Secrets to Defining Your Own Trading Strategy - Erich Senft
This week Eddie talks with Erich Senft, recognized futures trading expert and President of IndicatorWarehouse.com, about the keys to successful trading including why it’s so important to carve out a unique strategy that works for you.
This week Eddie talks with recognized futures trading expert, Erich Senft about the keys to successful trading including why it’s so important to carve out a unique strategy that works for you. Erich is a registered CTA (Commodity Trading Advisor), designated Trader Kingdom Expert, trading teacher, coach, and President of Indicator Warehouse.
- [04:26] How Erich got his start in the trading world
- [05:40] What markets to follow and why
- [11:03] Adapting to market changes
- [15:23] Which indicator to use and why
- [21:17] Erich explains his dislike of risk/reward ratios
- [28:50] What Erich considers Wallstreet’s best-kept secret
- [34:43] The mindset a successful trader needs to have
- [40:19] Erich discusses some of the problems you see when coaching traders
- [45:01] Erich summarizes his viewpoint on the keys to successful trading