Day Trading Mentor: Cris
You’re not going to want to miss this one! Meet Cris, a trader since 2019 when he started trading the forex market! Cris, similar to the mamas, started from true scratch with no known trader friends or formal education in the financial world. With a work smarter, not harder mentality, Cris found trading was a great fit for his personality. Initially, Cris started trading with signal groups. But he soon discovered that he needed to actually learn how to read and execute independently with Miss Market, as blindly following trading entry & exit signals gave a legit false sense of ability and ease within the trading world.
Cris began his company, The Funding Society, after offering support and education for free but then saw a larger need and so then created his official trading community. Within his community, he began trading live with his members!! That put expectant eyes on his executions. Here is where the rubber meets the road and Cris became quite accountable with how, why, when, and what he traded. This inevitably brought his trading to the next level in the setting of trading in real time with his members.
In our candid conversation, Cris attributed much of his growth to learning through the pain. Cris relates that an important question to understand the answer to during your performance reviews is “When do I perform best, and when do I not.” Learning from your weaknesses is required to become consistent. And it takes time, pain & experience to persevere through!
Can anyone be a successful trader? We don’t think so. In fact, Cris has an application process to be considered to join his community at The Funding Society. Curious what traits he prioritizes in early traders he’s willing to help? Key characteristics he vets for are coachability, discipline, and resilience. “How you do one thing is how you do everything.” Our habits that make up our identity are critical for alignment with who we need to be for true success. Cris, similarly to our mentor Jermaine, also teaches members to call it from the start - “I am a professional day trader.” This identity, mindset, and emotional management will direct the choices we make in our day to day life.
Over-trading is a real risk of this growth period, as Becky candidly admits to in this episode. But there are resources and safeguards to manage this risk, as we discuss, and utilizing them is so important in your trading session to help you break a trading trance. Revenge trading, position sizing and risk management are also challenges to overcome as a trader. We’ve all been there and it serves us to normalize these challenges in conversations with fellow traders!
As young traders, be careful with what you consume and who you choose to learn from. Un-learning in order to learn more correctly how to trade can add much more work. We all advise you to be purposeful with what you mentally absorb when you are still developing your trading edge.
You guys, within Cris’s community, he livestreams every trading morning with screen sharing as he and other traders find and execute their trades, and then mentors for hours many afternoons! As a mentor, Cris reportedly really finds such fulfillment in leading his students to success as traders. You have to check out this full interview for all the gems. It was really such a personable and open discussion that we enjoyed having and we know you will find great value with!
From Cris’s early learning years through to his current robust trading community, The Funded Society, we discuss the best and the hardest aspects of becoming a trader. Thank you so much Cris for coming on with Market Mamas to discuss the career of trading that we all love so much!
Find Cris at: https://www.thefundedsociety.com/blog