Posts Tagged trading setup

What does your Trading Desk look like?

What does your Trading Desk look like?

I was looking online to see what people's trading desks look like.. I wasn't interested in the big banks and prop houses but for those people who trade privately. Here is what I found: Now this one was impressive.. I count 24 screens. It looks way extreme and how on earth do you focus your two eyeballs on so many screens? 3 screens and a laptop. Sometimes having multiple machines is a good idea just in case one machine conks out. The desk is a little cluttered but I like the ins

March 26, 2011 2 Comments Full Story

Trading progress, trading psychology and a trading setup library!

Most traders have a few or just one trading setup which they execute over and over again. A trading setup is when there is a predefined condition on the traded instrument which signifies and entry and exit. The most successful traders are those that know their trading setup has a positive expectation overall and are disciplined enough to run the same trade over and over again when the conditions are right. I have read a lot of trading books and I think the key to becoming a trader is firstly

May 24, 2008 1 Comment Full Story