Trade because you have a trade. Never trade because you have to trade. That simply means that if you don’t have anything to trade, don’t trade anything. It also means that you should only trade when there is an opportunity for a low risk trade. [...]
The market will give you what it wants and it will take what it wants And that is why I don’t bother with profits and instead place my focus on losses. The market will give you whatever it feels like giving you. On a generous [...]
People often ask me what I mean by “trading defensively“. That is a very simple question with a huge base of answers of which some are really common sense stuff that we do in our every day lives. So starting this week, every Monday, I will [...]
The original article was featured in the Straits Times on Sunday 16 August 2020 (Click to subscribe). I have written many similar pieces with regard to financial management over the years but it seems people indeed never change as with each new generation of working class [...]
“But paper trading is not real." That’s the usual reaction I get when I encourage students and newbies to practice before hitting the markets with real money. Of course it isn't real and that is why it is so important to understand why and how [...]
