Saturday, January 12, 2019

Trader Development Spectrum - How Close Are You To Becoming A Successful Trader?

Have you made losses in your trading so far?
Have you gone indicator hopping in the past, or doing that still?
Have you invested into a system, course, trading & tips service, trading rooms and regretted your decisions, not to mention lost money? 


Well then don't worry you are not alone... these are common mistakes traders make in an early part their career and it's not your fault... let me say it again...

It's not your fault. - Dean


I have struggled with this in the past myself, and if you are struggling too, it's not your fault… You made losses because you were never told the complete picture, you want to change that, don’t you? You can do this, so throw the fear of not succeeding out of your mind, just let me explain this to you…

Trading success does not lie in an indicator or technique, they told you a lie because it benefitted them… The reason I am sharing this with you is I don’t want you to reinvent the wheel. Just knowing this won't make you successful, you have to put in the hard work at the end of the day, right?

So are you ready to finally start your journey to becoming a consistently profitable trader? Believe me, you can…

Thursday, January 10, 2019

What Is The Most Important Quality Of A Successful Intraday Trader?

Intraday trading can be one of the most difficult types of trading type. The reason is the sheer amount of information one has to handle, be it charts, indicators, broker terminals, news, events both scheduled and surprise, own psychology, open positions, looking for new signals and on and on and on...

All this makes intraday trading a difficult beast to master, but the lure of daily profits is what keeps bringing the hordes back to it. So to be able to handle all this and still come out successful you need to have some attributes or qualities if you call them that.

Let's discuss some of them today. This is by no means an exhaustive list, but I am sure it will be helpful, and at the end of the post I will also share the solution I found to be very useful for such high-frequency trading, so read the post till the end...

Wednesday, January 09, 2019

What Is The Best Technical Indicator And How To Use It?

Technical Indicators are simple mathematical formulas derived from price and volume. But a novice trader never looks at them like that. For a beginner, they hold the promise of great riches. A few simple tweaks and the indicators are bound to give them the financial freedom they desired. But we all know how it pans out in the end...

It's not how an indicator is calculated that holds the value, but how a trader uses and interprets it that will decide the ultimate success... But the topic of technical indicators always makes for an interesting read, read my view on them...

Disclaimer: I have spent the better part of my trading career running after these indicators, tweaking parameters, jumping from one indicator to another, basically, searching for the holy grail of trading, luckily I discovered nothing...

Saturday, January 05, 2019

Why You Must Use Market Profile? Especially If You Are A Beginner...

Market Profile, the buzzword that is on the minds of all traders nowadays. Some have already learnt it, some have started learning, some are thinking whether it will be worth the effort and yet again some are denying that it is of any help. What can a beginner, someone new to trading, someone keen on making it as a successful full-time trader, do in such a situation?

Well don't worry, after trading for almost 13+ years and with the market profile for well over half a decade, I think I can provide you with the answer. This is not a tutorial of the nitty gritty of market profile, I will cover it elsewhere, nor is it about the basics or core concepts or trading strategies with the market profile, I have a full-fledged online course for that...

This post will try to answer why in the hell you should, or rather you must learn market profile?



Thursday, January 03, 2019

Basics Of Technical Analysis for Beginners

Technical analysis has been a cornerstone of my journey in the markets, which spans over a decade now. I have learnt a lot over the years sometimes by voluntarily by studying books, videos and courses and sometimes involuntarily when markets gave me a slap on the wrists for being complacent.

But this journey has been great and technical analysis has now become my life. I am crazy about it and thought it would be nice to share my views on this huge topic...