The best learning experience that you can have as a trader is to sit face-to-face and shoulder-to-shoulder with successful pro traders. Imagine listening to the words that traders use to describe the setups and live trades they are in. This is how you learn to speak the language of a profitable trader. Think about seeing the way traders follow … Read More
Weekend learning for traders from the prop desk
Links to help you improve as a trader The path and setup with edge that helped one firm trader gain his confidence The path and trading setup to help you become a consistently profitable trader Become a pattern recognition machine How to buy a stock that is oversold The trading technique to improve results for a top day trader *no … Read More
Fear This
I see a whole lot of traders afraid of a whole lot of things: Being wrong Losing money Open profits evaporating Not catching the next big move Failing in general Taking a loss, therefore letting it get worse Having objective trade processes, therefore being fully responsible for results and More Do you identify with any of these? Do you experience … Read More
Stop Deleting!
I often get requests from traders in our Futures Tryout asking us to delete their prior trade history from Tradervue. They haven’t performed well, and mentally want a “fresh start.” I promptly respond with, “No way Jose!” Why? I think this is a big issue that relates to a common hurdle to getting better as a trader… avoiding discomfort! There are … Read More
Farnam Street Principles & Trading
I really loved the post recently by Farnam Street regarding their own Principles. I couldn’t help but think, as I almost always do, as to how what I was reading relates to trading. Not only trading itself, but very much around trader development, which if you’re a trader, should be an extremely important topic for you regardless of where you … Read More
Weekend learning for traders from our prop desk
Let me offer some videos for you to watch for some weekend learning for your trading from our prop desk. Our study when markets are closed is a true measure of our passion for trading. It is Saturday, I am at the office, and I am working on how we can improve as a trading firm. Our culture at SMB … Read More