A developing independent trader asked me: how can I better hold my trades to target? This trader wrote: This isn’t a unique to me issue so wanted to know what the traders on your desk have been successful with to dial this in. Primary strength is move2move, but this leaves me sidelined for bigger trend trades and ideas unless I’m … Read More
The first test for a new trader
You get hired for June on a trading desk. You take The Foundation, a 6 week course. You learn everything you didn’t learn in school, the internet, blogs, cable TV (just kidding), your uncle, and/or trading gurus about the markets necessary to place professional trades. Then it’s on to Trader Development where for the next 6 months you experiment with … Read More