How do I become a better trader?

I have been pretty spot on with my calls more mid-term (months or less) with ok returns (10% min.), but I am a shit trader. I can’t spot short-term (aka couple of weeks) opportunities where a will be up or down due to momentum shifts, just more solid/long-term stuff by looking at company execution and market outlook.

Any tips on how to improve short-term analysis?

About me:

I work for a HF covering TMT in a $750MM-1B L/S book with just my PM (he covers the rest)

 
 
Most Helpful

James Dalton wrote the book on trading via pattern recognition, and now he teaches a seminar (its not cheap).

Its hard to learn pattern recognition trading from a book, because you need various charts and context (and there are so many patterns your head will spin)...so the seminar is the way to go.  However, even with the seminar, this type of trading takes enormous amounts of mental energy...it is all consuming.  Traders sit and watch the market charts all day long....looking to see how the market  responds to news events (so, there is no way to back test this...only forward test)

Somebody put the seminar onto youtube...i suggest watching the seminar videos slowly (one video a day)..otherwise you won't absorb the info.  (thats why the live seminar is split up to just a couple hours a day).

https://www.youtube.com/results?search_query=james+dalton+seminar

just google it...you're welcome
 

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