461: 25 Years Of Full-Time Trading - Anthony Crudele
Jul 1, 2024
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Seasoned Futures trader Anthony Crudele shares insights on trading strategies and mindset after 25 years of experience. Topics include mentorship, avoiding overtrading, using Bollinger Bands, maintaining a long-term perspective, and bouncing back from bad trading days.
Having a well-defined strategy and sticking to quality setups is more effective than chasing daily profits.
Emphasizing the significance of long-term consistency in trading success by setting realistic expectations and avoiding immediate results.
Deep dives
Anthony Crudelli's Journey into Trading
Anthony Crudelli, a full-time futures trader with over 25 years of experience, shares his trading journey starting from his accidental entry into trading after a car accident and becoming a member of the Chicago Mercantile Exchange. Starting as a runner, he eventually transitioned to trading on the screen where he found his niche in E-Mini S&P Futures. Crudelli highlights the importance of mentors in shaping his mindset and understanding of trading, emphasizing the long journey of learning beyond just technical skills.
Maintaining Success in Trading
Crudelli emphasizes the significance of long-term consistency in trading success, stressing the need to set realistic expectations and avoid forcing immediate results. He discusses the challenges of sustaining success over time, acknowledging the fluctuations and uncertainties inherent in trading. By prioritizing patience, self-awareness, and a commitment to evolving as a trader, he navigates through market changes and personal challenges to maintain a balanced approach.
Trading Style and Routine
Crudelli describes his trading style focused on utilizing Bollinger Bands and identifying market environments like range expansion, trends, or mean reversion. His approach involves simple tools like order flow analysis and RSI for short-term execution while emphasizing the importance of mindset, position sizing, and following a structured trading plan. By staying disciplined and patient, he aims to optimize his trading decisions and avoid overtrading based on short-term market fluctuations.
In episode 461 of the Desire To Trade Podcast, we will be listening to the recording of an interview with seasoned Futures trader, Anthony Crudele, and he shares experiences from 25 years of full-time trading. Learn why having a well-defined strategy and sticking to quality setups is more effective than chasing daily profits.
The video is also available for you to watch on YouTube.