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