Welcome to The Knife's Edge

Coaching for the Professional Trader

“As a trader you often walk on the blade, be careful and don’t step off” - Marc Rich

For every 100 traders that join a firm, only 3% are earning a living trading in 5 years time. Why? It is NOT lack of capital, It is NOT the software, it is NOT the strategies provided.

It is failure to master the mental and emotional aspects of trading. This is what I teach

Our Coaching Focus Areas:

Discipline

Discipline takes many forms, including: a consistent premarket routine, visualization practice, and sticking to your stops. Discipline also applies to your health routines of diet, excercize, and sleep.

Risk/Reward Estimation

Each trade requires it's own assessment of risk, reward, and the probabilities of each.

Patience

Patience with the process, patience to ride winners, patience for the "Best Version" of our setup. Buffet says in investing (also works for trading), that there are no called strikes. This is mostly true.

Managing Emotions

Ed Seykota mentions the 6 emotions of trading: The Joy and Pain of Winning, Losing, and Not Participating. Each of these emotions must be anticipated, acknowledge, and managed in a way unique to each individual.

Preparation

"Chance favors the mind that is prepared" - Louis Pasteur. As traders, we must be ready for the day, the market cycle, and any of the infinite possibilities the market serves up. Trading is a reactive business. We cannot "impose our will" on the court like Kobe Bryant. We can only react to what opportunities the market provides. Through proper visualization, we can teach ourselves to react without thinking, following our trading plan.

Cyclical v. Linear Thinking

We tend to extrapolate trends in a linear fashion. However, the market is cyclical in nature. Strategies come and go, then come back again. We must always be aware of what part of the market and edge cycle we are in.

Position Sizing

Position Sizing = Risk Control. Risk control is practiced through proper position sizing. Without the correct position size, you will never follow your trading plan. Position size is determined by your own risk profile, the risk/reward of your trade, your trading bankroll, and your ability to estimate all of the above.

Strategy Development

You have a unique personality, and therefore you have a unique risk profile. There is a structured process for you to find, develop, and modify strategies that will work for you.

Managing a Variable Income

If you want consistent profitability, then Trading is not for you. You will have up and down days, weeks, and months. We teach specific ways to handle the emotions that arise from this volatility in income.

Being average at even one of these skills is enough to fall into the abyss.

Contact me to avoid the fate of nearly every aspiring trader.

Testimonials

What our clients say:

Not only is Aaron an amazing, hyper-intelligent, and creative trader, he is also kind, patient, and encouraging. I was at a low point in my trading career and in my life when I turned to Aaron for help. After our first session, I was already feeling good about myself. With his guidance, I immediately stopped losing money and turned things around much quicker than I had hoped. He has had such a positive impact on me and my family's life, we are eternally grateful for him. To this day I still consider him a mentor and one of my good friends.
Richie
I started my path trading about 10 years ago and if I had begun with Aaron when I started then I would have avoided a huge amount of pain and breaks in between my trading career. Aaron has been a light that’s shown through the misconceptions of trading and a lesson in learning what true edge as well as a path to successful trading. It’s hard to imagine my perspective on the business now compared to how I thought prior to my start with him but it’s night and day difference. When I first started trading I fell into common misconceptions and misinterpretations of what edge is, but now I finally understand. Aaron has helped me trade as a true professional. I’ve worked with Aaron for almost 3 years now and transitioned from an equity curve with large drawdowns to one with a consistent upward slope. It might not be as volatile or exciting as it once was prior to learning, but I’ll take the equity curve Aaron has helped me develop over my past speculation any day. He’s a master of fundamentals which is often overlooked in today's age of a plethora of information and that’s what has led to success now vs. the mistakes of the past. I continue to look forward to my career with Aaron’s help as he’s been a great mentor in every facet of trading.
Nick
I signed up for mentoring with Aaron as I needed someone with the experience and expertise to help me further develop my trade plan and overall trading skills. Aaron was able to identify blind spots of mine and uncover several opportunities for me to expand my trading strategies, refine my money management plan, and ultimately become a more consistent and profitable trader. I highly recommend Aaron to anyone looking to take their trading to an elite level.

Chris