Traders Mastermind (Traders Mastermind)

How much time are you spending studying? Studying your market, your setup and your performance?

Are you going deep in your analysis or are you going wide?

https://www.tradersmastermind.com/

Let’s play a game (said in the style of Jigsaw from Saw…)

Solve this problem:

You have a £10k account and you need to turn it into £100k from trading in 30 days.

How would you do it?

• What trades would you take?
• How much risk would you deploy?
• How would you stop yourself from snatching at profits?
• Would you trade big size infrequently or small size frequently?
• What strategies and patterns would you trade?

It might seem like an odd exercise, but forcing yourself to solve an ‘unreasonable’ challenge is the key to unlocking your brain power.

The answers you come up with might just help your trading…

Listen and try it out, it only takes 30 minutes.

Forming sound trading habits allows your mind the freedom to make risk-based decisions with more clarity and with less bias.

It's good to read books about great traders and market wizards. But sometimes studying traders who are just a few steps ahead of you can have more impact.

Here's what I've observed whilst watching newly profitable traders turn the corner.

Join us: https://www.tradersmastermind.com/

This is a story about Zorro.

Zorro was a day trader who carved out a unique edge. Made a bunch of money, used that money to start a business, sold that business, and made a bunch more money...

Traders Mastermind: https://www.tradersmastermind.com/

Henry was last on the podcast ten months ago. 

And now he’s back…

Still funded; still making withdrawals, but now a part-time trader…

We explore the tough real-world decision Henry had to make last year shifting from full-time to part-time.

How he now fits in trading around running his business.

The exact strategy Henry trades on the DOWAnd his quest to take on more risk and trade size.

Plus his essential “40 trades” drill.

In this episode I speak to Steve Ward a performance coach for institutional traders across the globe.

He works with banks, hedge funds and prop firms to extract the very best from their traders.

Steve has a waiting list of institutional clients wanting to work with him so we are very fortunate to have him on the show!

Steve shares several tactical ways to improve the trading psychology side of your game.

Including:

• How to deal with trading fear.
• Handling pressure and stress.
• The latest visualisation techniques he uses with institutional clients.
• Mental tactics for scaling up your trading size.
• And many other peak performance tips and techniques.

If you are looking to improve your trading, and believe that trading mindset and psychology is the key then this episode is a must listen.

Check out Steve’s Trading Psychology Course

http://www.tradeatyourbest.com/

Use code tmtayb2250 for £50 off

Steve’s books

Bulletproof Trader: Evidence-based strategies for overcoming setbacks and sustaining high performance in the markets https://amzn.eu/d/43GZi2g

High Performance Trading: 35 Practical Strategies and Techniques To Enhance Your Trading Psychology and Performance https://amzn.eu/d/2lhSn85

TraderMind - Get a Mindful Edge in the Markets (Wiley Trading) https://amzn.eu/d/93RoHtX

Traders Mind Trading Journal https://www.tradersmindjournal.com

Traders Mastermind - https://www.tradersmastermind.com/

Trading Plan Pro - https://tradingplanpro.com/

You’ve heard that saying before…

But how can we implement that into our trading?

How do we ask better questions that help us get the results we want?

Let’s explore…

In this episode I talk to special guest Jarrod Goodwin about systematic or mechanical trading. (Using a complete rules based system)

Jarrod runs a selection of systematic strategies with full automation and in this interesting conversation I ask him:

• How he got into trading and why the mechanical route.
• How he comes up with new systems.
• Back testing rules and mistakes.
• Running multiple systems.
• Signs a system will work well.
• His best trading systems.
• Member Q&A

Jarrod also shares some mechanical systems that the listener can use. (Video clip at tradersmastermind.com)

You can find more of Jarrod and his strategies at https://www.youtube.com/c/TheTransparentTrader

It goes without saying that preserving financial capital and mental capital is crucial for trading success.

Combine those with drive and a strong work ethic and you've got a recipe for success, right?

Not always...

In this episode, I discuss the importance of clarity in your goals, short-term direction and the power of subtle course corrections along the way.

Sign up for my free daily email: https://www.tradersmastermind.com/email/ 

Forex day trader Anthony Vallone has been trading for 2.5 years. In that time he has found a system that suits his lifestyle, personality and goals.

He discovered the Asian session breakout trade and has been trading that exact system profitably for 9 months.

We discuss how Anthony gathers data on his performance and why it’s been so key to his success.

He also shares his process for daily improvement and his current focus, sizing up.

This is an inspiring episode for anyone in the early years of their trading career.

Anthony has bucked the trend of most and with focus and determination achieved consistency within 18 months.

Hip has been trading for more than a decade. He focuses on YM and CL (Dow and Crude) futures contracts reading tape to fine tune his entries.

In this episode we talk about Hip's daily trade prep, some of his trading setups, what he looks for on the order book and why he only trades two markets.

This is a follow-up interview with the options athlete from Episode 60.

In this episode, we discuss:

• The pros and cons of his big decision to shift market focus from stocks to the ES.
• Setting reasonable rules
• Breaking the day down into chunks
• Adding to trades
• Journaling best practices
• Getting an edge from statistics
• Creating a roadmap for the day
• Why he expects his biggest trades to come after 10 am EST

And so much more.

This was another interesting conversation with a serious and committed trader.

Please enjoy the episode and watch out for part 3.

Links:

Price action program (New statistics module mentioned)

Screenshot of intraday ES charts (Patterns mentioned)

Adam Linton is the Head of the European desk at Newsquawk. An audio squawk service that keeps you updated on potential market moving news events. Both scheduled and unscheduled. Used by prop firms, funds and retail traders across the world.

In this episode I asked Adam:

• How he decides what breaking news is a tradable opportunity throughout the day.
• What news should a short term trader be focusing on.
• How social media plays a role in breaking news.
• What's the 'holy grail' of breaking news opportunities for a day trader
• and much more!

Check out this interesting conversation.

Negative self talk.

As traders, we can be really tough on ourselves.

We are driven, we want to succeed, and know we have it in us.

But sometimes when we make a trading mistake, our self talk can be so negative that it damages any chance to learn or grow.

Perhaps you need to be more disciplined and yes it is very frustrating that sometimes you can't stick to your trading rules.

But harsh negative self talk isn't the answer. (You know this, because you've tried it!)

Be firm, be driven, but learn to accept we are humans, we make mistakes and the goal is not to remove them but reduce and learn from them.

In this episode, I run through a multi-step process for flipping negative self talk.

Perfect for traders who are dancing that fine line between being driven and forgiving of mistakes.

Link of the Harvard study mentioned:

Identifying Negative Automatic Thought Patterns

So, imagine quitting your steady 9-to-5 to go all-in on trading…

Well, that’s exactly what Ruchir Patel just did. In this episode, we chat about his leap into full-time trading, the fears he’s had to push through, his trading strategy, his mindset hacks, and how he’s gearing up to make it work.

It’s real, raw, and brimming with tips for those who’ve thought about turning trading into their career. Curious if you have what it takes? Hit play and find out...

Trading is a mental battlefield, and negativity is everywhere, losses, self-doubt, and market noise.

In this episode, we’ll uncover how to stay steady under fire, manage external and internal pressures, and turn challenges into growth.

Learn practical mindset tools to overcome setbacks, silence self-doubt, and thrive in even the toughest market conditions.

Don’t let the pressure sink your ship, master it.

Goal setting, plans, ideas, to-dos.

The end of December can become cluttered with good intentions and a big vision.

But what happens when you take things away that aren’t serving you? When you clear out the clutter and make the tough decision to only focus on the things that matter?

Just like in trading when you peel back the chart to pure price, things become more clear. You open up mental bandwidth, time and energy to move forward with the big things that have meaning.

In this episode, I look at hitting goals from a different perspective.

What's your £1,000,000 trade? One bullet, £100k, 10R... what trade would you take?

Download the Discipline Tracker > https://www.tradersmastermind.com/discipline-tracker/

Moh, a US stock day trader spent years trying to find what works for him…

He’d scan the markets, find active stocks to trade, but was always hovering at breakeven for months at a time.

His technicals were on point, but there was something missing.

Unfazed, he started to build a playbook of all his trades, logging everything he could.

That work paid off. Because Moh uncovered a common theme present in all his good trades, and so, he immediately added a new filter into his screening process.

Once that new filter was implemented he put his foot on the gas…

Now, Moh has turned the corner, breaking personal records for trade P&L, winning streaks and equity curve highs.

Even if you don’t trade stocks, this is a great conversation with a determined trader who would not give up looking for his edge.

Can you copy other traders or do you need to create your own edge?

Do you have a space to go to with no noise, no distractions and just somewhere you can think?

Find one! Because it will help your trading massively...

https://www.tradersmastermind.com/

Having a clear vision of the trader you want to become is key. Aligning that vision with your actions is even more important. Without that internal alignment you'll struggle to get traction.

As a trader should you specialise in one market or trade many?

www.tradersmastermind.com

I think we humans are hard-wired to negativity

• What’s going wrong?
• What doesn’t work?

Focusing on just the bad and not the good.

Trading is no different….

Maybe your equity curve is not where you want it to be yet, but just look at how you’ve improved… Look at the good points.

Then use that optimism as fuel…

Daily Email: https://www.tradersmastermind.com/email/

Trading Plan Pro: https://tradingplanpro.com/

Are you an over-thinker?

Do you try and get all your ducks in a row before committing to a trade?

Are you overthinking your trade management?

In this episode I talk about trade overthinking, why we do it, how it happens and share a simple (but effective) process you can use to stop you falling into that dreaded trade overthinking trap.

Sometimes we get so focused on our trading we lose perspective and misjudge the true situation. Taking a counterintuitive intentional break from the markets can clear the fog, and boost both your confidence and performance.

Overthinking kills good trades.

You’re about to pull the trigger and your mind just races with reasons why this trade might or might not work.

Worst case scenario you talk yourself out of a great trade. Only to get frustrated seeing it going your way.

Best case scenario you reluctantly pull the trigger, but are so unsure about the trade you get spooked and close the position early.

Ultimately overthinking never serves us.

In this episode I discuss a simple strategy to combat overthinking and become more decisive in your trading decisions.

We’ve all been there, your equity curve looks amazing, you feel pretty pleased with yourself, trading has been going well. But all of a sudden things take a turn for the worse. You start to drawdown heavily and you wonder what happened.

You’d give anything to get yourself back to equity highs. To get that feel good factor back.

But watch out for the trap!

That’s the fork in the road that catches most traders out.

But not you…

In this episode I discuss practical strategies to help you recover from drawdown.

Changing how you feel and react to market moves & trades takes time. We might want to 'fix' our propensity to break the rules and go on tilt immediately. This can cause us massive frustration when we don't.

"Why can't i stick to my trading rules?"

"Why do I seem unable to control my impulse to trade?"

Know that it takes time, just like conditioning your body to the cold. The first few times you do it, you can't control your response, but over time you can teach yourself how to respond.

What can you take away from your trading that will have a positive impact on Q1 of 2024?

There’s something you’re doing that is costing you money…

It could be a setup or strategy, it could be a market condition.

Identify it and remove it for an easy positive impact on your P&L.

Listen to hear how.

Check out our sponsor Darwinex Zero

Certify your track record without putting your capital at risk.

Sponsored by Darwinex Zero: Certify your track record without putting your capital at risk

Here’s the bad news: Luck plays a role in trading.

Here’s the good news: You can use luck to your advantage.

We can all fall into the ‘illusion of certainty’ trap, thinking we know what will happen with each trade.

Like it or not, luck plays a part in each trade we take.

Too much risk, plus a bit of bad luck and you are out of the game.

But can we put ourselves in a position to benefit from good luck?

Let’s explore

Every trader goes through five distinct stages on their journey, from the dopamine-fueled excitement of starting out to the crushing doubts of the valley of despair.

This episode dives deep into each stage—Uninformed Optimism, Informed Pessimism, the Valley of Despair, Informed Optimism, and finally, Achievement.

Learn why most traders get stuck in stage three, how to push through the hard part, and what it really takes to stick to a strategy long enough to see results.

If you’ve ever felt tempted to jump ship on your trading plan, this one’s for you!

Having three years or more of trading experience can be a tricky place to be.

You can have all the screen time, experience and technical knowledge, but that’s not yet translating into the results you want.

It can be very frustrating.

You feel like you should be doing better. Especially considering all the setbacks, challenges, and market beat downs you’ve recovered from…

This is another fork in the road for many traders.

Do you push on and hope things get better? or take charge of the situation and attack the root cause of stagnant trading progress?

Let’s discuss.

‘I Didn’t Come This Far To Only Come This Far’ - Tom Brady

Let’s face it, we’ve all had those moments where we’ve wanted to throw in the towel and start over.

And that’s okay!

In this episode, I’ll show you how to wipe the slate clean and start fresh - without having to burn down your trading station...

I’ll discuss practical strategies for starting over, such as reevaluating your goals, creating a new plan, and letting go of past failures. We will also explore the mental and emotional aspects of starting again, and how to develop the mindset needed for success.

Sign up for my free daily email. Designed to help you cultivate discipline, momentum, and consistency in less than 3 minutes per day. Delivered to your inbox each morning at 7.30 am.

It’s uncomfortable to think about luck in trading.

As traders we don’t like to think that luck plays too much of a role in our results.

But the good news is there are different types of luck, types we CAN influence.

In this episode, I talk about the 4 different types of luck and how you can make yourself a ‘lucky’ trader.

We’re all got something in the market that frustrates us. Something that annoys us and causes us to start trading in a way we really don’t want to.

That trigger can be a catalyst for:

• Over sizing
• Chasing trades
• Taking short term trades
• Not using a stop

And we know that cascades into an outcome we really don’t want…

In this episode I explore some of the ways you can stop yourself falling into a bad habit death spiral!

Checkout Darwinex and get 40% off your sign-up fee until the 6th of January.

How can you use your trading history to guide next year's game plan?

You’re sitting on something super valuable.

A trade history of real trades.

So?

In that history lies golden nuggets!

• What your strengths and weaknesses are.
• Your best trades, best market conditions.
• Themes of winners and losers.

And the good news is, it doesn’t take that long to do.

The ROI is potentially huge.

Check out the episode to hear the full details.

5 Simple habits, hacks, tips, tricks or whatever you want to call them!… for improving your trading.

All easy to do, super quick to implement yet very powerful.

Check out the episode.

Sponsored by Pepperstone

The market isn’t just moving, it’s setting traps, faking breakouts, and luring traders in. The best traders don’t react… they anticipate.

In this episode, we break down how to think three moves ahead, just like a chess grandmaster, so you stop getting caught in market traps and start executing with precision.

You’ve seen the guy on the golf course, new top-spec clubs, fully kitted out, gets on the first tee… shanks it!

Trading is similar.

But in trading, the ‘gear’ is knowledge.

Too many traders know much about the markets but fail to apply it…

Overcomplicating, overthinking and trying to outsmart the market each day.

Trading is not the arena to be smart. Simple, consistent execution is the key.

In this episode, I talk about how to simplify your trading. Ways to mentally unlock that urge to overcomplicate, overtrade, and overthink your trades.

Is your RvR just not cutting the mustard?

Maybe you’ve tried running your trades but you keep getting stopped.

Perhaps you’ve used tighter stops. But it’s death by 1000 cuts.

But what about a more aggressive entry?

In this episode, I discuss what it means to be aggressive and the merits of stepping into a trade at a place others would call ‘early’…

Sign up for my daily email here.

Sponsored by Pepperstone

Ever felt like you’re trading on tilt, breaking your rules, or just getting chewed up by wild volatility? What if the smartest move wasn’t another trade, but a well-timed timeout?

In this episode, I share the “Sin Bin Strategy”—a game-changing tactic that top traders use to protect capital, reset their mindset, and return stronger.

Whether you’re caught in revenge trading, struggling with discipline, or unsure how to handle market chaos, this episode will teach you how to step back before things spiral out of control.

Know when to press. Know when to pause. Most traders ignore this—don’t be one of them.

Watch your biases! Criminal or athlete?!

Certify your track record without putting your capital at risk: Darwinex Zero 

If you knew how tough trading was going to be before you started, you may never have opened that account…

All other human beings crave certainty and an easy street.

But trading is very much uncertain and tough.

And that’s why the rewards are so high…

Too often we put ourselves in almost impossible market conditions and demand we perform.

How many times have you reviewed a bad trading day only to think:

“WTF was I thinking even trading that?!”

You got sucked into chop, tried to force trades that weren’t there and paid the price…

So often we think that more discipline is the key. 

Whilst that’s true to some extent, many times we are demanding a flawless day trading performance in a choppy, directionless, low-volatility market.

In our desire to trade we neglect to identify poor trading conditions.

We try and trade those days like every other day only to get chopped up, frustrated or worse start breaking risk rules. 

This in turn sows seeds of doubt, wrecks confidence and affects future trade performance.

In this episode, I discuss tactics to ensure you are trading under the best possible conditions. 

Doing this not only gives you the best chance of growing your equity curve but allows you to improve your discipline and trading psychology in the right environment for traders.

Rishi Sunak has announced a UK general election for Thursday the 4th July

• How can traders prepare?
• And what are the best potential trade opportunities?

Stay informed by joining my daily email.

In this episode of the developing trader series I talk to DAX Day Trader Henry about his two year trading journey so far.

We discuss a variety of topics from tactical setups to mindset and trading psychology.

Including:

• Why becoming (uncomfortably!) specialised helped him get traction
• How the VWAP has become a key part of his process
• Ways to stay focused as a full time screen trader
• Framing the day type before the first trade
• The ‘less is more’ approach

Enjoy the episode. I hope you get a few nuggets to take away and implement in your own trading.

Trading on tilt is a trader's nemesis. It must be avoided at all costs! There's simply no use in working on the operational side of trading if you have a habit of occasionally going on tilt and throwing it all away.

Identify your tilt trigger, implement rules to prevent it, and work on it relentlessly.

Don't enter into negotiations with your trading chimp. Simply refuse! Take control and YOU dictate the terms. There's nothing to discuss, it's getting done...

In this episode I’m diving into some of the most common cognitive biases that can affect traders: loss aversion, confirmation bias, and familiarity bias.

First, let’s discuss confirmation bias, the tendency to seek out information that confirms our existing beliefs. This can lead to a lack of objectivity and an inability to consider alternative viewpoints. I’ll discuss ways to mitigate confirmation bias and make more balanced, unbiased decisions.

Next, let’s delve into loss aversion, the tendency to avoid losses and seek out gains. This bias can lead to poor risk management, as traders may hold onto losing positions for too long, cut winners short or be too hesitant to take on new risks. I’ll explore strategies for overcoming loss aversion.

Finally, let’s talk about familiarity bias, the tendency to favour familiar markets or strategies over those that may be less familiar but potentially more logical choices. We’ll discuss how to overcome this bias and make more diversified, well-rounded trading decisions.

Join me as I explore these common cognitive biases and learn how to overcome them to make better decisions in the markets.

The episode explores how understanding the concept of the Stockdale Paradox, named after James Stockdale, a US Navy pilot who was held as a prisoner of war in North Vietnam, can help traders achieve success.

The Stockdale Paradox is a combination of two attributes.

1. An honest assessment of the current reality
2. An unwavering belief in ultimate success.

This seemingly contradictory attitude can help you tackle the immediate road-blocks in your trading and yet stay motivated and focused on the overall vision.

How confident are you when you take a trade? How certain are you to pull the trigger? How decisive are you in taking a stop?

The software mentioned: https://tradingplanpro.com/

Sign up for my free daily email.

In this episode, I talk with developing trader Bradley Wilkinson. A day trader for 2.5 years.

After spinning his wheels and strategy hopping for months he finally found traction focusing on the opening range breakout strategy.

He specialises in trading the DAX in the morning and the S&P in the evening.

In this conversation, Bradley shares why trading the ORB was a good decision for him, his entry and exit criteria for the strategy, and what he is working on now.

If you are a developing day trader, this one’s for you.

As a trader, your biggest battle isn’t against the market, it’s against your own brain.

In this episode, we dive deep into the psychological traps that can sabotage your trading decisions, from anchoring on trades to succumbing to FOMO.

Learn how cognitive biases like loss aversion, overconfidence, and confirmation bias work against you—and, more importantly, how to outsmart them.

Packed with actionable strategies, this episode will help you turn your psychology into a competitive edge.

Sharpen your trading edge: https://www.tradersmastermind.com/

Here’s a neat trick to help you shift quickly into the right mindset for trading…

Have you ever taken a trade on impulse? Of course you have! You are human, that's the way we are wired...

The good news is you can rewire your mind NOT to react to impulse.

Too often we see a chart, make a judgement and before we know it dive into a trade that we didn't really want.

In this episode I discuss ways to control your impulsive trading and have a laugh at some of my old trading journal entries from 2002!

Proudly sponsored by Pepperstone

You’re up big on the day… now what?

Do you keep pushing, or do you lock in profits before the market takes them back? In this episode, I dive into one of the biggest dilemmas for day traders: managing intraday gains without sabotaging your confidence.

I’ll share practical strategies for setting high-water marks, trailing intraday stops, and deciding when to step away. If you’ve ever felt the frustration of giving back hard-earned profits, this episode is a must-listen.

•  When to keep your foot on the throttle
•  The psychology of giving back profits
•  Setting smart intraday loss limits
•  How to balance P&L optimisation with mindset stability

Tune in and refine your game! 

Get my daily email: tradersmastermind.com/email

If you’ve been trying the same thing for many months or even years, maybe you need to pivot, adjust, and try something else.

Bridging the gap between your trading knowledge and results is often the missing piece of the puzzle.

You have all the technical ability and a deep understanding of the markets but transferring that to a workable and effective strategy can be tough.

In this episode, I discuss a multi-step process for discovering a trading strategy that suits your trading style and personality.

A structured method to help fill the void between trading knowledge and results.

Sponsored by Darwinex Zero: Certify your track record without putting your capital at risk.

Making good trading decisions is not easy. Humans are hard wired with various biases to overcome.

• Loss aversion
• Confirmation bias
• Recency bias
• Hindsight bias
• Anchoring bias

All present challenges.

All make life tough for an active trader!

Let’s explore…

Anticipating vs reacting. Think of how many sports where players seemingly 'know' where the ball will be. They aren't reacting to the ball, they are anticipating and making minor adjustments.

Trading is a lot like this, reacting to market moves will forever have you chasing your tail. Anticipating, allows you to structure a trade idea, execute calmly and build confidence.

Join Peter and Mark as they dive into the transformative journeys of traders in the 30-day accelerator program.

Hear about the biggest challenges traders face and how we’re fixing them. Discover the one game-changing tweak Peter made to turn a struggling trader around and learn why having the right plan can make all the difference between winning and losing in the market.

We’re halfway through the 30-Day Trading Accelerator, and it’s time to pause and reflect.

In this episode, I’ll dive into the biggest breakthroughs, lessons learned, and challenges faced so far.

Whether you’re following along or curious about the journey, join me as I share insights from the midpoint of this transformative trading experience.

Are you persistent, or are you what Albert Einstein would call insane?!

Sponsored by Darwinex - Powering trading talent and connecting it to investors

In this episode I talk with Juan Colón, the CEO of Darwinex.

He shares:

• What it takes to be a super successful trader
• The one metric that almost guarantees failure and how to avoid it
• How Darwinex is solving the lack of capital problem for many traders
• His vision for the future
• Risk, mindset, self awareness, and much more

Enjoy this one…

It happens to us all…

A string of losing trades that make you look worse than a random coin flip.

And that stings…

Underperforming a coin doesn’t bode well!

But, it WILL happen and it’s normal.

There are times when every single trade you take will be a loser, and it leaves you wondering how that is even possible?!

There’s a key to this, let’s explore.

Have you ever read a non-trading related book and thought? “That has so many parallels with trading, I’m so glad I read that”

Yep, me too.

Often when we read something unrelated to trading, it changes the way we view ourselves and the market for the better.

In this episode, I share a handful of non-trading-related books that I’ve really enjoyed and that have had a positive impact on my trading.

Maybe you can put a few on your list for Santa Claus.

Opening Range Breakout Engine: tradermastermind.com/orb

I like tech and I like trading.

So of course I love any technology that folds into trading.

But there’s a problem.

Leverage on it too much and you start to lose your ‘traders feel’.

In this episode I discuss how I approach tools and trading technology and share my method for cultivating that discretionary traders edge in a world full of algos and code.

In this episode, I talk about how you can use visualization to improve your trading.

Visualization has been around for decades in the sports world.

From Muhammad Ali to Tiger Woods, athletes have been using it to consistently improve performance for years.

So why not use it in your trading?

• Eliminate rule-breaking behaviour in the heat of the moment
• Imagine the goal of the trader you want to become
• Mentally rehearse specific trading plays and scenarios

Resources :

https://www.psychologytoday.com/gb/blog/flourish/200912/seeing-is-believing-the-power-visualization

Trading’s a pretty unique business…

No staff, customers or huge overheads. But the potential to grow exponentially.

Pretty good.

But can we learn anything from the traditional business world? 

What strategies and tactics can we model and deploy in our own trading?

In this episode, I discuss different ways to think about your trading business and how to use some of the traditional business world tactics in our unique sector.

PS: Have you signed up for my daily email yet? 

It’s designed to help you cultivate discipline, momentum and consistency in less than 3 minutes per day.

In this episode, I talk to the Options Athlete. So-called because he grew a modest five-figure account into mid-size figures within a year trading weekly options on Tesla.

But as the market regime changed he gave most of it back when aggressive momentum style trades simply weren’t working.

Determined that wouldn’t be the end of the story this trader has worked diligently on his strategy and mindset over the past 18 months. Looking to build a robust method and trading psychology that stands the test of time and can take him past his old equity highs and into new territory.

But of course, the journey is tough and the road is filled with obstacles…

We discuss a variety of topics including:

Then:

• His journey so far and how he made such a huge return so quickly
• How losing money affected him mentally
• What he did to dust himself off and get back into the markets

Now:

• Dealing with impulsive trading
• Trading the open
• Tactical ways to improve
• Regime change
• Trading large size
• Focusing on the losers
• Structuring the trade

Finally, we agree on the tactical steps he will take to improve his trading.

We’ll be following up regularly with this trader over the next few months so look out for part 2!

In this episode, I explore the strategies of the most influential trader in the S&P pit. 

The “number one local”

We'll delve into:

• How he pinpointed lucrative trading opportunities
• His tactics for trapping other traders
• The skill of knowing when to exit a losing position
• His remarkable ability to push aggressively when a trade was successful

And generally what we can learn as screen traders from this big hitter…

If you love the markets and all things trading I know you’re going to enjoy this episode!

Join 5,000+ traders who subscribe to our Traders Mastermind daily email. Designed to help you cultivate discipline, momentum, and consistency in less than 3 minutes per day.

Working on both your trading mindset and trading strategy in parallel is the key to quick growth.

https://www.tradersmastermind.com/

"Surround yourself with those on the same mission as you"

Proudly sponsored by Pepperstone

What if ChatGPT could be your personal trading mentor?

Most traders don’t know what they don’t know… and that’s what holds them back.

But what if AI could analyse your trading, uncover hidden weaknesses, and hand you personalised insights that could change your game?

In this episode, I share a step-by-step framework to:

•  Train ChatGPT to understand your trading style, challenges, and goals
•  Get powerful insights tailored to your experience
•  Identify blind spots that are costing you money
•  Use AI as a trading mentor to refine execution, strategy, and mindset
•  Ask next-level questions to sharpen your edge faster

If you’re serious about levelling up your trading with AI, this episode is a must-listen. Let’s unlock your edge.

Trading is tough, doing the right thing in the heat of the moment is not easy. It's a muscle, a habit that needs to be practised.

Build the muscle outside of trading by picking something tough and doing it for 10 days.

Train your mind to overcome impulse and align your actions with your long term vision.

Intuition or feel is the glue that hold together strategy, risk management, and discipline. But can you learn it?

In this episode Gregor and I discuss the challenges he needed to overcome to post his first ever green year as a day trader.

Including:

• Why he chooses to day trade the DAX exclusively
• Not trading the open
• Gregor’s golden Friday rule
• Hacks to fix his trading discipline
• Gregor’s favourite trading setup
• Charts and indicators
• Oh and an expensive trip to the toilet…!

If you’ve been trading for a while and aren’t quite where you want to be yet, then this one’s a must listen.

Become a member 

Trading Plan Pro

P&L is a trap, it diverts you attention away from what matters. Price.

It’s like a seductive mistress that can draw you in to taking actions you’ll later regret!

So what do you do?

In this episode I talk about techniques you can deploy to help manage your trade without looking at or being seduced by P&L.

If you snatch at profits and can’t seem to hold a trade, this will help!

Sponsored by Pepperstone

Most traders focus on the wrong thing—chasing results instead of developing the skills that create them.

In this episode, we break down the key trading skills you need, how to build them in the right order, and why a structured approach leads to long-term confidence in the markets. Whether you’re just starting out or refining your edge, this is your roadmap to becoming a trader who can handle any market condition.

Not signed up for my daily traders email yet? Click here and join the club.

In this solo episode, I share a step-by-step process for improving your discipline.

• If you struggle to stick to your plan rules
• Find yourself overtrading
• Take substandard trades
• Or are generally frustrated with the ‘human’ side of trading

Then this will get you on the right path.

Follow the steps I share and see the change in 5 days or less…

Sponsored by Darwinex Zero: Certify your track record without putting your capital at risk.

We’re all guilty of trying to be too smart…

Attempting to catch every weave and turn of the market, selling highs, buying lows, breakouts, and taking counter-trend trades.

Trying to do everything in one day and getting no real results.

But what if you could identify the one big idea for the day?

Get good at spotting the biggest play for the day and then positioning for that?

Let’s explore how…

Get my 3 minute daily email. Designed to help you cultivate discipline, momentum and consistency. 1% better each day.

https://www.tradersmastermind.com/

“The grass is always greener on the other side”

Never a truer word has been spoken in trading!So many traders are seduced by the latest big thing, a strategy, a market a methodology. (guilty!)It may have merit, and it may well find a way into your trading edge at some point.

But fix the holes in your trading business first…

Adding another thing to master and learn just takes away from what you are working on.

Be strict with yourself.

Collect all the info and resources, then shelve it for a later date. No distractions or backsteps.

You’re already on a mission, don’t let yourself be derailed.

Our instinct as traders is to look for the answer to a challenge by adding something. An indicator, a line or a rule.

Often the answer is in removal, stripping back to almost nothing. Getting crucial momentum with easy wins before tackling the real challenge.

Are you adapting your trading, or is that just a nice way of saying you are breaking your rules?!

Join me: tradersmastermind.com

You can do all the prep.

Learn all the trading tactics and hacks to make things easier.

But at some point, it’s you making the decision.

Do I take this trade or not…

Do I close my position…

Do I walk away…

Every single trader on the planet is faced with the same decisions.

And how you respond to those decisions is up to you.

Take the win, or take the loss.

It’s your choice.

In this episode I talk about grading your trades.

Separating your trading setups and strategies into segments gives you a new dimension of flexibility in your trading.

You can:

1) Deploy a more informed dynamic position sizing strategy

2) Stay clear of weaker trade ideas in poor conditions

3) Better allocate focus and screen time

4) Become more confident in your ideas and strategy library

So how do you do it?

Listen to find out my thoughts.

As a day trader you might often think “what’s the point of looking at the daily chart?”

Reasonable question.

Does it really matter what the daily is doing if you’re taking intraday positions?

It matters a lot…

And in this episode, I share two valuable (and unique) ways you can use the daily chart to improve your day trading decisions.

Check out the website: https://www.tradersmastermind.com/

Trading is tough, but you don’t need to play the game on hard mode. Sadly there’s not an ‘easy’ option, but you can give yourself a better chance to win…

In this episode, I discuss what I believe it takes to become one of the few winners and the steps needed to get you there.

Sometimes to get what we want, we have to take a bit of a detour. We might not even like where that detour takes us... But with our eyes on the bigger goal we can accept going off course in the short term.

Spread Bet with the #1 Trading Platform Provider

Sharpen your edge: https://www.tradersmastermind.com/

Let’s get smarter about stops.

• How can you avoid always getting pinged out?
• The death by a thousand cuts syndrome?
• Or getting stopped only to see a trade go in your favour…

There’s no silver bullet of course but let’s look at smarter ways to think about risk management and stop losses.

Join me: tradersmastermind.com

We’ve all been there.

The market looks good, price is lining up with what you want.

• Context - Check
• Daily chart - Check
• Pattern - Check

This trade is a ‘grade A’ beauty!

“Let me just wait for this perfect trigger, I just want to check this, maybe that should line up to be really perfect”

And then you miss it…

In this episode I discuss the damaging habit of talking yourself out of trades.

I share my approach to filtering the best trades, yet accepting imperfection.

Where it does and does not matter.

Trading Plan Pro: https://tradingplanpro.com/

Free daily email: https://www.tradersmastermind.com/email/

In this episode I talk to Matt Cowley, a trader who specialises in the S&P500. Trading for the first two hours only.

Matt has developed a method and approach that’s very personal to him, including creating trade setups with unusual names like ‘U-boat’ and ‘Stone Bonker’.

Now finally getting some consistency, Matt shares his trading journey, his current methodology, and lessons learned so far.

As a default, humans are pretty bad traders!

We are hard-wired to do everything wrong in the world of trading.

• Holding losers
• Cutting winners
• Emotional outbursts
• Impulsive trading
• Lack of patience

The list goes on…

It can take a while to unlearn everything that may have served us in the world outside of the trading arena but hinders our progress when dealing with fast-paced risk-based decisions (Day trading).

In this episode, I discuss what I believe are the 3 big focus areas that can ignite your trading results.

As traders we can fall into the trap of driving our trading business by looking down the bonnet (hood for my American friends!)

This might stop you from crashing, but are you really going to get to where to want to go if you don't look up?

Spread Bet with the #1 Trading Platform Provider

Sharpen your edge. Join Traders Mastermind.

Struggling to pull the trigger when you see a setup?

Pausing for a moment only to see price run away from you?

In this episode, I cover tactical ways to smash hesitation for good.

Learn to execute with clarity, confidence, and certainty.

Frustrated with your trading progress? You’re not alone.

In this episode, we unpack the truth about frustration, it’s not your enemy; it’s your greatest teacher.

Inspired by a powerful note from Tim Ferriss’s coach, we explore why frustration is an essential part of mastering any craft, including trading.

Learn how to reframe setbacks, build patience, and thrive despite challenges.

Whether you’re dealing with losing streaks, overtrading, or plateauing performance, this episode will help you shift your mindset and stay the course.

Happy New Year. What are you pushing to achieve in 2022?

Join me: https://www.tradersmastermind.com/

OODA is a concept developed by military strategist and USAF Colonel John Boyd.

It’s a decision making process what allows you to constantly recalibrate to ever changing conditions.

1. Observe
2. Orient
3. Decide
4. Act

But how can we use the OODA loop in our trading?

Let’s find out…