You’re about to hear from Adrian, a trader otherwise known as @ AdeyF69 on Twitter.
Coming from an almost two-decade pro sailing career, Adrian has been onshore as an independent day trader for the last six years, taking an income from financial markets.
Adrian started out in foreign exchange, but now primarily trades the Bund and the DAX. His trading strategy is influenced by statistics, order flow, volume profiling, as well as support and resistance areas.
After getting the lowdown on what it’s like to survive storms at sea, clashes with pirates, and terrible sleep habits, we get into how Adrian uses stats and a few things to watch out for when applying them, and why it pays to be process driven.
What’s Covered in This Interview:
- What life as a professional sailor is like; the ups and downs of competing in races, how to survive storms and enormous, 40-foot waves, the awful sleep patterns that come with sailing, and chance pirate encounters.
- As Adrian became interested in trading, he originally focused on the wrong “shortcuts,” before he figured out what professional traders had in common.
- What it was like to transition to trading full-time at a time when he was still not quite in the green, Adrian’s most common errors and finally the definitive turning point in his trading career.
- How Adrian approaches and becomes familiar with a new market, plus the aspects of his trading strategy that are discretionary versus systematic.
- Adrian’s use of stats, methods to gather them and manage data sample size. Also, the various way traders misuse stats and why maximum adverse/favorable excursion matters.
- How Adrian employs a grading system to review trades each week and how he structures a trading plan in preparation for the day ahead.
Links and Resources:
- Investor/RT by Linnsoft – Adrian uses charting and analysis software, Investor/TR, to gather stats on the markets.
- Maximum Adverse/Favorable Excursion – An article on how Adrian uses MAE and MFE in his trading, as well as a video on how he tracks data.
- TakingOneTradeAtATime.com – Find out more about Adrian at his website. You’ll also have access to how he plans and reviews his trades.
@AdeyF69 – Tweet Adrian about this episode and follow him on Twitter! - darwinex – Darwinex backs independent traders with talent who lack sufficient capital—scale your trading career from a side-hustle to a professional business.
Click here to get your free copy of The Comprehensive Guide to Trading Mentorship.
