Boost Your Trading Focus Instantly

3 Questions to Ask Before Trading

I’ve found a gem for you today…

You’ve probably heard of Brett Steenbarger, famous trading psychologist.

He worked at SMB for a while (maybe he still does) wrote several books, and was one of the first to start blogging about trading psychology.

Anyway, I discovered an excellent short video called “Take your emotional temperature”

Brett asks the question:

“After taking a break, how do we know that we are ready to come back to the screens?”

Then suggests this action.

We take our emotional temperature and ask ourselves 3 questions.

  1. Am I calm or worked up?
  2. Am I focused or am I distracted?
  3. Am I planned or am I reactive?

We need all three to be a yes before we trade.

Simple, quick, and effective…

Thanks Brett.