The issue that might be holding you back as a trader

You make a profitable trade and then groan that you were not big enough. If you could just trade your best trades bigger, you would make much more! But then you also find an A+ setup (your favorite trades), put on max risk, take a loss, and then grumble that you should have lost less. I certainly have been there.  … Read More

Fail, Win, and Then Fail Some More: The Path to Becoming a Winning Trader

Part II of our training program on our prop desk in NYC is Trader Development.  There is a lot of necessary and wonderful failing that goes on during Trader Development. During this process traders experiment with different setups that we highlight. There are trading strategies worth exploration that active traders use to win. We continually point them out daily during … Read More

Why I didn’t trade today

I didn’t trade this morning.  I had ever intention to do so when I left the office last night.  I like the opportunity in FB TWTR SRPT SPY IWM for today’s trading session.  So this was not a decision of a lack of trading opportunity.  I, personally, was not in an optimal state to trade.  And therefor, I benched myself. … Read More