Tom Dante
Trader | Futures, FX, Crypto | 25 years in the business | Head of Trading, European Desk @raentrading | Creating consistently profitable traders
View on 𝕏Threads
22 years trading. Here are some of the most important things I've learnt (Part 1/2):
Risk (A thread) When you're assessing risk, it's worth bearing in mind the difference between what you will load an account with and the full amount you are actually prepared to c...
I remember a trader once said to me: "most people couldn't make money if they had a copy of tomorrows FT". At the time I laughed. Only a while later did the veracity of what he...
Earlier, I was speaking with someone who ran a huge firm of traders. I put them the question I get asked so often: how long did it take traders from entering the firm and knowing...
A thread on "energies". When I was in prop (so many of my stories start like this), the risk book was displayed at the front of the office. It had all the traders P&L for the day...
For the record, here are some things I’ve been told by traders who I know are making money and who I’ve really looked up to and yet I simply do not agree with:
The problem with many trading mentors is whilst some can teach you good ways to read/trade the market, they can also transfer cognitive biases that are not relevant to you.
A thread on BE -------- I'm known for always bashing the concept of moving to breakeven on a trade. I wanted to quickly clarify my thoughts on this because contrary to what peo...
$1711.5 in Gold is the last key HTF level before the big lows at $1676. At a level like this, probabilities shift in favour of stabilisation/reversion before any continuation lower...
My focus right now is in building a short position for the coming move to test beneath this level in Gold https://t.co/g5Gly6DkIE
This is a story regarding my last tweet about taking a day off sometimes. Several years ago, I backed a few traders. One was ex bank, now starting out on their own without interba...
On a day like today, where the market is waiting for FOMC, many of you are probably better off sitting on your hands (unless you're scalpers). However, traders notoriously find th...