I received an email recently from a newish trader who was asking for some trading career advice. I thought I’d turn my response to him into a blog post because there are probably many out there with the same or similar questions.
And considering my trading career has been anything but a smooth upward assent, I feel like I can empathetically relate to the urgency of his questions because I have some serious misgivings about where I spent energies early in my career, and more importantly where I did not.
Here are his two questions:
- If you had to start all over again, what would be the 20% you would focus on in order to make up for 80% of your results?
- What are the things you’d absolutely avoid being a beginner in swing trading?
My answer to both might surprise you [Read more…]