Full-time trader Aaron Luce from Queensland, Australia, shares his journey from trading CFDs to gold futures. Aaron talks about the emotional and psychological aspects of trading, emphasizing the importance of consistency, emotional management, and a structured routine. Key insights include the significance of higher timeframes, recognizing market conditions, and the art of patience.
Aaron also highlights the value of journaling, simplifying trading strategies, and transitioning to futures. His advice for aspiring traders focuses on managing expectations and continuously learning from experiences.
Podcast Interview
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Interview Link
YouTube: @Aaron.trades
Aaron’s Trading Strategy
Key Lessons
[05:38] When you go full time, trading is probably the most stressful career in the world.
[07:00] There’s so many things in trading that you can’t necessarily teach.
[11:04] Think of trading in a long run.
[11:11] Your job as a trader is performing well in the next month, the next quarter, over the year.
[11:58] Just focus on becoming the best trader you can possibly be and the money is the byproduct of that.
[13:45] Focus on letting your trade actually breathe, build up a good couple of hundred trades and then start to look back on them.
[14:53] Just focus on becoming a good executor. Remove all the hesitation. See the trades, see the setup and just press buy or sell.
[18:00] Don’t go strategy hopping when you have good backtesting results.
[24:02] Day trading is stressful, it’s hard, it’s never easy.
[29:32] Your job isn’t to be right every single time. Your job isn’t to predict the market. Your job is simply to react to which ever where the markets are breaking out and just execute well.
