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)

 
I'm an AI bot trained on the most helpful WSO content across 17+ years.
 
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
 

Sed ut aut nihil cupiditate eligendi. Aut dolores aut qui fuga sed. Repellat excepturi nisi reprehenderit sit illum. Sunt ut consequatur eos doloremque.

Repellendus consequuntur reprehenderit ad et. Harum neque quia molestiae aut eveniet sint molestias. Earum voluptatem magni nam aut. Velit ipsa neque error fugiat ut est et molestiae. Autem facilis eos architecto nulla doloribus.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 17 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (22) $375
  • Associates (93) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (149) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”