|
What is a trading partner?
A trading partner is someone who you can speak candidly with about trading and the futures markets. By having someone you can share ideas with, you can expect to improve your trading and further advance your development as a trader.
With so much information available for the trader to process and act upon and so many trading ideas and hypotheses racing through the trader’s mind each moment of the trading day, it is easy to become overwhelmed. Having a trading partner can help filter those factors and help cope with the roller coaster of emotion that trading can cause.
Why is it important to have a trading partner?
Trading can be an emotionally, psychologically, and physically exhausting profession, and having someone to share the ups and downs with is crucial to advancing your skills as a trader.
Successful traders need the following:
| |
- Help to prioritize their thoughts while they are trading
- A source of encouragement and support
- Assistance analyzing mistakes and help to hold themselves accountable for fixing their errors
|
All of the above can all be achieved from having a trading partner, therefore helping you to gain an edge in the financial market.
What happens once a trading partnership is established?
As seen below, once two (or more) individuals have agreed to become trading partners, each person's account information will be added to the other's T4 account board. The account board will automatically be updated each time a partner receives a new Combine account.
|