2022 is now officially well underway and hopefully you are making the best of it and sticking to all those 2022 New Year’s trading resolutions you made January 1st. Before we get too much further into the new year, I want to make sure you didn’t miss any of our best posts from 2021.
Last year was an amazing year for me both professionally and personally and each year as I write about all the trading topics swirling around in my head, the process helps me improve and grow as a trader, and I want to share that knowledge with you as much as possible.
So, to get you up to speed on the highlights of 2021, let me proudly present a list of 12 killer posts from last year that you may have missed:
1. To Make Big Money Trading, Don’t Think About The Money
The first post in our list was an article I wrote to try and convey to traders that becoming overly-focused on the “money” and “reward / profit” part of trading, is truly the underlying reason why most people fail to make money.
What you need to do is become overly-focused on the actual process, the details of trading and learn to LOVE that part of it. If you get to the point where you truly enjoy being disciplined and patient as well as tracking your performance and sticking to a trading plan, money and profits will start to become more and more attracted to you.
2. Three Trading Strategies I Would Take To a Desert Island
This lesson was meant to show you what trading strategies I would pick if I could only pick a few. Truthfully, all you really need is a small handful of trading strategies to enter the market at a high-probability point. This article served two purposes: to explain some of my favorite price action trading strategies but also to discuss the fact that a trading strategy involves more than just a “signal bar”. Things like money management and trading time-frames are just as important as the entry signal and are also pieces of your overall “trading strategy”.
3. Beware of The Trading Pandora’s Box
This post was written to warn traders about the “snowball effect” of trading mistakes or the Pandora’s box, so to speak, that gets put into motion very easily in the trading world.
Once a trader starts trading too frequently or risking too much, or makes any number of other mistakes, it typically sets off a “chain-reaction” of trading errors that quickly erases any progress they’ve made and can just as quickly blow-out their trading account.
4. What If You Only Took 4 Trades a Month?
In this lesson, I discuss and SHOW YOU with examples the POWER of a low-frequency trading approach.
Far and away, the biggest reasons most retail traders lose their money in the markets, is trading too much. I show you in this lesson how taking just 4 trades a month can achieve, a very, very nice return even if you’re losing 50% of the trades, so that’s just 2 winning trades a month! Right now, I am willing to bet most of you are trading for more than 4 times a month and you’re probably not profitable either.
5. What I Wish I Knew About Trading 18 Years Ago
This lesson is an in-depth look at some of the most important lessons I have learned since I began trading the markets about 18 years ago. If you read this post carefully, you will absorb years of trading insight that cost me a lot of time and money to learn.
6. Price Action Analysis Reveals The Footprint of Money
In one of my most detailed posts about the power of price action, I get into exactly how price action is like a story on the charts that you can learn to read if you get the proper training and put in the screen time. You will learn to understand which price bars matter and which ones probably don’t as well as how to interpret their meaning if you get a proper price action trading education.
7. Here’s What Happens if You Practice Once Trading Strategy 10,000 Times
Bruce Lee said, “I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick, 10,000 times.”
For a trader, what this means is that you are more “lethal” in the markets if you focus on fewer things and just get really, really good at them. To contrast, what most traders do is try to learn “everything” they read or hear about, trading indicators, gurus, forums, etc. they end up getting “lost in the sauce” of trading information, so to speak.
8. 6 Types of Tailed Bar Candlestick Trading Strategies
The tails on candlestick bars, also sometimes called “shadows” or “wicks” are very, very important. So much so, that I devoted an entire lesson to them, which you can read in the link below. However, not “every” tailed bar is equal to the others, so you need to learn the differences and how to trade them.
9. How to Develop a Winning Trader’s Mindset
A large portion of my professional trading course is dedicated to topics of trader psychology, mindset and self-control, because developing a winning trading mindset is truly one of most important components of successful trading, and many would make the case that it is THEE most important.
10. How to Use 1 & 4 Hour Chart Time Frames to Confirm Daily Chart Signals
If you’ve been following my blog for any length of time, you know I am a proponent of the daily chart time frame and that I’ve written multiple articles on this topic. However, I also use the 1 hour and 4 hour time frames, as discussed in my trading course.
11. How to Trade Like a Hedge Fund Manager
Some of you may not like this or may even not agree with it, but in all my years of business and financial market speculation, I have yet to find this to be untrue: To succeed you have to “fake it until you make it”. It sounds cliché, yes, but it’s damn true, and here’s why: In order to become a success in ANY FIELD, you have to first believe you can do it and then you have to start following that belief religiously so that you devise a PLAN OF ATTACK and follow that plan one day at a time. A belief or a dream such as “becoming a profitable trader” is nothing if you don’t break it down into actionable steps, this is what success is made of and it all starts with “acting as if” and believing with 100% certainty you are going to achieve it, in fact, you must behave as if you already have achieved it.
12. The Top 10 Lessons I’ve Learned in 18 Years of Trading
This post is exactly what it says in the title: A list of the 10 most important lessons I have learned over my 18 years in the markets. As I stated earlier, you have what is probably the best possible educational tool right here in front of your face; the insight that I share with you. Whether you take my course to learn more or simply read all my free lessons, my goal is to teach traders what I have learned.
Tell me what trading topic you want me to write about in 2022? Post your suggestion in the comments below.
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