@titansoftomorrow: Who’s really hunting your stop loss - and why do some traders keep getting caught at the New York open? Kathy Lien started on JPMorgan’s trading desk at 18 and went on to become a trading author and co-founder of DailyFX. In this episode, she brings an institutional perspective to questions retail traders argue about every day. She explains why a bank may trade around a cluster of stops without targeting your position, why she avoids the chaotic first half hour after the 9:30 New York open, and why the traders she sees succeed tend to master one instrument, one timeframe and one setup. We also get into the five-minute checklist she uses to form a daily bias before opening a chart, and how an independent trader can approach a market full of institutions with greater resources. Kathy Lien on Titans of Tomorrow. Full episode on YouTube.