
Dennis Schroder introduces 21 tips to help you become a better trader, offering a concise, free two-hour course that covers points 1 to 10 and references additional courses.
Explore 21 tips drawn from real trading experience that address common challenges and build practical skills for serious traders, without systems or get-rich-quick promises.
Develop a complete, mechanical trading system by defining markets to trade, position sizing, entry tactics, stop loss, and exits to automate decisions and manage risk.
Apply Confucius's wisdom to your trading practice by embracing reflection, imitation, and experience to boost your learning curve.
Consistency is everything and is what you do, not what you have, so wake and sleep at similar times daily to build discipline and a consistent return routine.
Track and analyze every trade to learn from actions, develop as a trader, and refine your strategy within the prime traders community.
Devote yourself to constant improvement by embracing lifelong learning, adapting to ever-changing market scenarios, from pandemics to currency parity, to stay on your A-game as a trader.
Surround yourself with other traders; join communities, network online, attend classes, and learn from peers rather than chasing gurus or magical indicators, because your circle shapes your success.
Be just as ready to buy as you are to sell by building a proactive trading system that treats tops and bottoms as opportunities.
Focus on one trading style and become the best at it to maximize success; avoid multitasking and switching between strategies.
Learn to embrace risk by letting risk determine reward and pursue a two-plus risk-reward, using the DAX and Nasdaq opening ranges to set take profits with stop losses.
Seek improvement by researching price action patterns and learning to interpret line charts for closing prices, spotting divergences, higher highs and higher lows, and confirming trades with a trading system.
You are in control of every trade, deciding what to buy or sell and where to exit, aiming for four outcomes: small loss, breakeven, small profit, or big profit.
Pursue constant improvement in life and trading. Analyze traits by reviewing biggest losers and winners; stay ready to buy as you sell. Embrace no risk, no reward and take responsibility.
Trade with complete focus by doing one task at a time. Devote 100% attention to your process, charts, price action, risk management, and entries during sessions.
Follow a complete trading system and prioritize following the process over profit to build confidence through action, managing every entry, exit, and trade through discipline.
Reverse engineer your best trades to build actionable traits and trading edge. Analyze real setups, from hooks and RSI to VWAP-based mean rejections, for higher consistency.
Master trading probabilities by attaching yourself to actions, not outcomes, and following a consistent process with disciplined mindset management, risk reward, and a positive edge.
Adopt the 20-20-20 routine to structure your morning with 20 minutes of exercise, 20 minutes of reading, and 20 minutes of preparation, boosting consistency, focus, and productivity for traders.
Prioritize your trading life to achieve profit and freedom, investing time in research and self-improvement, and cultivate a deep passion for the markets to sustain discipline.
Practice honesty about losses and mistakes by sharing performance daily and your deal maps, identifying the biggest errors. Confront overtrading and mistimed entries to change your trading forever.
Master controlled attention to sharpen focus and stabilize trading results by following a proven system with focused attention on charts. Within 20 trades you’ll profit, turning attention into X factor.
Learn to reverse hope and fear in trading, replacing fear with belief in profits and hope with acceptance of losses, while using stop losses and proactive chart analysis.
Create your own trading rules tailored to you, such as never move a stop loss, trade with focus, use predetermined amounts of time, and smaller size after big moves.
Apply one trade at a time by spotting and capitalizing on risk-reward opportunities, follow your system, and stay focused on the current trade to build long-term success.
Trade with full focus and follow your process to build discipline, start with a strong morning routine, reverse hope and fear, and take one trade at a time.
Explore 21 tips to become a better trader and enhance your training, guided by a complete trading system and daily improvement in a hardworking community.
Hey traders!
This is my 2nd free course here on Udemy, this is course is completely different from the first one in which I go over trading in a different way, this course is designed to give you tips on how I overcame specific challenges or made my life and trading better.
I am sure that at least 1 of these 21 tips will be a game changer for your trading, so make sure you check all 21 points out, believe me it will be worth it.
All 21 points are points I still use in my trading and life even right now, and I am 100% sure I will be using them for many, many years to come. In the course I go over many different topics, from my morning routine and all the way to risk management and hope I have removed "bit losses" from my trading.
These tips have served me well, and I will eventually add a few extra tips to this course when I find them myself, and use them in real market environments.
I hope you enjoy this course and make sure to check out my other courses too!
Thank you and all the best