
Good Info Jeff,
Post more.
Ken
Hi Jeff,
thanks for the video…good suggestions…only would find more specific points about the front end evaluating the market which you referred to.
Regards,
Lawrence
Interesting stuff Jeff – would have been far more powerful however if you had actually gone through examples of each point eg overall market – reviewing trades – other points etc etc
As a nubbie, I found this very helpful to learn the components of a underlying approach to develop good trading habits early in my training to follow daily.
Thank you.
Great video, A lot of good stuff
Well said, we all go through nervous experiences, only to be a better person, athlete, or trader. We have to use the nervousness to build on our abilities. Nerves are a natural way to prepare us for the event.
Great advice. It’s a plan not just for trading, but for life in general.
Thank you for this video. I am trading regularly now. This month was a down month but I learned a lot. I have a long way to go, but I will get better.
allen
Jeff, Thank you for the video. Instilling this habit into my daily routine will help me become much more disciplined as a trader. Too often, without this pre and post planning, I get whipsawed by what the market is doing tick by tick and not falling back on my trade plan. Thank you for going over the importance of this (and the trading idea book), this should help me improve my results!
Great Stuff!
The key for me is that you have made all of it a daily habit. Something I have yet to do with this Options trading and reflects in my up and down success.
More Please!
Thanks
Tony
Great site. A lot of useful information here. I’m sending it to some friends!
“Law of Practice” it seems so simple yet so creative!. I have put 10,000 to paper and will take action on it.
Thanks for sharing this Jeff!
Hey Brent,
Glad you’re part of the Credit Spread Trading Made Simple Tribe! It’s just a matter of time before you become the All-Star of the Month.
JZ
matt furey has the secret which is really no secret at all. which is when you truly want something you will find a way to get it done. matt’s bodyweight exercise system is as basic as they come but will deliver the most results if applied correctly. matt was the reason i found j.z. and credit spreads. if matt’s wife who speaks english as a second language could grasp this and become successful i knew i could as well. it turns out i was correct. i was typical of that 90% of people who started off great guns and then quit after awhile when success does not come immdediatley. after about 6 months of no credit spread study or exercise i have resumed both and of course the results are much more positive and i am back in the zone. it’s really just that easy.
Jeff,
Nice post! A wise man once told me that most “overnight successes” actually take 10 years. It’s nice to know that 10,000 hours works out to only 4.8 years assuming 40 hours per week. That’s not so bad.
-Eric
Hi Jeff,
I first read about this idea of 10,000 hours to mastery in Michael Masterson’s Early to Rise newsletter. In that article he mentioned that a person could cut that number down significantly (I don’t remember exactly by how much) by modeling someone who had already achieved mastery of your goal or by being coached by someone who had already achieved mastery. So. . . thanks for all the great coaching and inspiration for those of us who want to learn to be great credit spread traders. Regards, Laurie L.
Whats funy is that poeple always want some sort of advice to where they should be or should not be in life, well you are axactly where you should be right now, just keep fowllowing the path your on now. Look for all opertunities that will lead you to your financial goel and follow that path to financial freedom, do what you love and the money will fowllow.
Never stop studying; there is always sometingg new to learn
Something I’ve often told college students recently is that both of the industries I’ve worked in during my career DID NOT EXIST when I was in school (Fiber Optic communications and Networked Computing). Graduate school will give you more tools, but your imagination and enthusiasm will allow you to apply the tools in any field you find yourself in. As Jeff said, keep trading to hone your skills, go to grad school in finance/business or whatever only to help you with the analysis of opportunities to bolster your trading.
And finally, look to “a job” right now following a passion, hobby, or talent. Your trading is the goal, you can set aside money from whatever you earn, small amounts or large. If you can “sharpen your saw” as you work through your career, you will have a fulfilling life and no regrets to look back on.
All the best,
Brian
Kenneth,
Great going on your trading, don’t quit. Here is what I follow and it works every single time. “Follow you passion and money will come.” I love trading and have become very good at it. Jeff is right, master one strategy. Know it forwards, sideways and backwards. One book that really helped me is written by Mark Douglas “Trading in the Zone” Stick with it.