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 a 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 […]
When I was 20, the first book I read on investing was “Buffettology“. It explains how the world’s richest investor, Warren Buffet selects companies to invest in. I was fascinated by how a man could be so wealthy by simply picking the right stocks to hold for the long run. Who wouldn’t? After reading Buffettology, I was […]
Have you ever wondered whether it is possible to build your own trend following trading system? You know, the same system that the billion-dollar hedge funds employ. Initially, I thought I needed to join a hedge fund to learn their trend following secrets. But after doing my own research and reading books on trend following, […]
Fast money, insurmountable losses, swollen egos and sleepless nights. Welcome to the world of proprietary trading. I am sure many of you have a burning question like what do proprietary traders do exactly, what they trade, how much they make, how can I be one of them and more… Well.. I have great news for you! Because in this article […]
Have you ever heard of trading patterns called Gartley, Butterfly, Bat or even Crab? If you did, then you probably come across harmonic trading as an approach to trading the markets. Like most traders, I was enticed by this trading approach because it allows me to predict turning points in the market, have a good risk to reward ratio […]