Trading Academy

Trading Interviews

A little while ago, I decided to approach some well known traders to help me make you a better trader. I can explain things in certain ways but some others may it explain it better or in a different way which makes your understanding greater.

With this in mind, I thought I would write up some questions and contact some people I knew in the trading industry for them to reply and provide their own personal thoughts on a number of important issues. The questions were broken into three parts, as follows:

1. Background Info / Introduction
2. Trading Plan
3. Trading Mindset

Below is a list of some of the people interviewed (there are many more to come). I am sure their responses will help you, so please support them by visiting their own websites and seeing if they can help you further. Enjoy …

 

Ray Barros
Well trading is easy in that the steps to success are well laid out; it’s difficult in that the steps we need to take our contrary to human nature.Read more …

Joe DiNapoli
Traders need to pull the trigger, therefore they need a straightforward approach. In my teaching, I see over-complexity as one of the biggest reasons for failure. Read more …

Brent Penfold
Being mechanical helps to manage my emotions. Usually if people find they are riding the outcome of an individual trade they are risking too much of their account.Read more …

Jim Wyckoff
I’ve learned through the years that too much complication and too many inputs to a trading plan can cause confusion, frustration and lack of winning trades.Read more …

Michael Milligan
Trading is not difficult. What is difficult is the discipline and commitment that trading requires.Read more …

Chris Perruna
95% of all aspiring traders will fail because they can’t master their own psychological emotions which translate into poor trading habits.Read more …

Mark Kelly
I do not think trading is difficult, what is difficult is the discipline it takes to get it correct. Just like exercise and eating correctly, they are not difficult, any one can do them, but most don’t as it takes discipline.Read more …

Bill Wermine
Try not to get excited about profits or upset about losses. Just accept them and move on to the next trade.Read more …

Nial Fuller
Trading is a game of probability – the aim is to make money over a large number of trades, not to win 100% of the time and certainly not to make as much money as possible from each and every trade.Read more …

Michael Harris
Motivation, or inspiration, is not enough to trade well. You need a winning trading methodology, discipline and sound risk and money management.Read more …

Frank Dilernia
I have a plan, and I know losses are part of the game. The only time I get angry is not with the market, but with myself when I don’t follow the plan.Read more …

Lionel Silva
“For people accustomed to making money as an employee, trading is very different and requires them to be much more successful for their success.”
Read more …