Titans Of Tomorrow Ex-Floor Trader: I Trained 100s Of Trader, Here's What ACTUALLY Works
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Jun 1, 2025 In this engaging conversation, James Thorpe, a seasoned trader with over 25 years of institutional experience, reveals the nuances of trading psychology and the distinction between professional and retail traders. He underscores the importance of emotional management, risk discipline, and evolving strategies in response to market changes. James also discusses the relevance of intuition versus systematic approaches and shares insights on what truly makes a successful trader, blending personal anecdotes with the complexities of the trading world.
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Information Access Is Universal
- Professional and retail traders mostly access the same market data and charts.
- The belief that others have more information is a misconception.
Hands-On Trader Mentorship
- Managing a Shanghai trading group involved extensive daily monitoring and mentoring.
- Senior traders helped juniors control risk and improve performance actively.
Prioritize Risk & Psychology
- Focus on risk management and trading psychology, not just technical analysis.
- Trade smaller sizes to reduce pressure and allow longer education time.