When you are a trader it can be very lonely at times. When I first started and I was studying online I felt I needed a community to help me along on my journey. It always helps to know that there are others that have walked in your shoes or can sympathize with what you are going through and the emotions you might be feeling.
Just like when someone goes through a divorce, they feel like them might be the only person that is feeling this pain and difficulty in life. The reality is that many people have dealt with divorce. If you speak with others it can help lift you out of your personal funk and downward pyschological spiral.
All that said a trading community can help you with your trading in my opinion.
Connect with a community
There are more trading chat rooms and trading rooms and stock education platforms out there in which you can share with others. I know that for me the first community of traders I entered was a filled with a bit too much testosterone and one up man ship. Who was the best? That mindest was not the best for me because it made me feel poorly if I had an error in the beginning.
I then reset and joined a second trading community that offered 3 different points of views instead of just one traders viewpoint. This really helped me to learn that your winning strategy has to mesh with your capital that you can commit, your timeframe you can commit and your risk tolerance.
This acceptance by a community of traders virutally is great, however having a chance to meet with them in person is even more fulfilling. That was the whole reason why I developed the Modern Traders Summit.
The Basis of the Modern Traders Summit is for traders to come together in a real life atmosphere to share their experiences, their techniques and connect in person. The first trading seminar I went to was a year and a half into my day trading career and afterwards I realized that if I had visited one in the first 6 months I could have streamlined my learning curve.
So in 2018 the Modern Traders Summit was born to bring positive traders to speak to other traders and interact. This is not your sales pitch type summit it is to help other traders and really allow you time in person with some bigger names in the trading world. There will also be a live trading day on the second day so you can see them in action. No putting them up on a pedestal, they are right there with you to help you.
This year it will be held in Philadelphia Sunday and Monday July 12,13th right in downtown by city hall. Seats are limited and selling out quickly, so make sure to reserve yours before we sell out.
The Power of Positivity
There are two methods of thinking the Glass Half Full or the Glass Half Empty. Do you have the scarcity mindset? Do you worry about not having enough money or enough free time? You have the ability to change that and it comes with the people that you surround yourself with on a daily basis.
If you find yourself in a trading room that does not fulfill your positive thought tank of yourself or your thoughts then maybe you need to assess if it is the best for you. I know I went through that in the beginning of my day trading.
You can beat yourself up or you can have environment that says hey learn from your mistakes you are along the way in your journey. You are new or learning a new strategy be kind to yourself and know that no one was perfect at the start.
There is so much pyschology in Trading and if your trading community isnt giving you the ability to self reflect in a positive way, then do you want to stay there?
I mean do you think that Surgeons knew just what to do their first day of medical school. I highly doubt it and you do yourself an injustice when you look yourself in the mirror and you tell yourself you suck or your are awful because you had a bad trade.
All that being said I want to tell you the traders that I mesh with the most in their positive environments.
Top Chat Rooms
Some people say chat rooms and I prefer to say trading room. The top trading rooms to me are
- Free Trading Room Hosted by Trade Ideas
- Training Pit
- Java Pit
- Bulls on Wall Street
- Bear Bull Traders
- Real Life Trading
All of these are run my amazing people that have the vision of abundance and wealth for everyone in their trading communities. They are all Positive environments.
Has been set up to help traders in understanding how Trade Ideas Software can help you profit. There are some amazing traders there that help fellow traders on a daily basis from the goodness of their hearts. There is no negativity allowed by Barrie the Moderator. For a newer trader that might want to learn a bit before they can afford the scanning software or the costs of a trading room it is a great first step.
The Training Pit – a Teaching Trading Room
The Training Pit, run by the Stock Whisperer Trading Company, is where I am one of four teachers that help new traders learn from zero knowledge or those that really want to reboot their trading to learn to trade around the darkpools. We take nothing for granted and teach you from the ground up. (What is a Stock, Brokers, Setting up Software, Which Brokers to Choose, Daily Whisper, Daily Whisper Video, Over 40 live webinars a month, and the webinars are able to be downloaded if you miss them live while you are a subscriber ) This trading room is $99 a month
The Java Pit – Advanced Trading Room
The Java Pit is also run by Stefanie Kammerman the Founder of the Stock Whisperer Trading Company. The Java Pit is not a room for a beginner as you definitely need to understand timing of trading, how to trade stocks, options and trading around the darkpool. If you are interested in joining the Java Pit you can email Stefanie ( Stefanie@thestockwhisperer.com ) and she might recomment Boot Camp to complete all the requirements stated above.
Bulls on Wall Street – Day Trading and Swing Trading Room
Bulls on Wall Street is run by Kunal Desai and Paul Singh. Kunal and Paul are two individuals that want to help many traders expand their knowledge and break down trading into simple strategies to profit. They offer free training and ebook as well for newer traders that want to learn more about trading. $199 monthly to $1499 annually
Bear Bulls Traders – Day Trading Community established to help new traders
Bear Bulls Traders was founded by multi best selling author Andrew Aziz. Andrew came to trading after also being laid off and looking for a career in the trading world. Andrew likes to emphasize risk management and helping others in his trading community as he was also a newer trader at one time and enjoys hearing the success stories of others. Pricing ranges from $99/ Month to $1999 for lifetime access. They have offered anyone a 10% discount on the one time lifetime access with SEEJANETRADE code when you sign up.
Real Life Trading – run by one of the most positive people I know
Jerremy Alexander Newsome is one of the most positive people I have met. He grew up working hard for his capital that he used for trading. Again as most professional traders Jerremy concentrates on simplistic strategies for traders to profit. Talking about R – risk and banking R month after month with proper risk management. He is a Jerremy of all trades and also hosts his own Traders Summit (use JANE to save 10%) as well as his own trading book. $199 monthly for afternoon access, $249 monthly for morning access and a package of $349 monthly for AM, PM and Options Newsletter.
I love hearing feedback, so please share. You can also contact me on my social media accounts Twitter (@ItsAirplaneJane), Instagram (missairplanejane), LinkedIn and Facebook (@sugarairplanejane) or YouTube
The tool I use for scanning and alerting is Trade Ideas who offer an always free trading room. You can receive 5% off with Promo code CARPEPROFIT15 all caps when you sign up here for your first year or month
Trade Ideas will be offering the quarterly full access test drive of their software their software in Nov 2019 for the cost of data fees $9.
Another amazing software is Trendspider that has a new innovative rain drop candlestick that shows the volume for the morning session and afternoon session as far as the weight of it in price action. You can try them for free for 7 days here and receive 20% off with MTS20
My book is available at Amazon FMJ Trust Transition Trade: How Successful Traders Said It, Did It, and Lived It . As well as Barnes and Noble, Indigo, Chapters,and more.
For my charts I use Tradingview which offer free charting and paid services.
This blog is for informational and educational purposes. I am not a registered securities broker-dealer or an investment adviser. The information here is not intended as securities brokerage, investment or as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any security or fund.