Author Archives: Trademetria

Trading spreadsheet journal vs Online trading journal: Key differences

trading-spreadsheet-vs-trading-journal

Recently, I had a chat with someone that wanted to know why he should use an online trading journal vs his own trading spreadsheet. My answer was quick and somewhat brutal.

“Why drive a ford when you can drive a Lambo.”

Another way to put it:

“I’ll give you two options. The first one is free, but it won’t increase your returns. The other is paid and will most likely increase your returns. Which one would you go with?”

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Best Trading Tools for Traders

Resources and tools for traders and investors

When I first started trading back in 2001, I used yahoo finance and my broker’s platform to trade. That’s it. The result? I lost $8k! Not fun.

When I became a professional trader, I got to sit next to professionals and I learned from them and from other traders what works and what doesn’t when it comes to trading tools and resources for traders.

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Everything you need to know about the new CME micro e-minis

As of May 5th 2019, the CME group announced 4 new contracts that can be a game changer for new traders. You can now trade micro e-minis of S&P, Nasdaq, Russell, and Dow and that means you will spend a lot less to learn how to trade futures. We are excited about this and already made the necessary changes to our system to support these new contracts. Here is what you need to know:

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The key metric you need to know to go to a live account

fundec-live-account-when-to-go-from-sim-to-live

A lot of people get in touch with us asking when they can start trading with a real account. This is a genuine question and not as simple to answer as it seems.

If you are just starting on your trading journey, I really recommend you start in a simulator environment because you get to learn a ton of things without losing a dime. Such things might include:

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How to find a trading mentor and why you need one

trading-mentor-how-to-find-one

When looking for the holy grail of trading, many people spend thousands of dollars on courses, seminars, strategies, books and of course trading capital trying to become consistently profitable. While some of these products can help, I still think they are not enough for most of us. Why? Because trading is a mental game and to teach one’s mind, you need three important components:

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