ilmscore | Pro Trader Answers the 13 Most Common Trading Questions

Predictions from this Video

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Unrated: 0
Prediction
Topic
Status
Market events on the scale of the GameStop short squeeze are once-in-a-lifetime and are not expected to be repeatable on a frequent (weekly, monthly, or even annual) basis.
"it's not something you can repeat on a weekly basis certainly not even on a monthly basis probably not even on an annual basis when was the last time we saw a move as big as Gamestop um we haven't GameStop was crazy"
Market Events
Pending
New traders entering the Futures or Forex markets will find themselves competing with highly sophisticated high-frequency trading algorithms.
"I would caution you that when you try to trade the Futures Market or you try to trade Forex pairs the US dollar to the euro you're going to realize that you're competing against some of the most sophisticated highfrequency trading algorithms in the world"
Trading Markets
Pending
Traders will inevitably experience financial losses during their learning phase.
"you're conditioning yourself to experience loss because you will experience losses as you're learning"
Trader Development
Pending
Becoming comfortable with significant financial losses in trading is a process that will take considerable time, not happening overnight.
"you're not going to be there overnight"
Trader Development
Pending
Many traders will need to experience a 'rock bottom' financial moment before they are able to significantly improve their trading performance.
"I had to hit rock bottom before I turned things around and I hate to say that I think that that needs to happen for a lot of people but but I think it is true"
Trader Development
Pending
Increased discipline in trading will lead to both greater financial success and personal development.
"the better you get at being disciplined in trading not only will you make more money you'll be a better person"
Trader Development
Pending
Pre-existing aptitudes such as computer proficiency, fast typing, and good hand-eye coordination are likely to be advantageous for aspiring traders.
"personal aptitudes that I brought to the table which have certainly helped me and if you have them will likely help you as well"
Trader Aptitude
Pending