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Trading Education Posted by Team Topstep January 7, 2021

Trading Fundamentals for Beginners

Episode Summary:

Whether you’re a new trader or you’ve been trading for 30 years, it is important to get back to the basics. To kick off a brand-new year, Jack and Dan are sharing their fundamental tips for traders. Tune in for advice, resources, and book recommendations to make 2021 your best trading year yet.

Full Show Notes:

Limit Up! is kicking off 2021 by getting back to the basics. This week, Jack and Dan are sharing their essential trading tips for newbies and veterans alike. Listen in for their advice as well as resources and book recommendations.

They explain why it’s so important, especially for new traders, to keep things simple and not bite off more than you can chew. Check out the episode and hit the ground running in 2021.

For even more coaching, check out the Coach’s Playbook on YouTube on Tuesdays at 11:30 am CST.

  • (01:43) – Getting started trading
  • (04:19) – Back in the day
  • (12:57) – Trader development
  • (17:44) – Babypips
  • (18:13) – Be cautious
  • (25:05) – Reminiscences of a Stock Operator
  • (28:58) – Trading simulators
  • (31:47) – Keep it simple
  • (34:22) – Trade what you have


What is Limit Up?

Limit Up! is a podcast for traders of all levels brought to you by Topstep. Whether you’re considering a career in trading and don’t know where to start, or you’re a seasoned veteran looking for advice from big names in the financial industry, Limit Up! is your guide. Join us weekly as we discuss the market in all of its volatile glory. Risk Disclosure:

Jack Pelzer is a co-host of Limit Up! He traded as part of a U.S. Treasury group for 7 years at Chopper Trading and DRW. After leaving the industry, he became a Writing Fellow and Senior Contributing Writer for The Onion. He is now the Head of Content at Topstep.

Dan Hodgman is a co-host of Limit Up! Before coming to Topstep, Dan traded 30 Yr Treasury Options and Yield Spreads. Before that, he served in the United States Marine Corps, where he simultaneously managed his own Futures Account, applying the skills he grew up learning from clerking on the trading floor. Now Dan works with the Traders here at Topstep as a Performance Coach and is a regular on the Daily Market Recap.

If you’d like to receive new episodes as they’re published, please subscribe to Limit Up! in Apple Podcasts, Google Podcasts, Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts. It really helps others find the show.

Podcast episode production by Dante32.