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My 5 Biggest Trading Mistakes in Stock Market

29 May

All stock traders had their good and bad days. In my years of trading in stocks, index futures, commodities, and options, I would say that I made a lot of mistakes and therefore lose money or make profits lesser than what I am supposed to earn. The worst of all these was that I kept repeating my same mistakes again and again. I knew where I had gone wrong in my trading strategies. I would like to put up this blog post to share with you of my trading mistakes as well as to serve as a reminder to myself so that I will not repeat it. I look at financial speculation as a serious business and I am adamantly committed to this course to unlock the secrets of the stock markets. It is one thing to know the workings of the stock markets, and another to get rid of our natural habits that are not built for financial investment and speculation profession. We must work hard to improve our trading skills and accuracy as well as getting rid of the bad habits that is in-built in us that cause us to lose money in the long run.

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5 Sure Ways for Stock Traders to Lose His Money

27 May

I have to write this. During this recent bull-run, some of my friends lose quite a substantial amount of their trading capital by shorting the index futures. Instead of cutting their losses quickly, they compound to their mistakes by adding short positions as the index futures traded higher each day. In this post, I would like to bring out 5 sure ways to lose your money in the stock market, commodities market, or forex. You will be surprised that many of the index futures traders out there are practicing these and therefore on their ways to financial ruins. Don’t do this as it will hurt your pocket and causes you to lose your precious trading capital. Apart from sharing with you on these few key points on stock trading wisdom, I will also share with you on the traders’ psychology and why they kept making these mistakes and were not able to rescue themselves out of this financial mess.

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Trade for financial freedom and dance like Matt

7 Dec

How many of us want to dance around the world like Matt? He got sponsor but most of us are self-funded. So, one of the ways we should go about is to trade and invest for our financial freedom. Well, stock markets, commodities and forex are some of the most profitable markets in the world. All we need to get there is thru the mastery of technical analysis. Once we master this charting skill, we could trade in any financial market in the world. Ok, remember that the most important thing is that we get there eventually. Finally, remember to do the Matt’s moves when you are travelling round the globe while trading in your hotel room. Enjoy your success.

Stock Market Operators: Do they exist? How do they manipulate?

11 Nov

I believe that most of us have heard of stock market operators. They are known by many different names and they are constantly the blame for our financial losses. In some parts of the world, they are known as sharks, syndicates, big bosses, speculators, liars, cheaters or stock market manipulators. Some of us cheer their existence and their operations while some cursed them as if they are the culprits to our financial ruins. Are they our friends or foes? As the famous saying goes, know thy foes and you will have the upper hand in battle. In this post, I will challenge and dare you to swim with the sharks and eat from the crumbs of their feeds and not to be their feed. Here I would like to bring out some of my personal thoughts on this question that most newbie has.

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Patience – The key to successful investing and trading

1 Jul

"Wait….. Wait….. Wait….. NOW!" this phrase is often heard in war movies before they strike the enemy. Patience whispers to us to wait for the right moment before striking. Patience continues its echo in nature and also in many aspects of our life too. This is the principles behind many successful people and this is one of the very important traits for investors and traders. It doesn’t matter whether you are investing for the long run or doing short term trading or even day trading, patience is the key to your success. I can’t stress enough on this. Let’s see how we could improve our investing skill and trading timing with patience as one of our virtue.

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Why losing money in market may not be a bad thing?

14 May

Losing money in market is terrible. Yes, it is. But it depends on how you look at it. Truly everything is in the mind and how we perceive things around us. Many will remorse over the loss of money but now I am telling you that losing money in market may not seems that bad if you keep the following thumb of rules in your mind. Hammer it down to your brain if needed. It works.

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The power of confirmation in trading

14 May

You got a trade setup forming. It looked like it was going to break out to continue moving up. Now what? You tell yourself that it is going to move up now. You got to jump in at a better price before anyone else get to know about the stock. You have a great deal of confidence in that particular stock. Quickly you called your broker and place the order in the early morning. Things are going smooth until you came back from lunch. The stock that you bought was drifting downwards. When the market closed, the stock price was at the low of the day. You started to question what was going wrong. You looked at the chart again at the end of day and you realized that you jumped right at the top. There was no confirmed trade setup. It was just hype. Does this sound familiar to you? That is why confirmation is so important in trade setup. In fact it is so vital that without it we are just taking too much risk with our trading capital.

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Success recipe for trading and investing

14 May

Many people are searching for the holy grail of trading and investing. Is there one out there? Surely there are techniques to give us a trading edge but that alone is not sufficient for us to be successful in the profession of trading. The way to be successful in this field is to take a holistic approach. I have break down the success recipe for trading and investing into 3 main pillars. They constitute the main ingredients for trading and investment success. Follow the recipe below to achieve your financial goals in the financial market.

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