Most new traders start by learning the trading strategies of other traders. I began my trading career this way as well. But, many traders ask, how do I get started with my trading strategy? The good news: Creating your first trading strategy is easy. The bad news: Creating a profitable trading strategy is hard. Start […]
Archives for 2016
9 Day Trading Mistakes That Will Ruin You
Day trading is not a matter of checking off to-do items. It’s a long journey of making mistakes. You will continue to make the same mistakes for a long time without even realising. If you stay in the game long enough, eventually, you will learn to recognise the mistakes. But that’s still a long way […]
19 Trading Quotes To Help You Trade Better
When I feel fidgety while waiting for a trade to pan out, I read trading quotes. Trading quotes are short, so I can read them quickly without affecting my trading. They are also relevant and help me to keep the right trading perspective. Here, I’ve picked 19 trading quotes from 19 traders/investors. To present a […]
7 Forex Trading Books To Get You Started
Want to start forex trading? Looking for a solid forex trading book to kickstart your education? You’re not alone. Many retail traders start their trading career in the forex markets. This is because of the low barriers to entry such as low initial deposit and small position sizes. But choosing to trade forex just because it […]
9 Technical Analysis Lessons You Can Learn From Academics Backed By Statistics
Academics do not talk much about technical analysis. They either remain silent on the subject or mainly claim that it’s voodoo. A college student will learn fundamental analysis over a few modules. But technical analysis is just embedded in the footnotes. Yet, all market traders know what is technical analysis, whether they use it or not. […]
Don’t Start Paper Trading Unless You Follow These 10 Rules
Have you considered paper trading as a way to learn about the markets risk-free? Paper trading (or virtual trading) has many benefits. The most important one is to verify your trading edge without putting your money at risk. Most would agree that aspiring traders have much to gain from trading in simulation mode. What you may not […]