Limit Up!

Tim Racette is a day trader of the E-mini futures markets and swing trader of stocks. He openly shares his methods throughout the trading community and is a regular speaker at the TradersEXPO’s. This week he talks with host Eddie Horn about the importance of setting realistic expectations when getting started in trading, risk assessment as a core competency and the value of staying focused on a clear vision.  Listen to Tim’s take on: [05:52] How he got started trading [10:35] Good routines around premarket prep [14:25] Market growth and opportunity [17:57] Fair warnings for new traders [22:00] Tips for getting back on track after a failure [33:43] The importance of a trading journal [37:43] Top 3 traits that make up a winning traders mindset [43:10] Being intentional in building good trading habits [46:10] Keeping things simple, clarifying ideas and stepping away from trading on occasion to remain consistent through different market conditions [48:38] Using trading windows, time away and mindfulness to keep f