From your experience...

[annaland]

I'm interning at a small trading firm and would like to know:

From your personal trading experiences what advice would you give a new trader?

 

[dac8555]

if you dig a little deeper..you will find several threads on this subject already on this site...

 

[annaland]

Quote from dac8555:

if you dig a little deeper..you will find several threads on this subject already on this site...

now THAT'S helpful!

 

[mizer]

Quote from annaland:

I'm interning at a small trading firm and would like to know:

From your personal trading experiences what advice would you give a new trader?

Make sure you start your trading career with the right firm and experienced mentors that will work with you.

 

[Aok]

-Learn how to read the tape.

-Money management will determine your staying power.

-Look at the habits of those who win and those who lose.

-Have a reasonable goal. Whether its per day/week/month. Stay small and disabuse yourself of the notion that you will own Chicago and New York in 6 months.

-Compete only with yourself.

Good luck.