Band of Traders - Together We Trade Old Habits Die Hard - Roundtable
In this episode, we dive deep into the intricate world of trading. Baba updates us on the recovery efforts in South Carolina and we explore the mental resilience required to overcome personal trading challenges, along with effective trading strategies. Our hosts candidly discuss slipping back into bad trading habits and share invaluable insights on maintaining a positive trading mindset amidst market fluctuations. Emphasizing self-awareness and emotional resilience, they reflect on their trading journeys, highlighting both setbacks and progress. The conversation also touches on the significance of trading on one’s own terms, recognizing market conditions, and finding personal growth beyond trading. Join us as we explore how to navigate the trading landscape, build a supportive trading community, and maintain a balanced perspective for long-term success.
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Baba Yaga:
Solving problems, helping set goals, and refining processes is the bulk of Baba's passion. He does that in many contexts ranging from nonprofits to real estate firms and everything in between. He focuses on market structure through the lens of TPO charting and executes based on volume, misplaced large orders, and delta. He loves the opening range breakout and typically trades the market from the “inside out”.
Perdue:
Perdue is a resilient and successful small business owner who wears the hats of a dedicated father and husband with pride. Perdue's journey hasn't been paved with ease; instead, he is a testament to the belief in hard work, discipline, and the doggedpursuit of one's goals.
Not just a successful business owner; he is also a seasoned trader with a diverse set of strategies. Countless hours spent backtesting and refining these strategies reflect his meticulous approach to trading. His dedication to mastering the craft positions him as a valuable contributor to the trading community. As a firm believer in the "Grind," Perdue chose to embrace putting in the work and serves as a example of how dedication and self-belief can propel you to great heights.
A self-taught, no-nonsense trader, Perdue is unwaveringly supportive, but he doesn't sugarcoat the truth. His belief in discipline and hard work is not only evident in his own journey but extends to his interactions with others. When Perdue recognizes these qualities in fellow traders, he goes above and beyond to offer support, especially when they are navigating through challenges.
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