There is a mistake I repeatedly catch on Trading Twitter and even to a lesser degree on our proprietary trading desk. From my seat, this is the #1 mistake traders make before leaving a trading session. Let me share this #1 mistake. And then challenge the trading community for all of us to be better…together. I was scrolling through Trading … Read More
A Saturday Trading Strategy
I came into the office Saturday to get some work done. Just prior my son finished a baseball doubleheader in Queens. We drove back home, dropped his bags at our apartment, changed, and headed to the office. His mom and sister were at our beach house so it was just the boys. To keep Luke occupied, while I worked, we … Read More
9 Trading Lessons Essential for Today’s Market
1. Develop your system to short circuit trades that do not feel right. What you certainly DO NOT want to do is short circuit a trade based on your feel before developing your system to do so. That could lead you to prematurely exiting a good r/r trade. 2. Do your Daily Report Card without fail. Watch: How the Daily … Read More
May Trading Insights: 10 Key Takeaways from Our Prop Desk
Each month our traders meet for a monthly review with their Team. Our floor manager, @TheOneLanceB, our head of trader development- @SMBRecruiting, and I attend and provide mentorship during these meetings, which are run by the Team leader. Dr. Steenbarger provides invaluable feedback to traders on their monthly review, as well. Each trader shares their key takeaways from the prior … Read More
A Walk in Boston with 3 Experienced Traders Giving Back
Let me share a video jam-packed with trading advice and wisdom for developing and experienced traders. Three experienced traders are interviewed for this video, who have experience both as professional traders, but also mentoring traders. I make this distinction because the addition of their experience mentoring traders means they have spent significant time thinking of how best to communicate important … Read More
10 Trading Lessons from Elite Prop Trader Shark
Shark sat down for an in-depth interview with Chat with Traders. Shark is one of the best traders in our trading space, let alone our prop trading firm. This is the first one-on-one interview he has ever given for the trading community. It has been so much fun watching him grow as a trader. We are so grateful to have … Read More
How to maximize your time with an experienced trader (change idea)
In this post you will learn: How to maximize your time with an experienced trader. You have many of the trading answers you need to improve. Be dilligent because that’s who stands out to successful traders. A potential new video series for the trading community on our YouTube channel. A friend/trading colleague, @austinmitchyblu, reach out and asked for me to … Read More
10 Key Takeaways from March Trading (from the Prop Desk)
1. Gchat an accountability partner to help you trade bigger. One junior trader had a breakout month in March. During his Team monthly review, this junior trader attributed the below as a big reason for this success: During the 5-6 biggest opportunities of the month, he sent a Gchat to an accountability partner, outlined why the opportunity was worthy of … Read More