Professional trader Derrick Oldensmith hates shorting Apple (AAPL) because of the massive buyback. But now the stock is in a buyback blackout period. Watch the video below to learn how this has the potential to change how the stock trades: Derrick is a professional prop trader with T3 Trading Group. Click here to get his free ebook […]
Continue Reading -->Professional trader Derrick Oldensmith comes into every trading day with a game plan. Watch the video below to learn what his daily research process looks like. Derrick is hosting a free week in his trading room. Click here to work with him and his team of other professional traders! Derrick’s positions as of […]
Continue Reading -->Professional trader Derrick Oldensmith is focused on one thing heading into an earnings report – where the stock is currently trading. How a stock moves after reporting earnings isn’t just about whether it beats or misses expectations. Watch the video below to learn what you should be looking at ahead of each report: Derrick is […]
Continue Reading -->In this business, success and failure are 100% on an individual’s shoulders. You make all your own choices and decisions, which directly impact whether you win or lose. To become a successful trader, you need to develop expertise through practice and constantly improve yourself. Journaling can help you accelerate your learning curve and become successful […]
Continue Reading -->Hit the Play Button to Listen to Derrick Oldensmith’s interview on the “Trading Justice” podcast. Derrick discusses: His unique role as a professional prop trader trader, teacher, and mentor Why he started his own trading desk at T3 What makes prop trading different from retail trading The major advantages of prop trading, like access to […]
Continue Reading -->Hit the Play Button to Listen to Derrick Oldensmith’s interview on the “2 Bulls In a China Shop Podcast.” Derrick discusses: What it really takes to succeed as a trader Why this is not a glamorous way to make a living How to learn to trade the right way How he combines fundamental and technical […]
Continue Reading -->Derrick recently visited the team at The Simcast to talk about his strategies and mentorship style. He also gives listeners an inside look at what it’s like to start at a prop desk, plus how his background prepared him to become a trader. Check out a recording of the conversation below! Derrick and John will […]
Continue Reading -->Derrick Oldensmith is a pro trader and head of T3 Trading Group’s trading desk. And in this in-depth interview on the TIB podcast, you can get to know him. Listen in and learn: What working at 7-11 taught Derrick about money and life How he became interested in the stock market Why he left his sales […]
Continue Reading -->When your trade is going well, when do you get out? How do you know it’s time to book that profit? The answer depends upon the type of trade that you’re involved in. I categorize trades into two groups: with the trend or against it. Watch the video or read on below. What is a […]
Continue Reading -->Moving Averages are NOT Support or Resistance One of the most common mistakes I see from people who are getting involved in trading is they think moving averages are support or resistance. This is not true. Moving averages are just averages. They’re little squiggly lines in your chart that are composed of the average of […]
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