Trading Is Like Gambling—But Only If You Trade the Wrong Stocks
Navigating the stock market can feel a lot like walking into a crowded casino. There’s constant activity, flashing lights, noise from every direction—price action mimicking the chimes of a hundred slot machines. Each opportunity appears enticing, every chart flicker suggesting the possibility of profit. But just like in a casino, the reality is this: the […]
Why Edge Matters: The Hidden Force Behind Consistent Trading Profits
Have you ever stopped to consider why casinos always seem to win in the long run? That phrase—“the house always wins”—isn’t just a catchy saying; it’s rooted in statistical reality. Casinos structure their games with a built-in advantage, known as positive expectancy. Over time, this small but consistent edge ensures that the odds favor the […]
How to Find a Trading Mentor Who’ll Actually Help You Succeed
I can say without hesitation: I would not have made it as a trader without the mentorship I received early on in my career. At Trillium, I had the rare opportunity to be guided nearly every day by one of the most successful traders in the firm’s history. He didn’t hold anything back — his […]
Why Every Serious Trader Needs a Ritualized Daily Routine
If you study elite performers in any field, you’ll quickly realize something they all have in common: rituals and systems that support peak performance. Whether it’s Kobe Bryant shooting in the gym at 4 AM or Steph Curry’s meticulous pre-game warmups, greatness is rarely an accident. These athletes don’t just show up and wing it—they […]
The Overlooked Key to Trading Success: Your Environment
In the world of trading, it’s easy to become consumed by strategy, timing, and market analysis. These elements certainly matter—but there’s another factor that’s often underestimated and just as critical: your environment. James Clear, the author of Atomic Habits, dedicates an entire chapter to this idea, stating, “Environment is the invisible hand that shapes human behavior.” […]
The Daily Report Card: A Game-Changer for Traders
As a trader, it’s easy to get lost in the whirlwind of market movements, and it’s common for many traders to experience frustration when they feel like they’re stuck in a loop of making the same mistakes. If you’re a trader, does this sound familiar? You find yourself unsure of where your focus should be, […]
The CNBC Heuristic: A Simple Yet Powerful Trading Strategy for Day Trading
When it comes to breaking news in trading the financial markets, one of the most important things I’ve learned over the years is how to quickly assess the potential impact of a headline. While I’m most commonly recognized as a capitulation trader, much of my trading strategy revolves around reacting to breaking news. It’s a […]
The “Key Metric” Heuristic: A Rule of Thumb for Fundamental News
Let’s be real for a moment: most of us, as individual traders, aren’t experts in any single stock. We’re not sitting in front of an elaborate financial model, carefully calculating the precise fair value of a company. That’s a game for the big hedge funds with their sophisticated tools and vast resources. For us, the […]
Common Heuristics of Elite Traders
In the world of trading, where every decision can make or break your strategy, the ability to make quick, effective choices is paramount. But how do top traders consistently make sound decisions under pressure? The answer often lies in the mental shortcuts they use—known as heuristics. If you’re unfamiliar with the term, don’t worry; I’m […]
The Right Side of the V: A Game-Changer for Traders
One of the biggest breakthroughs in my trading career came when I deeply internalized a deceptively simple yet powerful concept: the right side of the V. This idea, which has resonated with thousands of traders, emphasizes that the same price does not always equate to the same expected value (EV) at different moments in time. […]
