Trading Wisdom from John in 2022! Since the fall of 2012 John has been trading many of our trading strategies. He is a successful trading veteran who generously shares his knowledge with other traders. He also trades other people’s money which he has found is particularly difficult this year. Listen and learn why.
Click here or in the video below to meet John and learn from his experience.
Trading other people’s money is messy.
Mostly because if they knew how to trade they would do it for themselves. Since they don’t know how trading works, a person who trades for them has to teach them what to expect.
Trading with the butterfly tool set, campaign style trades can be difficult to explain why their bank statements don’t make sense.
Some things John mentioned to stay accountable:
-Maximize the knowledge of his trading toolbox given the market conditions
-What can I improve on
-Following my trading plan
Another tip that John shared for simplicity he uses the 20-day simple moving average as a barometer to put on trades like the M3.4u or X4V17 or M3 or X4V22. Listen in to learn how!
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