Tradinglife With Brad Jelinek

I talk about the mindset when you need a good trade and the difference between a positive and a negative mindset to accomplish that. --- Send in a voice message: https://anchor.fm/brad-jelinek/message

I discuss how I manage my risk with stop orders. --- Send in a voice message: https://anchor.fm/brad-jelinek/message

The title says it all today. --- Send in a voice message: https://anchor.fm/brad-jelinek/message

A few details on my website going down and where you can listen online. Then we get into judging yourself based on what you were trying to accomplish versus what you used to be doing and the important distinction between them. --- Send in a voice message: https://anchor.fm/brad-jelinek/message

We talk about struggling after a nice run and what you can do about it.

I give an example of how to build your trading network through somebody I’m currently working with. I also discuss why it’s so important and a few tips you can use to do it for yourself.

I discuss the balance between being an old trader while also listening to new traders. We also get into making sure you keep fresh ideas when things change versus protecting a character that doesn’t need protecting.

I discuss a little bit about what I’m trading now and then we get into the stories we tell ourselves and how they can build a character that we try to protect, which may not be helping us grow. I have learned this in my transition to try to trade a little bit of a longer time frame and how I was leaving behind a lot of what I was best at. I’m now learning to integrate it all together...it’s only taken 20 years;)

I talk about how I felt after taking a rare week off. It ended up being pretty uncomfortable but two things stood out.

I talk about different strategies to use when your trade stops working.

I get into detail about how to manage your trading size when what you were doing no longer works and you have to adapt to a different market.

I answer three of a listeners questions. Do discretionary traders have an edge? Should I stick with what I understand or pick something that fits my hours? If I’m struggling is it a poor choice of markets or is it me?

I cover a lot of different topics on this episode. I discuss the anguish of selling too soon. I talk about dealing with conflict in voices in your head. I also talk about the current extreme political and social landscape and how it relates to the market. And we talk about exercise.

I talk about changing my physical workspace as well as a meditation technique that is helping me create systematic behavioral change.

I talk about a concept from a book I’ve enjoyed that helps me create systemic behavioral change while maintaining some mental sanity.

There could be some stupid news at play here, I talk about redistricting and common first order thinking.

Being disgusted is not necessarily a pleasant emotion, but sometimes, used to the right way it can help your trading.

I talk about the energetic price to pay for chasing what is currently working but may not be aligned with where you want to go. Should you do it? The answer is maybe it depends.

You may spend 90% of the time in a parade going 5 mph and only 5% of the time parked and the last 5% of the time kicking ass on the highway. Learning this balance is very important to your trading success.

I talk a little bit about a new strategy I’m working on.