I truly believe that any investor who's willing to commit to
learning from an experienced trader will soon find that trading options is not gambling.
I truly believe that any investor who's willing to commit to
learning from an experienced trader will soon find that trading options is not gambling as my friend had said, but a necessary investing tool.
Not exact matches
Do stock
traders learn rationally
from past trading
experience?
Once I became a fully converted price action
trader, by
learning from the work of others, my own
experiences and screen time, my trading results began getting more consistent and eventually I was managing money for private clients and producing double digit annual percentage returns for them.
As a discount broker, it does not have an in - house research team for its clients but it has come up with solutions such as Open Trade where users can connect with heavy
traders and
learn from their
experiences at the real - time basis.
Once I became a fully converted price action
trader, by
learning from the work of others, my own
experiences and screen time, my trading results began getting more consistent and eventually I was managing money for private clients and producing double digit annual percentage returns for them.
Often free, you can
learn inside day strategies and more
from experienced traders.
Learn the different techniques
from the
experienced traders and practice them in a demo account.
In my small unique book «The small stock
trader» I also had more detailed overview of tens of stock trading mistakes (http://thesmallstocktrader.wordpress.com/2012/06/25/stock-day-trading-mistakessinceserrors-that-cause-90-of-stock-traders-lose-money/): • EGO (thinking you are a walking think tank, not accepting and
learning from you mistakes, etc.) • Lack of passion and entering into stock trading with unrealistic expectations about the
learning time and performance, without realizing that it often takes 4 - 5 years to
learn how it works and that even +50 % annual performance in the long run is very good • Poor self - esteem / self - knowledge • Lack of focus • Not working ward enough and treating your stock trading as a hobby instead of a small business • Lack of knowledge and
experience • Trying to imitate others instead of developing your unique stock trading philosophy that suits best to your personality • Listening to others instead of doing your own research • Lack of recordkeeping • Overanalyzing and overcomplicating things (Zen - like simplicity is the key) • Lack of flexibility to adapt to the always / quick - changing stock market • Lack of patience to
learn stock trading properly, wait to enter into the positions and let the winners run (inpatience results in overtrading, which in turn results in high transaction costs) • Lack of stock trading plan that defines your goals, entry / exit points, etc. • Lack of risk management rules on stop losses, position sizing, leverage, diversification, etc. • Lack of discipline to stick to your stock trading plan and risk management rules • Getting emotional (fear, greed, hope, revenge, regret, bragging, getting overconfident after big wins, sheep - like crowd - following behavior, etc.) • Not knowing and understanding the competition • Not knowing the catalysts that trigger stock price changes • Averaging down (adding to losers instead of adding to winners) • Putting your stock trading capital in 1 - 2 or more than 6 - 7 stocks instead of diversifying into about 5 stocks • Bottom / top fishing • Not understanding the specifics of short selling • Missing this market / industry / stock connection, the big picture, and only focusing on the specific stocks • Trying to predict the market / economy instead of just listening to it and going against the trend instead of following it
I'm a strong proponent of keeping risk consistent not only because it's how other professional
traders operate, but because of lessons
learned from my own personal
experience as well.
Connect your account to an
experienced trader's account and
learn how to trade Binary Options successfully
from advanced
traders!
I have
learnt a lot
from your years of
experience as a
trader and continue to do so.
Without trying to sound like I am trying to sell you something, if you want to truly fast - track your trading success, you need to
learn more
from me, an
experienced trader with more than 15 years in the markets.
They know that much of this can be
learned from other
trader's
experiences, but that they are ultimately responsible for their own success.
I am a new
trader (still have to make my first real trade) so I know I have ways to go in educating myself and
learning from real life trading
experience.
By enabling the lesser
experienced traders to
learn and copy
from the more
experienced traders, this helps to cut down the
learning curve for beginner
traders.
This will allow even the least
experienced traders to
learn from the successful patterns of top investors.
Traders, however, gain and lose on a regular basis, and we can
learn a lot
from their
experience, Klouvidakis says.