Weekend learning lessons for traders from the prop desk

How to prepare for the biggest trading opportunities- Game planning Do catalysts matter? How to construct an options trade with a really wide profit zone How to combat a trading bias When we trade $SPY and why How to determine whether a breakout trade is likely to be profitable ($DIS) How one trader turned around his trading *no relevant positions … Read More

You choose how you will react to trading obstacles

I was met by a smiling trader in the hall who is trading nowhere near as big as he wants, but was thrilled with his recent trading consistency.  His focus was on his happiness with this trading consistency, from which he could see a clear path to grow.  You choose how to react to your trading results. Another international trader … Read More

How one trader turned around his trading

Your back is against the wall as a trader.  Simply, you need to make money.  You feel the pressure.  The economic strain is a reality.  Failing at your dream job is a time period away.  That thought is crushing, perhaps soul-crushing. How can you turn this around? Let me share a turnaround story from our trading desk. We sat in … Read More

Weekend learning lessons for traders from the prop desk

How to determine if a Breakout Trade is likely to be profitable  How to enter a trade like a professional trader What are realistic returns for options trading? 2 essential indicators to improve your Breakout Trades It is not enough to just look for a good trading setup *no relevant positions