Business
Trading stocks, futures and options in 2017 is much different than it was 20 years ago. With technology and lightning-fast access to brokers, almost anyone can trade from the comfort of their own home.This only leaves one problem: You’re among a sea of traders, but you’re still all alone.Today, I speak with Warren Lorenz of TechMeetsTrader, who has created a social network for self-directed investors. We cover some interesting topics including:> Where to find great option trading strategies> How experienced traders look for trade entries; without indicators> How to identify the best stock options (the ones that give us our edge)> The benefits of a positive learning environment> Why, sometimes, even the best option trades lose and why that’s OKAY1:35 Meet Warren Lorenz of TechMeetsTrader8:20 The process of getting raising fund for a unique social network11:00 Tech Meets Trader - The Mission13:30 A positive learning environment - controlling the community15:00 What is the most important thing we can learn from losing trades?17:30 Can you fish? How to trade for a lifetime19:30 The Casino mindset; Tilt the odds in your favor20:30 Money management secrets of the Professionals21:30 $XRF - The anatomy of a IPO Lock Up24:40 “It makes sense… and that’s giving us an edge.”25:30 BOOM! The Edge Pays Off..26:15 $AKS, $X Sometimes trades don’t work. Why did you enter?28:48 Trade with conviction, learn from your mistakes29:50 Protect yourself; limit your losses and manage your position31:35 Where the founder of TechMeetsTrader turns for tips of the trade36:10 He who trades the least and the silliness of F.O.M.O38:00 Trading vs. Investing. What’s your plan?39:40 Blockchain Technology meets the trading community?42:15 A trader’s value in a social network community44:10 Building credibility45:45 Taking chances again, and again, and again...Links Mentioned:TechMeetsTraderTechMeetsTrader’s PitchWhat TechMeetsTrader is all aboutFREE STUFF?!?! Be sure to head to https://activedaytrader.com/tradingschool/ and grab this week's freebie!