To become a flexible Trader might sounds like an easy thing to do, but to become a consistently profitable Trader in the market takes lots of internal growth. In this video I'll be sharing some of my personal experiences and advice into becoming all-rounded 'good ' Trader. If you like the content make sure you click the like button and share it with anyone...
One of the common patterns amongst Traders that's really causing them to unable to achieve consistency, is the fact that they do not own up/ admit their mistakes. We're all humans, and we're bound to make errors every day, week, or month. There's nothing wrong with making mistakes, and certainly making mistakes don't make you look stupid. It is the way that you...
Hi Traders, in the previous mindset sharing I talked about the simple equation that has helped me to progress faster "Pain + Reflection = Process" But you could be thinking "How do i reflect?" OR "I do reflect a lot, but I don't see myself going anywhere." I believe it all comes down to the way you perform your self-reflection & self-reviewing...
Hi Traders, welcome back to another mindset sharing video. Whenever I go through some obstacles or failures, I always go back to this simple equation by Ray Dalio, "Pain + Reflection = Progress" In life, the only way to not experience any failures is to avoid them, which could be very detrimental to your personal growth. To grow, one need to experience certain...
Seems like most of the Traders think that by trading more = more profits. The answer to this can be two-dimensional. Yes, theoretically the more you trade means you could make more money. If we simply do the math, day trader should be making more than swing trader/ long-term investor right? But why the failure rate of short-term Trader is much higher than swing...
Hi Traders. This is the video edition of yesterday's workshop. I genuinely believe this is one of the very important topic that we MUST all learn - identifying the distinct differences between trading VS gambling. Recap Most Traders put way too much attention on indicators. Indicators are supposed to assist us with our decision making process, but if at any...
Hi Traders. Let's talk abit about Risk Control/ Risk Management today. I believe most Traders may be thinking that Risk Management/ Risk Control is about - Having a pre-determined risk (% Risk-per-Trade) - Having a Stop Loss Well, that's correct to a certain extent. But if you really think about Risk Control, do you think its really all about that 1 - 2%...
Why are you still losing money. Its very simple. 1. Over trading. 2. Not trading your plan. 3. Risk management.
Hello everyone: Today I want to discuss the importance of higher time frame analysis. Doesn't matter what type of trading strategy, method or style you use, the higher time frame often will help us to strengthen our bias overall and give us a good perspective of the possible direction for the price to go. In addition, it helps traders to avoid unnecessary...
Hello Traders. It's been awhile since I last uploaded a workshop. Myself as a full-time trader, to be frank, the past 6 months have been tough for my personally. I've gone through some really bad drawdowns, mostly due to my external pressure that's causing me to have lower performance. In today's topic, I am going to talk about "Drawdowns", which is not...
Hello traders: Lately there are more and more newcomers in my community, and some are not quite familiar with risk management, especially when it comes to calculating R:R based on 1% of your account size. Risking 1%, simply means risking 1% of your total account size. For example, $1000 account size, is $10 per risk at 1% of trading account $100,000 account...
Hello traders: Today I want to discuss an important topic on long term sustainability. It is no surprise that trading any financial market has proven to be difficult, and stressful. Many new traders come and go so fast in the industry, and it's often due to the wrong mindset, trading plan, risk management and expectations. I want to focus on the psychology...
Hello everyone: Today I want to share my personal daily routine in trading. Many have asked me about how a typical day of mine would be, and I have no problem sharing that with everyone in hope to provide some examples on how you can construct your own day as well. It's important to know that each person is unique, has different priorities, business, jobs,...
Hello traders: Today let's talk about “consistency” in trading. Many traders understand they need to be consistent, but what exactly is consistent in trading ? To me, it's not just making consistent “profit”, rather it's being consistent with your trading strategy, risk management, trading psychology, mindset and emotion. Let's take a look at a few examples...
Hey Traders, Today I wanted to follow on from the fantastic amount of comments that we are receiving from the previous video, "stop strategy jumping." It seems that so many of you took a whole heap of value from that video and for that I am very thankful and to everyone who reached out and told their story or let me know that it really touched them. As highly...
Hey Traders, This one is going to be a little bit different, a little bit deeper and a little bit harder to listen to rather than usual technical analysis. I recommend you sit down and listen to this. Have a think whether it relates to you or whether you found yourself in this position, or even if you've gone through this position and share your experience on...
With this new version, the Fibonacci borders are calculated and placed automatically on your charts. No need to place the top border manually any more. You still have the possibility to move it manually if you consider that the indicator has not identified the right ATH (Pivot point) Enjoy !
Hello everyone: Many of you have asked me to continue making more of these analysing from scratch video, so I have prepared another one here for you today. Not only will we refresh the previous 2 educational videos on this topic, I will go into a bit more details on the confirmation on the lower time frames with multiple examples in the chart. Recall from the...