The Mind of a Day Trader

Hey guys. I got a question the other morning from a trader who's struggling to "break into the community", he says he's been trying to contact other profitable traders and guys he wishes he was friends with. However he isn't getting a very welcomed response from these guys, he doesn't know why, and he is frustrated. So. How do you work on this? I'll use my personal story of how I did it to kind of narrate a general guideline of what it takes in my experience. The amount of effort and work involved is astronomical, so be prepared for that if this is the route you're going to try and take. I'll explain how I went about building a follower base, and how I was able to create friendships & trading relationships with some of the guys who I considered "idols" when I was starting out. Q: What is the most effective way to network? A: Know somebody. They'll plug you everywhere, introduce you to the right people, and give you immedia...

So I've been getting some interesting DMs the past day or two, in reference to me joining the Investors Underground team. These individuals largely know me as an "independent" since my inception - I've never attached my name to anyone, so why am I doing so now with IU? Lets clear a few things up. For starters, I will NEVER stop producing free content for the trading community. Ever. You can hold me to that, it's a promise. My IU Watchlists and Blogs will always be free content available to everyone. If you've been following me for a while and keeping up with my journey via the blog, then you know I am many things. However one thing I am not, is a bullshitter. I don't sugarcoat anything, I don't tell you anything I don't actually believe, and I don't tell you trading is easy, is a matter of fact I go as far as saying it's downright one of the most difficult things you could possibly try to do for a career. Point being everything I sa...

Hey guys. Thank you to everyone who submitted a question on Twitter. I'm going to go through them all here and touch on each one briefly. Lets get right into it. _________________________________________________________________________________     First off regarding screens, a few months back I bought one of these and it was the best decision I've ever made, the thing is just absolutely fantastic. Highly recommend if you've got a bunch of smaller monitors cluttering your desk, this replaces 4-6 of them. Buy two of these and you're completely set. I run 8 separate virtual screens on just one of these Dell monitors, and I've got a few different things up. I have DAS and Sterling up which take up about 50% of it. I watch 8 charts at a time, more than that I find to be a distraction. I use DAS for executions & charting, and Sterling through another account just for executions. Sterling charts suck. So 50% is taken up by 8 charts & montages, the rest is ...