We’ve all experienced the effect of a mentor, whether it is a teacher, coach, or colleague. These are the 10 top traders that have played the biggest role in my trading, both as an inspiration and through their teachings.
All posts by: Tim Racette
Whether you are new to futures trading, or been trading futures for years, it is imperative that you fully understand the fundamentals of how the market works. Here I’ve outlined some basic concepts along with specific details of the S&P500 (SP) and the E-mini S&P (ES).
The main reason people fail at a new venture is a lack of experience. Entering the world of trading, you are up against the best and brightest minds in the world that have years and year of experience on top of you. The #1 tool that can help speed up the learning curve is the implementation and use of a trading journal.
Here are some links to my 2009 Trader’s Expo presentation on Creating A Trading Plan. Feel free to use them as a GUIDELINE.
You will find them most helpful if you modify them to fit your own personality. They are yours to use for free.
Price speculation has been around for hundreds of years; long before the existence of electronically traded markets like the NASDAQ and CME Globex. Ironically the fundamentals of trading have not changed, what has changed are the vehicles in which we use to trade.
The following are some of the best Podcasts for traders on the subjects of Trading, Trading Strategies, Economics, Libertarianism, Real Estate, and Entrepreneurship. EconTalk Trader Interviews Bloomberg on the Economy The Real Estate Guys Entrepreneurial Thought Leaders