When You First Start Out Trading

[⭐ analyst75]

Question: Hey Joe! Has anyone that you know put together a compendium of what to look for when you first start out trading?

 

Answer: Not that I know of. But consider the following: As a trader you are in a contest. Your strongest opponent has plenty of capital. He follows a program and he does it without emotion. He is totally aware of the fact that no one knows where the next tick will fall. Whereas he usually has good insights regarding the major forces that drive the market, he does not fool himself into thinking he can explain the vagrancies of price movement intraday or even from day to day. He knows that no one truly can.
 

The successful trader has learned his lessons by actually trading. This is a competitive business and very few worthwhile pointer are given out by the industry, your competition, or the myriad of so-called trading gurus who plague the pages of trading magazines and pages of their websites. The most valuable information is closely guarded and not often put in books or on web pages. Learning about trading is a 'forever' experience. As the markets change and as we adjust to them, we learn. The learning is ongoing. It stops only when you no longer trade. During the time we trade we can always improve.

From Joe Ross

Source: https://tradingeducators.com/blog-page/first-start 
 

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