This is How You Become Consistently Profitable

Posted by TopstepTrader on February 20, 2018

Being consistenly profitable should be the goal of every trader. It's not about turning a $10,000 account into $1 million as quickly as possible. It's possible, but that will be the same mentality that will force you to turn a $1 million account into $10,000.

As much as you may tell yourself that you'll add risk management when you have a big bankroll, you won't. Instead, great traders are made in the base hits and small gains.

Recently, Anthony Crudele, host of the Futures Radio Show, sat down with trader Rayner Teo to talk about his experience trading and work towards finding that elusive consistency. 

Here is Rayner's advice.  

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Topics: Trading Basics, Forex, Futures Radio, Futures, Anthony Crudele

The Steps to Go From a Losing to a Winning Trader

Posted by TopstepTrader on January 25, 2018

If you don't relate to Anthony Crudele's story, you haven't been trading long enough. Anthony knows what it is like to blow up a trading account. He lost three $25,000 accounts when he first started trading - $50,000 of which was borrowed money. Then, on the last $10,000 he borrowed from his aunt, he finally got it

In this week's Limit Up, Anthony talks about his early struggles, what he now knows that he was doing wrong, and how he turned his trading around - going from someone deeply in debt to paying that off and buying his own seat on the Chicago Mercantile Exchange (CME). 

Check it out, and be sure to subscribe to Limit Up on iTunes, Google Play or Soundcloud to get the fresh episodes each week delivered to your inbox. 

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Topics: Trading Basics, Limit Up!, Forex, Futures Radio, Futures, Anthony Crudele

Real Life Billions: How to Trade Well by Embracing Your Emotions

Posted by TopstepTrader on December 05, 2017

Denise Shull is the inspiration behind the Wendy Rhodes character on Showtime's Billions. In Billions, Wendy is the glue that keeps hedge fund manager Bobby Axelrod from falling apart. In one episode, she connects his $400 million loss to how he treated his dying friend, clearing his head and allowing him to get back to his primal instincts - making money.

In a less dramatic way, that's what Denise does. She says that the prevailing image of an emotion-less trader predicting the market's next turn is a bad myth she's on . Instead, traders need to embrace their emotions in order to trade well. 

In this episode of Futures Radio Show with Anthony Crudele, Denise gives so much insight about the human brain and how traders can move past those emotional roadblocks to make better trades - and ultimately, to profit. 

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Topics: Trading Basics, Futures Radio, Trading Psychology

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