TradingLife Podcast with Brad Jelinek

I share with you some personal projects that i amdoing with artificial intelligence that I think you might find interest in.

I discuss my interaction with a younger Trader and how we are working on zooming out and maintaining proper perspective when developing new trading strategies and when reviewing trade results.

I talk about different tactics and strategies you can use when the market is busy building a little bit more on the last podcast.

We talk about size management, emotional management and also timeframe when the market gets busier.

When you are centered in what you're doing there's really never a decision you have to make the decision will be obvious and the pull will be natural.

In this conversation, Brad and Brent explore the concept of a trading edge, discussing how to identify it, recognize when it is lost, and the emotional aspects of trading. They emphasize the importance of self-awareness and backtesting in maintaining a successful trading strategy, while also acknowledging the inevitable struggles traders face throughout their careers.TakeawaysDefining your trading edge can be subjective and varies for each trader.A clear sign of losing your edge is when past successful strategies no longer yield results.Emotional dissatisfaction in trading can indicate a loss of connection to your strategy.Backtesting can help identify when your edge is no longer effective.Experiencing larger losses than expected is a significant red flag.Trading should bring joy, but it also comes with stress.Long-term traders often face periods of doubt and disconnection from their work.Admitting when a strategy isn't working is crucial for growth.Rebuilding after losses requires humility and self-reflection.Finding a new edge is possible with the right mindset and approach.Finding Your Trading Edge: A Deep DiveWhen Your Trading Edge Disappears"How do you know when your edge is gone?""I feel like shit about what I'm doing.""You need to go back to the drawing board."

In this episode of the mentorship podcast, the hosts discuss the challenges faced by traders, particularly focusing on impulsiveness, discipline, and the psychological aspects of trading. They explore the importance of having a structured trading strategy, the impact of behavioral conditioning, and the necessity of treating trading as a serious career. The conversation emphasizes the need for a pre-trade routine and the significance of following rules to achieve long-term success in trading. Takeaways Many traders struggle with impulsiveness after experiencing success. Discipline is crucial for maintaining a consistent trading strategy. Writing down trading rules can help reinforce discipline. Changing the definition of a 'winning day' can improve mindset. Behavioral conditioning from past trading habits can affect current performance. Taking breaks after impulsive trades can reset mental focus. The adrenaline rush from trading can lead to poor decision-making. Treating trading as a career requires the same rigor as any job. Understanding the psychological aspects of trading can aid in self-regulation. Building a supportive trading environment can help mitigate loneliness.

Brent and I listen to Mike explain his strategy and then we go to work helping him make a few fixes that will help him align more to his intended outcome.

After a good day, I had a bad day and it was very preventable and there's a lot of classic mistakes I made that others can learn from.

I share how I screwed up some trades in Chinese equities and what we can learn from them and then I pose a potential stupid news trade in oil and finally talk about maybe creating a Substack group. A reminder too on the mentorship podcast form that I want people to sign up for so we can enjoy learning from each other.

I briefly talk about some future plans for the podcast and then get into the importance of price action and how I use it.

I discuss a peculiar behavior I have when I put on positions and the rest of the podcast is about a mentorship podcast that i am going to have and I give directions to fill out a form on my website if you're interested in the details.

This was a 25-minute chat I had with my wife about her observations of living with a trader and other topics that came up. You can also go to YouTube to see the video.

I describe my style to a friend, and I try to be as honest as possible.

I talk a little bit about the stats from this podcast and the demographics, which is interesting. I also cover some different ways we can engage with each other and ask for a little bit of audience feedback as well as talk about what a paid group would offer.

It's all in the title

A continuation from the first podcast after I got cut off from a phone call.

This is a very wide ranging podcast where I get into a lot of different ways we can improve, and I share stories from my past, as well as things that inspired me to move the needle in my own development.

I talk about the importance of knowing your timeframe and then give you a few examples of how I've done that recently for the good and for the bad. The second half of this is me talking about running a paid group and how it might look and hopefully getting some feedback from you guys.

My wife's phone call interrupted the last part, so this is the rest of it.

I discuss where we may be in the cryptocurrency cycle relative to other cryptocurrency cycles and we talk about staying curious and not getting narrow minded in a world full of strong opinions on both sides

I talk about how I'm using an artificial intelligence to build my own tools and I talk about why I think that is important.

The discussion today is about how you can survive all the different market cycles if you ground your process in thinking about risk management. There's a lot of nuances to that thinking which I cover in the episode.

I discuss a good book I have read recently and the mistake of being busy all the time. We also talk about the pitfalls of over optimizing yourself and what you can do about it.

I discuss adapting over different time periods in your career and managing your sizing increases.

I offer two or three different perspectives on how I handle this and how overtime I've gotten better at dealing with it to live a higher quality life. --- Send in a voice message: https://podcasters.spotify.com/pod/show/brad-jelinek/message

I discuss these today and how I'm using them. --- Send in a voice message: https://podcasters.spotify.com/pod/show/brad-jelinek/message

I go over a book I just finished about the leadership lessons of Nick Saban and how it relates to us as well as adapting to changing market conditions. --- Send in a voice message: https://podcasters.spotify.com/pod/show/brad-jelinek/message

I discuss two different paths to success and the price to pay for each. --- Send in a voice message: https://podcasters.spotify.com/pod/show/brad-jelinek/message

Today is a fun one for me because this one is timeless. I talk about the cycles you're going to go through from top to bottom and how to stay on a roll. What happens when you fall off and struggle how do you get back going again? --- Send in a voice message: https://podcasters.spotify.com/pod/show/brad-jelinek/message

Some inspiration from a private jujutsu lesson really connected with a similar concept in trading. When you don't do something a lot, it becomes special to you and when it becomes special to you, you don't treat it like a process to the extent that you normally would. This can become a problem. --- Send in a voice message: https://podcasters.spotify.com/pod/show/brad-jelinek/message

We discuss the fear of missing out, and some potential solutions to ease the burden. The second part is about broadening your perspective which can really improve mental health when things are not going perfect. --- Send in a voice message: https://podcasters.spotify.com/pod/show/brad-jelinek/message

I talk about my excitement with the artificial intelligence boom and about how I'm using it to advance my trading. --- Send in a voice message: https://podcasters.spotify.com/pod/show/brad-jelinek/message

I discuss my personal situation in 2023, and into 2024 and then talk a lot about handling, losers and handling what is going to be unknown changes in market structure. The ability to do this is more important than pretty much anything else. --- Send in a voice message: https://podcasters.spotify.com/pod/show/brad-jelinek/message

I get into a little bit of a history lesson related to my career in the market by talking about different things I have gone through and then we eventually get to the main point about how to handle changing market structures and what you can do about it. --- Send in a voice message: https://podcasters.spotify.com/pod/show/brad-jelinek/message

How the emotions that come up in trading can be used to make you happier, more profitable and as a template for your growth as a person. Im not sure anything matters more than this. --- Send in a voice message: https://podcasters.spotify.com/pod/show/brad-jelinek/message

I discus the importance of figuring out why other people are in positions and how you can profit from that. This is particularly relevant for short term futures trading. --- Send in a voice message: https://podcasters.spotify.com/pod/show/brad-jelinek/message

Like many of you, I was incredibly inspired by the Arnold Schwarzenegger documentary on Netflix. However, I would like to discuss a different angle on how the documentary made me feel and some possible paths forward. --- Send in a voice message: https://podcasters.spotify.com/pod/show/brad-jelinek/message

I discuss a project that Brent and I are working on involving back testing and programming using GPT. A big take away is simply the ability to scale that comes from something with structured rules. --- Send in a voice message: https://podcasters.spotify.com/pod/show/brad-jelinek/message

I discuss my tumultuous 2022 and how I am establishing alignment with myself through it all. --- Send in a voice message: https://anchor.fm/brad-jelinek/message

I talk about my experience with getting away from what I'm good at and finding my way back. I discuss how I am likely to hit my goals through a path that I did not see when I began. --- Send in a voice message: https://anchor.fm/brad-jelinek/message

A variety of topics covered about making your trading easier. Also about making your life easier. We get into sizing again as well as understanding yourself at a deeper level. I also use some examples from friends I am working with. --- Send in a voice message: https://anchor.fm/brad-jelinek/message

Today is a very important discussion I have with myself about sizing. In the absence of sizing problems, there really aren't that many problems that cannot be easily fixed in trading. This is because you preserve your personal momentum and mindset which is everything. --- Send in a voice message: https://anchor.fm/brad-jelinek/message

This is sort of a part two to the last podcast. --- Send in a voice message: https://anchor.fm/brad-jelinek/message

I talk about a difficult experience I am going through with a large loss and some of the things that led up to it. --- Send in a voice message: https://anchor.fm/brad-jelinek/message

I talk about a very important insight I had today while consuming something from a reputable source which made me feel negative and fearful. I think this is a big growth area a lot of people can benefit from. --- Send in a voice message: https://anchor.fm/brad-jelinek/message

I met with Trader who has been in the business for over 30 years and discuss some of the important crossovers between sports and trading as well as different ways to preserve your focus as you grow. --- Send in a voice message: https://anchor.fm/brad-jelinek/message

The podcast I do with Brent is free and I've opened up the episodes so check that out and subscribe to the channel. I also talk a little bit about changing behaviors and habits which will be expanded upon in a different podcast. --- Send in a voice message: https://anchor.fm/brad-jelinek/message

I discuss adding to a already profitable trade and the hidden benefits of it. --- Send in a voice message: https://anchor.fm/brad-jelinek/message

This is a recording of a conversation I had with a friend about if things get easier over time and then we also get into certain athletes and how they are able to maintain their edge as it relates to trading. --- Send in a voice message: https://anchor.fm/brad-jelinek/message

I discuss a concept from the Gerald Loeb book that I'm reading. It relates to your ability to focus on what's most important and how that can shortcut your learning process to finding the best trades. --- Send in a voice message: https://anchor.fm/brad-jelinek/message