In my 20 or so years of trading, one of the most common questions I receive is, “How can I trade successfully?” There are many products and services out there. Trading can be confusing as it is. Fortunately, I had the opportunity to trade at a well-respected U.S. firm where I learned from the best and was in a position to be at the forefront of developing techniques I still use to this day. Keep reading and I’ll let you in on some advice. Here’s an early hint: finding a day trading coach is the best way.
In reality, there are about two main ways to become a trader.
One method is to do everything yourself. Spend countless hours, days, weeks, and even years trying to figure out what the market is doing and how you can consistently find winning trades. This is a long, expensive road. Do you have the free time to dedicate to learning properly? What about the “10,000 hour rule” for becoming an expert? Do you have endless supplies of cash for trial and error in live markets? Even if you stick to simulated trading entirely, you will need to put yourself into simulated positions on an almost daily basis in order to learn all the ways the market can move (and how you can best counter that movement). There are a ton of books and learning resources out there. Do those strategies still work? Were they tested? Are today’s markets different?
The day trading coachj way is better. Consider a capable mentor who has already put in the time and money, and has refined his approach based on trading his and other peoples’ money, plus the added benefit of feedback from his students. Decades of trading wisdom is priceless. Also, a good teacher knows how to break down information into understandable portions. Sometimes, trading instruction can be way too technical. A slow, steady, cumulative approach tends to work best.
Ready for a Day Trading Coach?
For over a decade, DayTradeToWin has lessened the learning curve and cost associated with becoming a trader. We have designed a number of products for this purpose. In fact, we offer an eight-week Mentorship Program specifically designed from turning both inexperienced and experienced traders into capable market strategists who can tackle the highs and lows every day. All training is conducted live by a day trading coach in a webinar format. No filler content is added – it’s all based on tried and true methods.
To learn more, visit the official Mentorship page. Group Mentorship classes begin about every month. The one-on-one program can almost begin at any time.