It wasn’t so much the lack of information, or the connectivity, or even the incredibly low transaction costs; it was the silence. That deafening silence.
When I left the trading floor (for the first time) and began trading as a retail trader, there were a lot of changes I had to get used to. But really it was the silence and lack of communication that was the toughest thing.
On the trading floor, when some market-moving news came out I could hear the roar from the SPX pit, just 100 feet away, erupt in a flurry of activity. That’s when I knew something was going on it was time to trade ‘em up.
There was a lot of support on the trading floor among my peers too. If I ever had any question (really, about anything trading related) I had 1,000 of my closest trader-friends standing around me that I could ask. There was safety in numbers. But sitting alone in my office behind my computer after leaving the floor made it a lot harder. No information from the crowd. No support group. I was going it alone and that’s how I felt: Alone.
This is also some of the feedback I get from my students over and over again. It’s hard to go it alone. So we at Market Taker Mentoring are creating an Elite Trader Community just for our traders: just for YOU.
In a few weeks, we’ll launch a state of the art Trader Community. I can’t show you anything from it yet (It’s still TOP SECRET!). But we’ll be unveiling it in just a couple weeks. So keep an eye out for more information.
In the meantime, we could use your help. We’d really appreciate if you fill out this super short, 5-question survey below…
CEO, Market Taker Mentoring, Inc.