we go into how he is reviewing his trades and how I am reviewing my trades and what we can learn about doing it better.
This is a very important episode for me and it’s about coming off a nice run of trading and facing that first loss. This is something that will challenge you your entire career.
I talk about different ways you can ask me a question so I can do a podcast on it and everyone can benefit.
I talk about maintaining the right perspective as you navigate through different environments and see different things happening around you. It’s very important to understand these cycles so you do not get caught up in them.
This is another re-post of a discussion with another trader about how my trading has evolved.
This is a recording I left to another trader pertaining to his recent drawdown and experimenting with new strategies.
I discuss some measures I’m taking to thrive in this environment. You must adapt to what’s in front of you.
I talk about the action today after the federal reserve announcement and how news, in a counter intuitive way, can play into market bottoms.
I talk about strategies for staying in the game when the market is busy.