How to Build Winning Beliefs? – Part 2 – Creating The Winning Cycle

Now that you understand what the Belief Cycle is all about (see last week’s article), let’s dive into a few more useful details. As you can see that a winning belief cycle has lots of benefits. However, the biggest question you’ll probably ask is this – “Where do I start (in trading)”? Well, the honest…

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How to Build Winning Beliefs? – Part 1 – Belief Cycles

Ever wondered why some people keep winning and why some people rarely wins? Ever thought there are certain people in society that were born to be wealthy while others are just not meant to be? If you have, I bet someone in the past must have told you that this is what they call Fate…

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How Our Experiences and Expectations Can Wire Our Emotions The Wrong Way?

Do you remember the last time you visited your favourite restaurant? You like it so much that, before you even arrive at the place, you know what you wanted to order and you know what to expect without even looking the menu? As soon as you reach the restaurant, just by seeing/hearing the buzz of the…

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Limiting Beliefs – The Silent Killers That You Should Eliminate

There were once a pair of twin brothers – the older one is Jon and the younger is Tom. Both of them went to the same school and even graduated with the same degree in the same university. Both of them were bright and intelligent students even though they were fairly individualistic – Jon being…

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Mission to the Moon – 3 Expectations You Need to Become A Great Trader

I’m sure you’ve heard of the saying “Aim for the Stars Reach the Moon”. In fact, do you know how long it took mankind to reach the moon? The first human-made object to reach the moon was on 13th September 1959 and this was by the Soviet Union’s Luna 2 mission. The Americans’ Apollo 11 was…

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5 Reasons Why Traders Struggle to Create a Winning (Trading) Plan – Part 2

In case you haven’t done so, please read Part 1 of this 2-part series here. 3. Purpose Now that we’ve gone through you the What, its time to look at Why you have what you have (in the trading plan)? If you have resolved the issues in Pt 2 from above (see last week’s article),…

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Video: Interview With Jack Schwager and Lessons from the Hedge Fund Market Wizards

Here is a brilliant synopsis of the book Hedge Fund Market Wizards: How Winning Traders Win. The interview also includes some great tips and insights to trading. If you are interested in the book, you can get it here. Apart from that, enjoy the video!!  

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5 Reasons Why Traders Struggle to Create a Winning (Trading) Plan – Part 1

Writing a trading plan is probably one of the most daunting activities that many new (and seasoned) traders face even though it is an important aspect of trading. Traders struggle because all they do is write what was given to them i.e. system rules and usually nothing more. With all honesty, I don’t blame them…

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Why is Paper Trading Important?

Once in a while, I get questions like this from new traders as well as seasoned traders (who never really paper traded in the past). When I reply, I would almost always encourage them to paper trade but they usually disagree. Their argument is quite simple – if the objective of trading the financial market…

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How Come It’s Easier to Teach a 10 Year Old How to Trade?

For many, learning to become a successful trader has been a real challenge. While I’m not trying to rub salt to the wound, here’s the truth about learning how to trade, it’s actually easier to teach a 10 year old kid how to do it – compared to teaching an adult. Believe it or not,…

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