Trading Lessons – As a New Trader, Where Should I Focus my Attention?
What are the differences between new retail traders and professional traders who have been doing it for a while?
In this trading interview Blake Morrow from Traders Summit sits down with Mark Randall from alpha-mind.net to discuss some of the common issues that new traders deal with vs traders that are more seasoned and come from banks or institutions.
Mark dives deep into Trading Lessons in this interview and the answers that Mark gives you may shock you!
Are you trading the right instrument or product based on your lifestyle?
Are you taking all factors that may affect the market in that product you are trading?
Do you approach the market from an economist point of view or more of an engineer or analytical point of view?
Your different approach may alter your outcome initially. One of the tops Mark covers which is critical for new traders is understanding how to structure your schedule and making sure you have a time where your day “ends” even if the markets are still open.
0:00 – Intro
02:00 – What are the differences between New Traders and Professional Traders
13:40 – The amount of time you put in doesn’t necessarily equate to being a profitable trader
19:00 – How do new traders learn about Alpha-mind.net