It can be hugely beneficial to understand what type of trader you are. But if you are a new trader and don´t lack the awareness to truly understand your trader type yet, we can get to know ourselves by looking outside of trading. For example, by looking at your gamer type, we can pretty accurately estimate our personality type and identify our strengths and weaknesses. This leads to some interesting observations and helps us improve our approach to trading.     The podcast I was referring...

Implementing long-term habits and trying to change your life for the better can seem such a daunting task. Because it is. In this podcast episode, I want to introduce a more fun approach to improving your trading over time. I share my favorite approach that I use in my trading and outside of my trading to have fun with creating better habits and trying new things out.   ################   My newest trading program is now open for enrollment. The Tradecademy includes a brand new trading course...

Going from losing to profitable trader is often surprisingly simple.  In this podcast episode, I explain how avoiding big losses is usually the fastest way of turning your trading around.   ################   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...

Do you set yourself goals, but the first time you break your rules and deviate from the plan, you throw all good intentions out the window and forget about your goals? I think this is a common phenomenon and I have been struggling myself with it personally. I want to share my thoughts on this important topic.   ################   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...

Do trading strategies work forever? Or is there a time when a trading strategy stops working? In this episode, I share my own experiences and thoughts on the topic.   ################   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...

The trading question that I get asked the most is: what is the best timeframe? Although it´s a very important one, there is much more to this question than first meets the eye. In this podcast episode, I break down the question into two parts and share my thoughts on it.     Do you want to get more trading tips and insights from me? Then take a look at my weekly trading newsletter which I am sending out every Thursday: ► https://tradeciety.com/newsletter   ################ Our premium trading...

Today, I am going over some of the most popular trading advice and trying to distill practical and helpful trading advice that you can apply in your own trading right away.   Do you want to get more trading tips and insights from me? Then take a look at my weekly trading newsletter which I am sending out every Thursday: ► https://tradeciety.com/newsletter   ################ Our premium trading offers:   Our new mentoring program for traders: ► https://tradeciety.com/academy   Edgewonk trading...

Trading can be frustrating at times. But there are some great techniques and mindset hacks that you can use to overcome challenges and become a stronger and more resilient trader.   Do you want to get more trading tips and insights from me? Then take a look at my weekly trading newsletter which I am sending out every Thursday: ► https://tradeciety.com/newsletter   ################ Our premium trading offers:   Edgewonk trading journal: ► https://www.edgewonk.com  *** use discount code:...

In today´s podcast, I discuss the important questions of whether trading, and especially Forex trading, will go away. My goal is to provide a different and honest perspective to help you make the best decision going forward in your journey as a trader.     Do you want to get more trading tips and insights from me? Then take a look at my weekly trading newsletter which I am sending out every Thursday: ► https://tradeciety.com/newsletter   ################ Our premium trading offers:   Edgewonk...

In this podcast, I break down a 5 step process that will help you make progress in your trading journey. Step 1: Avoid big losses  Step 2: Complete trading rules Step 3: Discipline holds everything together Step 4: Confidence through work Step 5: Expectation management   Do you want to get more trading tips and insights from me? Then take a look at my weekly trading newsletter which I am sending out every Thursday: ► https://tradeciety.com/newsletter   ################ Our premium trading...

A trader who can truly accept losses has a much higher chance of making it. Traders who cannot take and/or accept losses will trade in a constant state of fear. They will doubt their system and trade emotionally all the time. In this podcast, I share why it is so important that you as a trader fully accept losses as something normal that should not (and cannot) be fought.   Do you want to get more trading tips and insights from me? Then take a look at my weekly trading newsletter which I am...

Many traders try to run before they can walk. In this podcast, I explain why it is so important to build a strong foundation and work on your trading basics first before getting into the nitty gritty.     Do you want to get more trading tips and insights from me? Then take a look at my weekly trading newsletter which I am sending out every Thursday: ► https://tradeciety.com/newsletter   ################ Our premium trading offers:   Edgewonk trading journal: ► https://www.edgewonk.com  ***...

How you create a good trading strategy in 10 steps: Think about the idea and premise of your setup (trend following, breakout, reversal, day trading, swing trading, etc.) Write down some basic rules for entry, stop, target Find 10 - 20 screenshots of the perfect trades based on the previous rules and premises Analyze the collected screenshots and write down what they have in common Update your rules from step 2 and get more precise based on steps 3 and 4 Now do a backtest and find at least...

Backtesting and deep chart work are probably the best use of your time as a trader. Backtesting really helps you improve your pattern recognition in a short amount of time.  You will also get to learn your trading strategy intimately and your confidence will improve.      Do you want to get more trading tips and insights from me? Then take a look at my weekly trading newsletter which I am sending out every Thursday: ► https://tradeciety.com/newsletter   Every Tuesday I also release a new...

In this episode, I share 11 insights that I gained after watching the Netflix series BreakPoint which follows some of the best tennis players through the most important tennis tournaments. I found the insights some of the top players share super interesting and highly applicable to trading.       Do you want to get more trading tips and insights from me? Then take a look at my weekly trading newsletter which I am sending out every Thursday: ► https://tradeciety.com/newsletter   Every Tuesday...

In this episode, I am going through two very helpful mindset hacks that can make a huge difference in your trading. I am also sharing a little bit about my personal routine and what has helped me.   I also mentioned the new weekly trading newsletter that I am sending out every Thursday. You can sign up here for free: ► https://tradeciety.com/newsletter     ################ Our new mentoring program for traders: ► https://tradeciety.com/elite    My trading course...

Last week, I tweeted a poll on my Twitter account (https://twitter.com/Tradeciety) and I gave traders the choice between three trading strategies. 1. 80% Winrate and 1:1 RRR 2. 50% Winrate and 2:1 RRR 3. 30% Winrate and 5:1 RRR And although most traders gave the correct answer when looking at the numbers only, there is a lot more to choosing the right trading system than just pure money.  In this week´s podcast episode, I talk about the most important concepts when it comes to winrate,...

I was asked on Twitter (@Tradeciety) what to do in order to progress from break-even trading to profitable trading. Having reviewed dozens of trading journals over the years, I have come across this exact situation many times and in this podcast, I share the best tips on how to audit and change your trading approach to make the next step in your trading journey.     ################   Our new mentoring program for traders: ► https://tradeciety.com/elite    My trading course...

Today I want to talk to about what it means when traders say that "we put the odds in our favor". I found two great analogies that will hopefully help you understand this concept because in my experience it is one of the most important ones to follow in trading.   ################   Our new mentoring program for traders: ► https://tradeciety.com/elite    My trading course bundle: ► https://ultimatepriceaction.com/   Edgewonk trading journal: ► https://www.edgewonk.com  *** use discount code:...

Last month I reached out to my YouTube followers and I asked what the biggest struggles in their trading are.    Today I picked 10 of the most interesting and most commonly asked questions and provide my view and share some tips on how to deal with those situations.      ################   Our new mentoring program for traders: ► https://tradeciety.com/elite    My trading course bundle: ► https://ultimatepriceaction.com/   Edgewonk trading journal: ► https://www.edgewonk.com  *** use discount...

The Traders Improved podcast is back. I want to say a BIG THANK YOU to all of you who kept sending nice emails my way. This was finally the reason that motivated me to restart the podcast.   In this episode, I talk about why it is so hard to do the things that we know we should be doing. I then also provide some tips on how to improve your decision making as a trader.   I think I am a bit rusty when it comes to podcasting but it will be smoother soon :) I will be back in 2 weeks with the next...

In this week's podcast, I talk about the three-step process that will help you improve your trade quality and stop repeating the same mistakes over and over again.   ################ My trading course bundle: ► https://ultimatepriceaction.com/   Edgewonk trading journal: ► https://www.edgewonk.com  *** use discount code: tradeciety ***   ################   ► Risk Disclaimer: https://www.tradeciety.com/risk-disclaimer/  Disclaimer: The experience reports and comments constitute the...

Backtesting is such a valuable activity as a trader and it goes way beyond just looking for potentially profitable trading strategies. In this podcast, I share 8 benefits and reasons why backtesting is something every trader should do on a regular basis.   ################ My trading course bundle: ► https://ultimatepriceaction.com/   Edgewonk trading journal: ► https://www.edgewonk.com  *** use discount code: tradeciety ***   ################   ► Risk...

There is one key trait that will help you master trading and any other area in your life. In this podcast episode, I am exploring one of the most important concepts that will help anyone go from losing to a consistently winning trader.   Non-trading book recommendations: Against the gods: The remarkable story of risk Gambling Wizards: Conversations with the World’s Greatest Gamblers The Subtle Art of Not Giving a F*ck The Last Lecture - Randy Pausch The Untethered Soul: The Journey...

Trading Psychology is a very wide field and there is so much to tackle when it comes to improving your mental game as a trader. But after working with hundreds of traders over the last 6 years, there has been one key mental skill that really stands out among the best traders that I have mentored. In this podcast, I discuss the role of patience and impulsivity in trading and also provide practical tips and exercises on how to improve your mental game in those areas.   ################ My...