You are currently viewing 018 – Interview w Norman Hallett, Master of Trading Discipline

018 – Interview w Norman Hallett, Master of Trading Discipline

Norman Hallett has been a trader and trading educator for over 4 decades.  From 1981 to 1988, he ran one of the largest options firms in the country and later worked as a commodities specialist for Paine Webber.

In 1991 he formed the Hallett Group, managing large trading accounts for individual investors as a Commodity Trading Advisor. He currently owns and operates The Disciplined Trader, founded in October, 2000, where he focuses on helping traders with the too-often-neglected area of mental and emotional control and the building of Simple Trading Plans. Mr. Hallett is a popular speaker at Trading Expos and countless international venues. He has over a million views of his “4-Minute Drill For Traders” where he gives tips and techniques for being a more successful trader.

Show Notes

Watch the video here

https://youtu.be/kELHzPY-6TM

https://youtu.be/kELHzPY-6TM

  • First of all, this episode ran an hour, twice what these podcasts normally run, but Norman is a very knowledgeable and experienced trader, so had lots to share
  • Norman shares about his beginning in trading, and how things were so different then, such as the $100 round-turn commissions compared to the almost zero commissions of today
  • He and I talk about evolution of the trading space, both with the markets and the technology
  • Norman shares his thoughts on the importance of the mental and emotional side of trading
  • Norman shares his perspectives and experience with prop firms
  • We discuss comfort zones, sim trading and trading your own money versus trading someone else’s money
  • Over the hour we cover a lot of ground and had a lot of fun – enjoy!

This podcast is brought to you by https://InsideOutTrading.com, where the focus is specifically on CONSISTENCY, so you’ll find all sorts of unique resources to help you trading profitably and with confidence.

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