The mind of a trader

Discussion in 'Journals' started by djmartin, Jun 13, 2015.

  1. djmartin

    djmartin

    It's not that I'm doing anything poorly, I just want expand my trading playbook. And yes I have a couple of mentors. One of them is a x floor trader, he now has a wealth management firm.
     
    #101     Jun 28, 2015
  2. wrbtrader

    wrbtrader

    Basically you're saying that your current mentors are not able to help you expand into an area of trading you're interested in getting involved with and you need to add another one to your team.

    I'm now curious what it is that's missing in your trading ?
     
    #102     Jun 28, 2015
  3. J_Smith

    J_Smith

    I am intrigued by the thought process of "experienced" traders" in relation to "mentors"!

    If a person can make X amount of money trading, why does that person think that "listening" to what someone else has to say will enable them to attain 2X, 3X, 5X, or whatever multiple is in their mind.

    Would it not be better to spend the money (as I take it that mentors charge) on improving ones trading - by trading!

    If a person has any information of "real value", would they share it with others and reduce its value!

    No disrespect to the OP - just a general remark.

    J_S
     
    #103     Jun 28, 2015
  4. wrbtrader

    wrbtrader

    I'm not interested in if mentors are good/bad, value/no value or what happens when that value info is shared...those types of discussions almost always lead to debates.

    I'm just interested in knowing what is missing from his trading considering he's a well rounded trader, experienced traders that's trading in a work environment that seems supportive of what he's doing. Most traders do not have such a supportive environment at work or even those trading from home.

    Hopefully, the thread doesn't turn into "lets talk about mentors" and instead talk about what he's looking for now in his trading that he feels is lacking.

    Details please about what's lacking in his trading. :)

    P.S. Crazy gap down in the Emini Futures on Sunday's open and crazier price actions in other key markets. Yep, its Greece info.
     
    Last edited: Jun 28, 2015
    #104     Jun 28, 2015
  5. djmartin

    djmartin

     
    #105     Jun 29, 2015
  6. djmartin

    djmartin

     
    #106     Jun 30, 2015
  7. djmartin

    djmartin

     
    #107     Jul 1, 2015
  8. djmartin

    djmartin

    Today is a perfect day to review your trading. Its also a great day to backtest.
     
    #108     Jul 3, 2015
  9. djmartin

    djmartin

     
    #109     Jul 4, 2015
  10. djmartin

    djmartin

     
    #110     Jul 6, 2015