The Institute of Trading and Portfolio Management (ITPM) is an institution that offers educational content on how professional traders approach the markets.
They also offer mentorship from top Professional Traders for those that want a 1:1 educational experience.
The program rests on the following principle:
If you're starting out, I'm sorry to say that you're incompetent at trading.
Don't get me wrong. I'm sure you're a nice person. I'm sure you're smart, hard working, and determined. You wouldn't have read this far if you weren't.
But let's face the facts. You're starting out. You're supposed to be incompetent. Why would you expect anything more? And that's okay.
Most retail traders start as not knowing that they're incompetent. So they do silly things like take on high risk, or develop an undiversified portfolio or trading plan.
They get emotional.
And when they make a mistake, they focus on the wrong things.
They learn the wrong lessons.
And they buy more screens.
