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Three things to consider when picking your partners

The Michael Martin Show

Release Date: 04/10/2018

How to better control your daily vol  show art How to better control your daily vol

The Michael Martin Show

  Clients are looking at the daily swings in their account when they see big moves in the market.   You might consider having discussions with them before this happens to instruct them on what you'll do.   Big increases in vol can also signal a change in direction...   Click here to .

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How to win over prospects by losing less show art How to win over prospects by losing less

The Michael Martin Show

  The ultra-wealthy already have all the money in the world.   They don't need you to double their money.   Their main concern is to "not lose."   How will you be different from the other managers they are interviewing?   It's the differences that sell, so sell them what's in this episode.   Click here to .

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Are you the right person for the job? show art Are you the right person for the job?

The Michael Martin Show

  Imagine if you had to interview yourself for the job you want.   How would you grade yourself for the job you're doing?   Would you give yourself a written recommendation?   What would you write?   Click here to .

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One way to know if you're wrong on a trade show art One way to know if you're wrong on a trade

The Michael Martin Show

  Good trades make you money right away.   Use a time stop to offset risk.   Else, you might be too forgiving and acting like an Investment Advisor when you're trying to be a trader.   Fight Imposterism within yourself.   I made that word up - imposterism.   Click here to .

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How to avoid putting yourself in bad spots show art How to avoid putting yourself in bad spots

The Michael Martin Show

  Bad spots in this context can mean trades that you have no business being in.   Been there, done that.   Click here to .

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How to know if you are compatible with your trading rules show art How to know if you are compatible with your trading rules

The Michael Martin Show

  Doing something once is easy.   Doing it over and over is another ball of wax.   Here's one way to know if you are compatible with what you're trying to do in the markets.   Click here to .

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You are competing against yourself - there's nothing to catch up to show art You are competing against yourself - there's nothing to catch up to

The Michael Martin Show

  Focus on having discipline and executing that discipline every day.   That produces consistency.   That's what you're competing with - the ability / inability to do the right thing every day.   Click here to .

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Don't buy pullbacks, buy above resistance show art Don't buy pullbacks, buy above resistance

The Michael Martin Show

  When you go long, you want momentum in your favor, not against you.   The worse thing you can do is buy a pullback to support and try to sell at resistance.   This is small-minded thinking.   Wait for the instrument to clear resistance, then buy.   There is no upper boundary to the price and prices are relative.   Click here to .

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When it's not a good idea to push yourself show art When it's not a good idea to push yourself

The Michael Martin Show

  When you're not settled with where you are in your trading, you can find yourself doing things that don't serve you.   That's because you want to be somewhere else as opposed to being present.   Click here to .

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Hesitation will kill you - cut your losers viciously show art Hesitation will kill you - cut your losers viciously

The Michael Martin Show

  Ace Greenberg would sell any longs that were down coming into Friday's close.   Some traders offset trades in 15 minutes if they don't show a profit.   Takeaway: good trades make you money right away.   If it doesn't act accordingly.   Click here to .

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More Episodes

There are a ton of moving parts to your trading business. Pick your partners carefully - sometimes you can't unwind things as fast as you set them up. 

Everyone flirts hard to get your business and the best deal you can strike is on the day you walk in the front door - it only gets worse after that - and that's why people change firms. 

Measure 8 times and cut once.