I learned the basics of trading by taking courses offered by Investools, but lacked the discipline to consistently follow the rules. Also, the option trading techniques taught by Investools involved a lot of complexity and were difficult for me to master.
I then tried gap fading techniques like those promoted by Scott Andrews of Master the Gap, but found that approach to be unsuited to my personality. I wanted to learn a more discretionary, "hands on" approach to trading.
After that, I spent some time learning how to trade using Ichimoku indicators because I read that they produced a high success rate. But before rolling out a trading strategy using this technique, I was exposed to price action trading. This approach to trading seems to offer the "edge" that I have been looking for. So now, before spending real money, I am working very hard to learn as much as I can about price action trading and I am developing a trading plan that I intend to begin paper trading within the next few months.
- Real Name
- Terry Burton
- Occupation
- Lawyer
- Country
- United States
- Gender
- Male
- Preferred Trading Style
- Scalper
- Preferred Trading Methodology
- Price Action
- Preferred Market Regions
- US
- Preferred Markets
- Indices
- Preferred Stockbrokers
- Interactive Brokers
- Preferred Futures Brokers
- TradeStation Securities
- Favorite Trading Books
- Trading Price Action series by Al Brooks, Forex Price Action Scalping by Bob Volman, The Psychology of Trading by Brett Steenbarger
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