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...
Hey Traders! Most people think that trading success is found within a system... yet a successful trading system could be something as simple as 2 or 3 basic combinations, knowledge of price action and a sprinkle of instinct. To me successful trading is a completely different path, I believe that real trading success falls into one sentence which is "Constant...
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%...
Hey Traders! In this video we talk about Post Trade Analysis which we believe it probably the best way to develop your trading skills, trading system and general instinct of trading. Today we traded the DAX for 2 hours with complete focus, focus is a vital requirement for trading success as it allows you to be present and disciplined to follow your trading rules...
Hi Purpose Traders. In this video, I will be showing you how to set a sell limit and how to move a trade to breakeven. Both of these are vital to being a profitable trader because there may be times you cannot set manual orders due to time or distractions. There will come a time when you in good profit and you don't want to risk giving it back. I pray you find...
Hey Traders! In todays morning video we go over how you can become more lucky in trading by following 3 basic tips! We hope you enjoy the video, later today we will release a longer video explaining how we use the VWAP and Anchored VWAP indicators here on trading view to spot excellent support/resistance levels and trade with momentum or ranges! Happy trading...
This is just a quick inditial video of a much more detail video which we will release tomorrow to show why and just how powerful Post Trade Analysis is. I personally believe it is the express lane to trader development and I highly recommend you guys use it too for every single trade you take! More on this tomorrow!
Hey Traders! In this video we go over a brief post trade analysis of the trades we've taken so far today on NASDAQ and WTI. As a practice we highly recommend every one of you guys to actually perform a PTA on your own trades as it is literally the best way to improve as a trader as you will find your good and bad habits quickly. For example if you are not...
Todays daily primer is more focused on mental trading skills than anyhting else! We are keeping it nice, short and sweet! Hope you learn something of value!
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,...
Hey Traders, Most traders battle it. I myself had to progress past this in order to achieve consistent returns trading the markets. It is seen as one of the hardest challenges to pass in terms of emotional discipline. Understanding yourself better so you can make decisions in a calm, composed and consistent manner is crucial to success. Today I wanted to...
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, 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...