Think Like A Trader Blog

Monday, 15 August 2016

The Return of the Monday Club!

This morning's trade suggestion for Subscribers worked a treat. The return of the Monday club. Now time to head to New York. Have a great week everyone!

Thursday, 11 August 2016

Remove or Reframe when Negative People Hold You Back

Reading Time - 5 Minutes

Hello Traders.

This week I want to go over something that doesn’t just relate to trading, but any form of achievement or self-development you may be working toward in your life. I like to think that if you’re reading this blog, you ARE the type of person trying to work on improving your life, rather than the ‘get rich quick’ squad who dive into anything and everything looking for the easy route.

So this is something that I find is a surreptitious weight at times, one that you don’t really evaluate and face. We spend so much time time nowadays self-evaluating and focusing on self-improvement that a lot of us don’t take the time to look around us. It has almost become a forbidden fruit – ‘oh no, there’s nothing outwith that can negatively impact you, it’s all internal.’

Now while I agree with this last statement to a point, I do not think it is completely accurate. In fact I think it is missing a huge potential problem that all of us face.

I guess because this is a public blog, I’ll call this problem Negative Energy… but in reality, I think of it as the ‘ass-holes who surround us.’

Ok, profanity over. I do apologise. But sometimes you need to dust off the nonsense and get to the root of the issue.

As you move through your life you’re going to face a lot of Negative Energy that comes at you from the people around you. It is a simple fact. Not everyone wants to see other people doing well. You can call it jealousy, fear or anger and it all amounts to the same thing – they can’t handle someone else getting ahead.

The main problem with this? These people can also be those who are close to you, and individuals you can’t easily avoid – co-workers, friends and even family members.

You can feel this energy every time you’re around them and whenever you talk about something good that is happening in your life. It can come as derision that is hidden in plain sight as a ‘joke’, it can be offered as simple laughter when you explain what you want to achieve, it can even be a blunt hammer like ‘you think you can do that? I don’t think you’ll be able to.’

The problem with this type of energy is that no matter how strong you are and how well you defend against that negativity, some of it gets through. I don’t care what all the self-help gurus say – that is the reality of life. No one can be strong all the time. Some of it leaks into the mind and sets up camp as a whispering, persistent voice.

So what do you do when this is happening?

Well first and foremost, you need to REALISE that it is happening. When you spot any of the actions listed above or anything similar, understand that it is someone trying to drag you down.

A quick note here – I’m not saying they are doing it on purpose or that they even realise they are doing it. But they ARE doing it and the sooner you accept it, the quicker you can begin to move on from it.
As you spot it you need to do something that is difficult – you need to be selfish. You need to look out for yourself. This can seem strange, especially if the person acting like this is close to you. However look at it this way – aren’t they being selfish? Knocking you as you try to pull yourself up? Of course they are.

Once you identify the problem, you need to either remove yourself from the situation, or reframe it to your benefit.

Removing yourself can be done if it is friends. It can be difficult, but sometimes we outgrow personal relationships. It’s ok to walk away from them. Just ask yourself if you still want to be in the same position as you are now in ten years? That can make it a heck of a lot simpler. I have walked away from friendships in the past and at the time it seemed like a huge challenge... But looking back I know I made the right decisions.

If you can’t remove yourself from the situation, then reframe it. Get good at identifying when people are putting you down and try and look beyond it, into what they are really saying. Because there is a deeper meaning, and it is usually one of insecurity or fear. If you can see this as it is happening – perhaps they are worried that someone they know is going to leave them behind. Or perhaps they are insecure and feel they can’t do what you are talking about doing and so don’t want to see you doing it.
When you see this, the ‘digs’ toward you become less severe. You can change the subject quickly or laugh it off with them, understanding that if anything, those ‘digs’ are a sign that they believe you ARE capable of doing what you say you are going to do and use it as further fuel as you strive to achieve your goals.

If they persist, simply change the subject, by saying something like 'I don't like the way you always rain on my dreams.' A statement like this is blunt and to the point and will make them feel uncomfortable, especially if they are close to you. After that, just change the subject!

Your journey is an internal one, but sometimes the external can leak in. This can be a problem at times, but there are ways to deal with it if you're willing to face them head on.

Remove or reframe, but never let them convince you that you aren’t capable of doing what it is you have set out to do.

I hope you’ve all had a great trading week!

Subscriber Profit!

One of the Australian Decisive Trading subscribers posted a 7% return on his first month of trading real funds. Stories like this make it all worthwhile!

Monday, 8 August 2016

New Website and Blog

Hello Traders.

The new website is now live at

The blog has been moved over to

Any feedback is welcome.

Happy Trading!

Friday, 5 August 2016

Decisive Traders finished by 9:20am on a Friday... Perfect way to go into the weekend!

Another lovely morning for Decisive Traders. All done by 9:20am with a 'double dip' trade (a buy position that turned into a sell position). Although the 'advised' trades do not come every day, they DO add a lovely bonus to Decisive Traders and their daily trading plans.

Morning Email:

The rally failed at the recent highs, meaning although we rallied, we made no new ground. Whilst above the 6750 level we are definitely positive, however it remains to be seen if the market can maintain this level.

Early morning I am looking for spikes up into our R1 zone for blind sell opportunities, as explained in your review video.

6750 is also a very key level today. Buys from here with good price action are worth looking at.

Tuesday, 2 August 2016

Wednesday Quote Hour


August! The summer month of holidays and sunshine and all things nice… well, there’s no sunshine if you live in Scotland, but we’ve heard it’s a wonderful thing.

This month can be a quiet one in the markets, with volatility dropping off a cliff. For me moving forward in this month I will be trading at a minimum, mainly early morning trades I see setting up before the market opens or off of very key levels. It can be frustrating, but it can also be prudent.

That means everything will continue as normal in regards to Decisive Trading, except I will be trading less and I will also leave the YouTube account for the month.

In the meantime the new website is almost ready. I took the advice of many of you who said Decisive Trading deserved something a little more shiny and new looking and hopefully that will be available in the next week or two.

For all of you going on holiday this month, I hope you have a great time. I am off to New York on the 15th for an interview with Owen Fitzpatrick and will use the excuse to visit my sister also.

I hope you all have a great trading week!