Heard of Ed Seykota? You should. He was featured in the book Market Wizards and returned 250,000% over a 16 year period. Comparable to the likes of Warren Buffet and George Soros. A little background: Ed Seykota has an Electrical Engineering degree from MIT and is a systematic trend follower. His trading is largely confined to the few minutes it […]
In trading, there is no one size fits all. Some would prefer trading on the shorter time frame and others would prefer trading on the longer time frame. The beautiful thing is that traders can be profitable even on different time frames. Often in your early years of trading, you would probably wonder which trading time frame […]
A successful trader is not the trader who makes a lot of money over a short period of time because he could simply be lucky. Rather it is the consistently profitable trader who makes money year after year that is successful. After reading Market Wizards 3 times and crossing path with other successful traders, I notice they all follow certain principles in their trading. It doesn’t […]
You love trading. Your dream job is to be a proprietary trader. But reality sinks in. You realized that getting proprietary trading jobs isn’t easy. You’ve tried but just can’t seem to get a single interview. Or perhaps.. You’ve been to a few interviews only to be rejected. Now you’re wondering: What does it take to […]
In this video post I share with you on how I go about setting my trades to breakeven, using the structure of the markets. I hope you have enjoyed this week’s video post. As always, comments are welcomed and encouraged. Cheers!
When I just started out trading, I quickly realized that there were so much information on trading that it is difficult to tell which are facts or myths. So I spent a lot of time doing trial and error in hope of finding something that is valid and useful to me. It is only after years of trading that […]
In this simple experiment, I will show you how support & resistance may simply be random lines on your chart. Feel free to try out this little experiment yourself. As always, comments are welcomed and encouraged. Cheers!
In this video post, I explain to you what is the ATR indicator, and how I use it to set stop loss in my trading. I hope you have enjoyed this short tutorial. As always, comments are welcomed and encouraged. Cheers! Do you know the 5 Secrets of trend following that makes it profitable over the last 200 years? In my […]
You’re not perfect. You’ll make trading mistakes causing you to lose your hard earned money. Just when you thought you got it figured out… BAM. You made another trading mistake causing you to lose your money, again. What if you could reduce your trading mistake, would that make you a better trader? Yes. And this is why […]
You’re a price action trader. You trade Pinbar and Engulfing patterns at key support resistance area. But I think you’ll agree with me when I say: Sometimes you’re waiting for a pullback that doesn’t come, and price trades higher without you. Or perhaps.. The low number of trading setups you get makes you wonder whether you’re […]