Morning Conference Call?

[JackRab]

I still think it's a good idea.

Unlike some have said, trading can be lonely... but is definitely not an individual game. You can read newsletters and pick up on things, but it's always good to have a few insights on a matter. Or do you think the 'analyst' that wrote the newsletter is all knowing?

Professionally trading is done within a team, you chat all day about what's happening. As a equity guy you also look at what's happening in bonds and commodities... it's all interconnected. If you missed that fact somewhere, you should seriously consider doing some theoretical study on financial markets....

The number of times I read or hear "Why did this happen? Why do we go up and not down?", that all points to misunderstanding of markets and missing crucial info... which can be pointed out in a morning briefing...

 

[kmiklas]

Plans fail when there is no counsel, but they succeed when counselors are many.

In other words, two heads are better than one; five are better than two.

(Is there a subset of Fibonacci in that statement?)

 

[Handle123]

This is a 15-minute scrum intended to hold you accountable to getting in front of your workstation on time every day. It's not a call for heavy analysis, theory, mathematics, or quant talk.

Adding a professional structure to the workday will add regularity to our daily routine, and ultimately improve our performance. No more being late to the morning bell, sleeping a little late, or failure to prepare for the day.

Get to your desk at 8:45, and report on the 9am call... on time.

I have an open mind, not interested, each post you keep selling it and pushing why not try it.
Thought whole idea of becoming a trader at home was to get away from this !!! Last thing on my mind is even caring about what others think, I have systems, most I don't want to share and stocks/commodities I am going to participate in. The "problem" is most good traders don't want to be bothered before one trades, and those who are not good traders wants to hear what good traders are doing. Really, who cares why price went a certain way, it old history, ten seconds after the last trade, I really don't remember it, onto next trade.