State of the Markets

#Richard Moglen - The Trader's Handbook

Jul 1, 2025
Join Richard Moglen, co-founder of TraderLion and author of The Trader's Handbook, as he shares his journey from university to trading success. He reveals the inspiration behind his interactive guide for aspiring traders, emphasizing risk management and practical strategies. Moglen discusses the significance of DeepView software in trading analysis and the importance of mastering market participation. He highlights effective trading strategies, including reading market context and understanding the psychological aspects that drive financial decisions.
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ANECDOTE

Richard Moglen's Trading Origin Story

  • Richard Moglen began trading in late 2018 while studying mechanical engineering at the University of Maryland.
  • A pivotal stock market and technical analysis class in 2019 ignited his passion for trading and shaped his process-oriented approach.
ADVICE

Start Small and Learn Continuously

  • Start trading by reading foundational books and trading with a small real-money account to feel real emotions.
  • Use losses as learning experiences and continually revisit educational resources to improve.
INSIGHT

Trading Suitability and Commitment

  • Not everyone is naturally suited to trading, but skills can be learned if one is dedicated.
  • Time commitment and temperament play crucial roles in trading success.
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