In my experience, even the best traders struggle with one or more of these.
But they have almost no idea what the problem is when it’s happening.
And they end up trading based on a combination of ingrained habits and outside issues that may have NOTHING to do with trading.
It’s a tale as old as time. But it happens to everyone.
Take one trader (we’ll call her Linda) I worked with, for example…
She was a successful trader who had years of experience in the markets.
But she came to me after a series of bad trades started shrinking her account.
She recognized she was taking on more risk than usual…
But she couldn’t figure out WHY she kept trading against her plan.
What she didn’t realize was this had nothing to do with trading.
This happened shortly after the lockdowns during 2020.
And while Linda was normally a thrill-seeker who could make most extreme sports athletes blush in her free time…
All those outlets for adventure disappeared in an instant.
And NOW she was seeking that adventure in her trading.
This is the sort of situation I help traders with all the time… and often it takes just a few minutes of digging into the issues to get to the root of the problem.
Thanks to 17 years working with traders of all walks of life — from Wall Street firms to individual traders trading from home — I’ve seen all the biggest landmines that can sabotage your trading.
And I’ve seen how big of a difference it can make once you finally identify them and make a few small changes.
Unfortunately, as much as I love helping traders, I don’t have the time to help everyone like I wish I could.
So here’s what I’ve decided to do…