jmot: Great, finally an entry opportunity after 3 days of ambush.
(After a while…)
jmot: Breakout confirmed. Making entry now. Wait…oh dear, drew the range wrongly…sh*t!  No choice…got to abort the trade according to trading plan.
jmot-angel: Great job, jmot, you managed to stick to your trading plan! The market will always be there. There will always be […]

Popularity: 7% [?]

Check out this article. Mainly, the article talks about slippage and stress that makes trading shorter timeframe (the likes of 1 min and 5 min) charts difficult.
Is anyone of you trading off the 1 min or 5 min charts and finding it a challenge to do so? Well, I for one, used to be demo-trading […]

Popularity: 25% [?]

Just like to share this pdf which I came across while looking for trading resource online. The article aptly sums up what I have learned in the last 3 years. The hallmark of a true blue trader neatly summed up in 20 over points.
To your success!
If you find this post or this blog is helpful […]

Popularity: 36% [?]

What is intraday? For the purpose of discussion, let’s agree that when we say “intraday” we mean opening positions and exiting the same positions within the same day.
So why intraday strategies for a start then?
#1 More technical analysis than fundamental analysis
Intraday strategies typically focus more technical analysis then fundamental analysis. Whether support/resistance or trendlines are […]

Popularity: 27% [?]

I have failed miserably these few weeks with my paper trading attempts. Some trading systems just cannot work in such high implied volatility environment. Well, learnt something new again.

So there is no such thing as THE trading system. The market is too dynamic for such a trading system to exist. Moving on to evaluate […]

Popularity: 8% [?]