How to become a trader

how-to-become-a-trader

I started trading back in 2001 when my college buddy recommended to buy INFA. I bought 200 shares at $14 and held it for two years selling it for $8. Thanks for the tip buddy! During the next few years, I wasted a lot of time and money trying to learn to trade by myself. All and all, I lost around $5K after “playing” for about 3 years before work. I took some time off and decided to give trading another chance, but this time a real chance. I started trading in a prop firm where I had all the necessary tools to succeed. Under this new environment, I had only 4 down months out of 48 during my trading career. Most importantly, I only lost about $1500 to reach profitability. Pretty big difference from when I tried to learn by myself.

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Ranking Instruments

At Trademetria, you are one click away from discovering  your best and worst instruments to trade. This is important for any trader because you don’t want to waste time trading instruments that are not profitable. Instead, you must be agressively trading the ones you are great at. This report gives you hard evidence of what you should be trading.

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Tradervue vs Trademetria

We created this post for users who wish to use an online trading journal solution that can offer a robust set of features at an affordable price.

In this post, we compare Tradervue vs Trademetria. Both products were created with the active trader in mind. They have features to add multiple trades at once from multiple brokers and plenty of metrics for day traders and scalpers.

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How can your trading mentor help you with Trademetria

trading-mentorship

I am living proof that training and mentorship are two of the most important pillars to becoming a profitable trader. When I tried to learn by myself back in 2001, I lost $10k and 3 years trying. When I joined a prop firm that offered training, mentorship, top tools and traders to talk to, I had 44 profitable months in 48. Big difference.

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11 differences between prop and retail traders

prop-vs-retail-trading

Would you be happier as a prop trader or retail trader? In this article, we discuss the main differences between independent traders trading prop and retail. Hopefully, by the end of this article, you will have a better understanding of the main differences between these options and will be able to make a more informed decision about your future in the business.

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Top ten mistakes made by beginning traders

10-trader-beginner-mistakes

Mistakes are part of life, but if we don’t acknowledge that we make them, we are making another mistake. Like a race car engineer that needs to constantly learn from past mistakes to optimize car performance, you also need to constanly be aware of your past mistakes in order to adjust your trading strategies and profit from them.

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