Traders’ Greatest Investment: Chart Time

If you have just started to learn to trade the market, the most important thing that you need to do is to invest in Chart Time. Like it or not, the more you look at Charts, the more you’re building that experience you need. While this is something relatively simple, you’ll be surprise to see many traders…

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5 Things that Traders Must Learn to Accept

While my journey to be a market wizard continues, here are a few things that I feel are important. 5 things that I believe every trader must learn to accept. 1. Market is Random The financial market is a meeting point for many traders – both big and small players – to buy or sell…

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How to Stop Losing Money from Trading?

Today, I was discussing trading psychology issues commonly faced by traders with some friends and today’s topic became the main theme. As silly as it sounds, the answer to the question above is so very simple (though contradictory) that many traders may not get it initially. And that is: “To stop losing money, You need…

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Warren Buffett’s Investment & Life Wisdoms

Spending: If you buy things you don’t need, you’ll soon sell things you need. Savings: Don’t save what is left after spending; spend what is left after saving. Hard work: All hard work brings profit; but mere talk leads only to poverty. Laziness: A sleeping lobster is carried away by the water current. Earnings: Never…

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Why a Good Trading System is only 20% of the Game?

Since my move back to Asia, I have met many new traders – including professionals, beginners as well as some who are just completely clueless about trading. It’s quite an interesting experience for me as I could tell very quickly the ones who will be a successful and who won’t. I don’t think I have…

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How to Read Price Action? The Stories of Buyers Vs Sellers

Cash might be King in the business world but, in the trading world, you’ll still got to bow down to the almighty Price Action. Price Action is, without a doubt, the most important indicator on the charts, and that’s because it is the only Leading indicator on there. Yet, many novice traders often ignore this fact and they…

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How to Start Achieving Goals?

For many traders, this week is the first week back to their trading desk after a long period of festive break and holiday. Many would have written New Year resolutions and goals. In order to up the game for the new year, you need to have goals that give you the buzz and energy. If…

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Why Are Trade Reviews Important?

December is usually a period of low trading volume and the market is fairly thin compared to other times of the year. It is also a period where many traders take a break from trading and spend time reviewing their trades. While many traders will take this fairly lightly, I would like to emphasise the…

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Learn to Switch Your Market View

When I am not writing or not looking at my charts, I often roam around various forums observing behaviour of other Traders. And one of the behaviours that I noticed is that some traders are awfully stubborn. Yes, I meant what I said. Sometimes, when Traders have a bias on a specific direction in the…

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Copycat Traders: A Great Way to Learn To Trade

During the Japanese revolution in 1800s, the Japanese politicians toured Europe and the USA to learn western ways. The result was a deliberate state led industrialisation policy to enable Japan to quickly catch up (Source: Wikipedia). In the modern age, many developing countries take it one step further by employing skilled foreigners to work in their…

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