It’s that time of year again. The summer doldrums are ending, and everyone is going back to school. Now is a great time to do some personal housecleaning and mindful accounting.
It’s a fact: People who play an active role in their own education make a huge difference in their own success.
Here are some trading school tips and reminders of things you can do to prepare for the upcoming active trading year:
For many new Indicator Warehouse traders, one of the biggest fears is “Will I like my new teacher?” Breaking the ice early on is one of the best ways to calm your fears. Take advantage of our open door policy. Erich Senft, our trading school lead trainer, welcomes e-mails, and even more importantly loves questions and interaction in the trade room.
Familiarize yourself with all the resources available to you. Have registered for the daily morning trading/training sessions? Have you explored the training in the IW Member Area?
A good trading friend can make all the difference when heading back into trading. Have you signed up for the IW Facebook user group community?
Review your trading school checklist. Having the right tools will make all the difference. While keeping the basics in mind, allow for a couple of system add-ons or splurge on a complete trading solution. Having reliable trading tools makes trading a lot more fun.
Switching from a summer to a more active trading schedule can be stressful. Make sure to set the alarm clock, go through your morning rituals, and get into your office on time. Routines help people feel comfortable, and establishing a solid trading routine will make the transition into active trading season go much smoother.
Remember a little bit of practice goes a long way when learning new trading tools. Take some time and get comfortable with new trading software before diving into real money trading.
Join our free Trading School. Register Here.
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LIVE TRADE ROOM DISCLOSURE: All presentations, videos, and information are for educational purposes only and the opinions expressed are those of the presenter only. All trades presented should be considered hypothetical and should not be expected to be replicated in a live trading account.
Commodity Futures Trading Commission Futures and Options trading has substantial potential rewards, but also significant potential risk. You must be aware of the risks and be willing to accept them to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS, IN GENERAL, ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
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