Category Archives for "Proprietary Trading"

Mentoring Advice for Day Traders | My Top 25 Tips

trading advice

Why Mentoring a Trader is a Two-Way Street Mentoring advice can be difficult. You never want to shatter someone’s dreams but you want to be honest. It’s a fine line to walk. When you have an honest desire to give back, mentoring is an obligation. A responsibility. It’s common for new traders to ask experienced […]

Continue Reading

Art of Taking Profits in Trading

Art of Taking Profits in Trading  Many traders claim that their game plan emphasizes trade entry but not trade exit. As a result, they argue that they do not makeenought profit on each trade. If you have not thought about trade exit prior to opening a position, then you have a problem with your game plan because you have not […]

Continue Reading

Day Trading Success Rules

Day Trading Success Rules Day Trading Success Rules is he success that a trader achieves in the markets is directly correlated to one’s trading discipline or lack thereof. Trading discipline is 90 percent of the game. The formula is very simple: Trade with discipline and you will succeed; trade without discipline and you will fail. […]

Continue Reading