This blog post by @Cyclops_Trader sharing his experience starting at a prop firm is an excellent read for traders. Cyclops contributes to the trading community that he developed his trading edge by being taught how to think like a trader. He writes: At no time did he say, “this is a buy” or “this is a sell” it was all … Read More
Here’s what leads to your trading improvement
During the Traders4ACause Las Vegas 2019 conference @Steenbab, trading coach Dr. Brett Steenbarger, articulated the line of the event. Internally, we talk a lot about winning the trading day. Setting a daily routine and then competing to win each stage is coached. We did so yesterday with our new trading class, setting standards for them to meet. I expanded on … Read More
An effective trading technique to help limit unnecessary trading losses
We were sitting in our training room in NYC, during our daily 11AM mentoring session, and a new trader reviewing his open said, “I should have moved on from the stock.” It doesn’t really matter what the stock was or the setup, as this statement has been heard on trading desks since the beginning of trading. The new trader didn’t … Read More
