The AlphaMind Podcast
Mastering trading is not about mastering markets but mastering yourself. The AlphaMind Podcast focuses on the 'Trader Self'. We look at the person doing the trading, their interactions with the market, the impact the market has on them, and the skills, actions and activities needed to navigate their way through the complex and uncertain terrain of financial, commodity, energy and crypto markets.
The AlphaMind Podcast
#126 Steve Miley: Technical Trading, Joining a Prop Firm, Achieving Prop Success
Steve Miley has a lifetime of experience in trading. He’s been a trader, an analyst and a mentor. He’s worked at some of the world’s leading trading firms, including investment banking giants Merrill Lynch and Credit Suisse, having originally worked on the LIFFE trading exchange in the times of open outcry floor trading.
Steve is still active in all these fields, and now is involved with one of the new breed of Online Prop Trading firms called Tradeday, where prospective traders have to pass an exam prior to being giving a small sum of capital to trade.
In this interview with Mark and myself, Steve shared a lifetime of experience, including reflections on how best to use Technical Analysis and apply it into your work as a trader.
This is one of those interviews where you’ll hear great insights which could be valuable to you in your own work as a trader. This includes:
· Understanding the edge of doing and applying good Technical Analysis, whereas most people are doing bad technical analysis which then undermines their trading,
· He also shares some insights about the challenges traders face after they’ve been successful on a simulated environment, versus the trading they do with real money after having passed a prop trading entry test.
· The emotional challenges of trading and dealing with losses and setback, and how this impacted Steve’s personal life.
You can find out more about Steve and Tradeday at the following links.
Steve Miley
Linkedin: https://www.linkedin.com/in/stevemileymarketchartist/
Trade Day
Website: https://tradeday.com/
Linkedin: https://www.linkedin.com/company/tradeday/
Twitter:https://twitter.com/TradeDayFunding
AlphaMind: Powering Performance in Global Markets
AlphaMind brings powerful change, growth and development to people and businesses within global markets.
Driven by a deep understanding of how markets work, and how people and businesses function within them, we partner with clients to create personal performance improvements that elevate returns across their trading activities.
Go to the AlphaMind website to know more.
