In this episode of the Traders Improved Podcast, we tackle a question many traders face: When does a trading strategy lose its edge, and what can you do when it does? With markets constantly changing—from economic crashes to normal daily volatility swings—staying profitable requires adaptability. We explore the key differences between static, rule-based systems and flexible, adaptive strategies, helping you decide which approach suits you best. I’ll also break down three actionable strategies...

In this episode of Traders Improved, we explore how traders can distinguish between "good losses" and "dumb losses," adopt a process-focused mindset, and reduce unnecessary risks. We learn actionable strategies for evaluating trades, setting realistic goals, and limiting external influences to build resilience and smarter trading habits.   ################ My newest trading program is now open for enrollment. The Tradecademy includes a brand new trading course with over 80 videos., a private...

In this podcast, we had the pleasure of talking to Steven Goldstein from Alphaminds. Steven is a top coach in the financial markets and he has worked with hedge funds, investment banks, asset managers, prop firms, traders and other leaders. He also has nearly 25 years as a trader at leading investment banks. His expertise in market dynamics and human performance empowers traders to achieve transformative growth and success.   Links to Steven's work Twitter: https://x.com/AlphaMind101 His...

In this podcast I discuss how to find the optimal trading strategy for a beginner and what to look for in your first trading strategy. At the end I also provide some tips on how to start your trading journey and discuss the imporance of demo trading, backtesting, and when to go live.   ################ My newest trading program is now open for enrollment. The Tradecademy includes a brand new trading course with over 80 videos., a private community, direct mentoring from me (Rolf), live...

Links to Dr. Steenbarger's work ► His blog: https://traderfeed.blogspot.com/ ► Radical Renewal: https://leadingrenewal.blogspot.com/ ► Twitter: https://x.com/steenbab   ► Get Edgewonk 3: https://edgewonk.com/ ► All supported platforms: https://edgewonk.com/import/   Edgewonk is an online trading journal that allows you to easily record your past trades, learn about your trading mistakes, analyze your trading performance and optimize your behavior to improve your trading performance. The...

Discover the "Trifecta of Profitable Trading" and learn how to set up your trading for success! This podcast dives into 3 crucial aspects: Risk-Reward Ratio, Win Rate, and Risk Management. You'll learn why focusing on high WR can be a trap, and how to develop a probabilistic mindset for trading. We'll also explore position sizing strategies to safeguard your capital and avoid emotional trading decisions. Master these 3 and watch your trading journey take off!   Article I mentioned: How To Use...

It is impossible to rank the ten listed habits and tips in order of importance. Ideally, a trader can cultivate most of the trading habits listed in this podcast. However, you also do not want to overwhelm yourself by trying to fix everything at once. Instead, pick one to three and work on them with focus for a few weeks to build momentum once you start seeing results. Over time, you will be able to change your trading for the better.   ################ My newest trading program is now open...

The Tradeciety Traders Improved podcast is back! From now on you can expect new, weekly podcast episodes again.  In this week's episode, I talk about overtrading and provide 10 tips on how to beat over trading.    ################ My newest trading program is now open for enrollment. The Tradecademy includes a brand new trading course with over 80 videos., a private community, direct mentoring from me (Rolf), live webinars and other...

In this episode, we sit with Constantin, an independent trader with over 20 years of trading experience. He is a multiple 6-figure funded trader, an expert in everything funding challenges and we chat about his experiences with regards to becoming a funded trader. Find Constantin on Twitter: https://twitter.com/tradebln    ################ My newest trading program is now open for enrollment. The Tradecademy includes a brand new trading course with over 80 videos., a private community, direct...

In today's episode, we'll explore how the choices we make in what we consume - both physically and mentally - shape our lives.   ################ My newest trading program is now open for enrollment. The Tradecademy includes a brand new trading course with over 80 videos., a private community, direct mentoring from me (Rolf), live webinars and other perks: ► https://tradeciety.com/academy   ################ Edgewonk trading journal: ► https://www.edgewonk.com  *** use discount code:...

Remember when you started trading and it was all new. A whole new world opened up in front of you with opportunities and endless possibilities. This is the honeymoon phase and every day you learned something new and it was all exciting. But then, reality settled in eventually – usually after a few months. And that’s where traders realize that trading is harder than it seemed at first and that becoming a professional trader requires more time and effort than initially...

When you believe you're inherently bad at something, it shapes your actions. If you think you're bad at math, you might not study hard enough or pay attention in class, leading to poor grades, which then reinforces your belief about yourself and your skills. This is a self-fulfilling prophecy rooted in a fixed mindset, which implies that our abilities are static. But is that really the end of the story?   ################ My newest trading program is now open for enrollment. The Tradecademy...

In trading, unforced errors refer to avoidable mistakes made by traders, not due to market forces but because of their own decisions or oversights. These errors include taking excessive risks, violating established trading rules, ignoring important market news, and making emotionally driven decisions like exiting a trade prematurely. Such errors often stem from a lack of discipline, inadequate risk management, absence of a trading plan, insufficient research, or emotional biases. Reducing...

Let me share the 10 best money habits for traders in this podcast episode.   ################ My newest trading program is now open for enrollment. The Tradecademy includes a brand new trading course with over 80 videos., a private community, direct mentoring from me (Rolf), live webinars and other perks: ► https://tradeciety.com/academy   ################ Edgewonk trading journal: ► https://www.edgewonk.com  *** use discount code: tradeciety ***   ################ ► Risk...

In this episode, I share my recent personal journey and explain the process that helped me establish better routines to improve my results.    ################ My newest trading program is now open for enrollment. The Tradecademy includes a brand new trading course with over 80 videos., a private community, direct mentoring from me (Rolf), live webinars and other perks: ► https://tradeciety.com/academy   ################ Edgewonk trading journal: ► https://www.edgewonk.com  *** use discount...

What does it take to become a successful trader? Having mentored traders for the last 8 years, we have seen a lot of traders come and go. But we have also seen similarities among the traders that have shown great progress. This is why we have compiled the eight steps that traders have to go through in order to improve their trading and, hopefully, start making money.   ################ My newest trading program is now open for enrollment. The Tradecademy includes a brand new trading course...

A feedback loop helps you grow from your mistakes and helps you find opportunities to become a better trader.  A feedback loop has 5 parts: 1. Execution 2. Monitoring / Data gathering 3. Evaluation 4. Adjustment 5. Repeat     ################ My newest trading program is now open for enrollment. The Tradecademy includes a brand new trading course with over 80 videos., a private community, direct mentoring from me (Rolf), live webinars and other...

When it comes to trade entries, traders are usually struggling with early or late entries. In this podcast, I provide tips on how to improve your trade entries.    ################ My newest trading program is now open for enrollment. The Tradecademy includes a brand new trading course with over 80 videos., a private community, direct mentoring from me (Rolf), live webinars and other perks: ► https://tradeciety.com/academy   ################ Edgewonk trading...

In this podcast, I identify things and activities in your trading that are objectively good for your overall development as a trader. What are the things that ALL traders will agree are beneficial for your trading!?     ################ My newest trading program is now open for enrollment. The Tradecademy includes a brand new trading course with over 80 videos., a private community, direct mentoring from me (Rolf), live webinars and other...

A psychological bias is like a mental shortcut or a pre-programmed response that our brain uses to help us make decisions faster. It's often based on our previous experiences, beliefs, and assumptions. Biases help us make sense of the world around us and respond quickly, especially when we have incomplete information, or when dealing with too much information to take everything in. However, these biases aren't always accurate and can sometimes lead to errors in judgment. Most times, they can...

Now that I am approaching 40, I asked myself what I would tell my 20 year old self that wanted to get into trading.  In this podcast, I share my thoughts and provide some practical tips for young traders.   Timestamps from the episode: 0:00 Start 0:22 You have time 1:46 Play the long game 4:06 Realistic expectations 5:50 Are you a day trader or a swing trader 8:07 Good habits, backtesting, journaling 10:09 Demo trading 11:15 Position size 12:58 Get an education 15:04 You can have a part-time...

In this episode, I talk about the seven most important character traits for aspiring traders. I also provide practical tips for each of the seven points that can help you in your trading.   ################ My newest trading program is now open for enrollment. The Tradecademy includes a brand new trading course with over 80 videos., a private community, direct mentoring from me (Rolf), live webinars and other perks: ► https://tradeciety.com/academy   ################ Edgewonk trading...

Most traders know that they need to have a trading strategy that "fits them personally" in order to execute it with confidence. But how to actually tailor a trading system to your own needs if often unknown.   ################ My newest trading program is now open for enrollment. The Tradecademy includes a brand new trading course with over 80 videos., a private community, direct mentoring from me (Rolf), live webinars and other...

To help you with an overview of the 9 points I discuss in the podcast, here are the principles: 1. Don´t system-hop 2. Learn position sizing 3. Have an exit plan for every trade 4. Rules: a trade is more than an entry only 5. Analyze your trading every week 6. Learn to lose 7. Trade only when everything looks perfect 8. Play the long-game 9. Take trading seriously   ################ My newest trading program is now open for enrollment. The Tradecademy includes a brand new trading course with...