It has been a while since I posted a piece on trading psychology but I have been experiencing some issues in my own trading recently that I wanted to discuss.
I wrote an article in early October about the challenges of finding a trading system that balanced a purely mechanical approach with a discretionary one. At the time [...]
Leaving the Attic
MoneyShow Video Network – AtticManTrader Live
The World Money Show in London in late October gave me an opportunity to do some stuff I’ve never done before. As well as being involved in some great discussions on trading, I was also invited to take part in a couple of video interviews.
In this video I discuss the importance of keeping a trading journal [...]
The evolution of a trader
Much has been discussed about the stages that a typical trader will encounter as they progress on their journey to profitability. I’ve been through a number of these stages as I am sure you have. At every stage along the way (until you reach Stage 5), there is a likelihood that your journey will end. [...]
Money & Risk Management Strategies
I’ve received a number of questions recently about my money management strategy and although I’ve posted articles on this before I thought a quick post summarizing my strategy and how that relates to my profits would be useful.
My trading account (The AtticFund) is a £10k fund. I call this £10k my Base Equity @ Risk [...]
If trading is 90% psychology – Lets prove it!
Talk to any successful trader and they will tell you that trading is 90% about discipline and 10% about stock selection.
Look on the Internet for advice about trading and 90% of the websites you’ll find are selling stock selection systems while only 10% talk about trader discipline.
Something seems wrong – Why so much focus on [...]
Bored of trading? – Time to refocus on Trading Disciplines
Part of the trading journey is in understanding and dealing with your own mind. Personally I go through periods when I simply lose interest in the markets.
In this post I will identify those reasons and develop a strategy for dealing with these reasons in an attempt to ensure they do not affect me for too [...]
Dealing with Subconscious Profit Protection Syndrome
or ‘ceasing to trade after a period of success’
The AtticFund has an ‘ok’ start. Up 7.7% after 6 weeks. It’s not bad and its not great.
But I find myself in a ‘mental place’ that is preventing me from getting invested. There are a number of reasons for this.
1) I’m protecting the profit
2) I’ve booked some [...]
AtticManTrader – has he stopped trading?
It would appear that activity in the Attic has dwindled to a standstill!
No blog posts since 10th May and no trades since the 5th May!
There are two reasons for this lull in activity.
1) After a period of relative success, I find I subconsciously protect my account by reducing my trading activity – I call this [...]
Do you have the mindset of a Pro or Amateur Trader?
As we progress along our journey toward being successful traders, we often find the biggest issue we have to deal with is ourselves.
This is not a profound statement – anyone who studies trading is forever being reminded that trading is ‘20% about the system and 80% about the mind‘ And yet how many aspiring traders [...]
Swine Flu – A traders view
This time last week, I’d never heard of Swine Flu and now I can’t open a paper, watch a TV show or read an Internet page without being told how I ‘must wash my hands after a handshake’ to prevent being taken out by this deadly beast.
I’m not here to talk about the medical, moral [...]
