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Chat With Traders

039: Tom Dante – Speaks to the Competitiveness of Trading and Essential Skill Sets for Profitability

Chat With Traders

Kevin Avery

Investing, Education, Business

4.82.3K Ratings

🗓️ 24 September 2015

⏱️ 87 minutes

🧾️ Download transcript

Summary

This week, for episode 39 I had the great pleasure of speaking with Tom Dante (who you may already know from Twitter as @Trader_Dante). But if you don’t, that’s cool – I’ll give you a real quick snapshot now… Tom’s a day trader from London, who tells it exactly how it is, he makes no attempt to soften the blow from the harsh realities of trading. He’s got a really interesting and unique story about how he got started trading, which was around 1999. And from that point on there was a period of about 7 years, where Tom struggled to gain consistency with his trading results (we speak at lengths about this during the first part of the interview). After developing a track record of profitability, Tom joined a prop trading firm, where he learnt many of the solid trading principals that have shaped him into the trader he is today – many of which are discussed during this episode. Now days, Tom is an independent trader who focuses mostly on the Bund market intraday, as well as other futures. Besides the few points I’ve already mentioned, we of course discuss much more, including; the competitiveness of professional trading, the importance of learning from your mistakes quickly, and the real cost of becoming a great trader. To learn more about the dedicated one-on-one coaching service, visit: chatwithtraders.com/coaching Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Chat with traders is sponsored by Trade the Pool.

0:03.6

Our concerns about limited buying power, insufficient capital,

0:07.3

or fear of losing your own money,

0:09.5

preventing you from advancing your trading capabilities.

0:12.4

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0:15.8

that offers funding for stock traders.

0:18.1

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0:21.0

and keep your profits.

0:22.5

You can engage in intraday trading,

0:24.9

and now swing trading on Trade the Pool.

0:27.8

With any US stock or ETF,

0:30.3

the procedure is straightforward.

0:31.9

Pay in evaluation fee, successfully complete the evaluation,

0:35.9

and get funded.

0:36.8

Visit TradeThePool.com forward slash chat to learn more.

0:57.8

The biggest secret of the best traders in the world is that they're just like everyone else.

1:16.8

However, they've worked hard to learn the markets

1:19.2

and discover what works and what doesn't.

1:21.6

But how can you hear about these journeys

1:23.2

and get in on the strategies and tactics they use?

1:26.6

You can do it by listening to Chat with traders.

1:29.4

Here's your host, Aaron Feifield.

...

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