Young traders from around the world are showing us older folk how it’s done. Connor Skeet, from the UK, is one such trader.
Already managing money, after only taking the BabyPips free course?!? Okay, so there’s a bit more to it, which you can learn about in the episode you’re about to devour.
If the name sounds familiar, Connor featured briefly on the first episode of Scalper vs Scalper. While he didn’t do so well (probably because he’s a swing trader) his trading buddy and business partner, Aaron, made it to the final.
Connor’s story is unique and will give you ideas on how you could better approach your journey, as well as solid education in the video we shot after the interview. Enjoy!
Podcast Interview
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Interview Links
Instagram
– @ConnorSkeet
– @LTATrading
Recommended Book
Rich Dad, Poor Dad by Robert Kiyosaki
Broker & Platform
IC Markets
MetaTrader 4
Connor’s Trading Strategy Explained
Key Lessons
[08:36] You should not just focus on one person’s advice. You should ask multiple people.
[22:12] Always stick to your trading plan.
[25:18] You need to backtest to develop as a trader.
[31:11] Take it slow. Stick to your trading plan. Read about psychology and your emotions.
[31:29] Nothing in life comes quick.
[31:55] If you don’t have a trading plan, create one.
[32:00] Stick to your risk management, create a trading journal, and trust the process.
[33:10] Find yourself a trusted mentor and a course.
[34:29] Learn from your losses and understand why and how you lost.
[35:08] Keep track of your own emotions.
[39:17] Trust the process, never give up, and treat trading as a business.