I have been hot on the books “The Way of the Turtles”, “The New Market Wizards” and “The Market Wizards” recently. These books are really about the war stories of the many successful traders of our times.
The 3 books seem to resonate that professional gamblers (poker, black-jack etc) have a high chance of becoming successful [...]
Trading Strategies's archives
Successful Traders and Professional Gamblers
Scott Andrews shows that gaps can be traded!
I got to know about Scott Andrews (aka The Gap Guy) from Corey’s blog.
In a presentation I gave to a group of over 140+, I talked about how I sieved out better quality trading resource. Traders who demonstrate success of their trading strategy/system with statistics always catch my attention. Scott Andrew is one such trader. [...]
Unconventional Trading Strategies
In our search for THE trading strategy, I guess many of us have come across dozens of more conventional trading strategies that made use of:
technical indicators (ADX, MACD, Stochastics etc)
price action
support and resistance lines
candlestick patterns (doji, harami, evening star etc)
chart patterns (double top, flags, pendants, cup and handle etc)
As I got more acquainted with [...]
What Makes Learning Trading Truly Difficult
I have been pondering over this for the last few months. So just thought I will share my thoughts and seek some comments and feedback.
Information Overload
With the advert of the internet, web 2.0 and so on, we can find trading knowledge all over the place eg, blogs, forums etc. There are specialized websites that show [...]
Trading Short Timeframes Vs Long Timeframes
In my last post, I discussed about how can one know that he/she is trading a unsuitable timeframe. And I found 2 other articles that supported my claim:
Glen De Vadder wrote about how can one determine which chart timeframe is suitable. He broke down chart timeframes to 3 main types, namely, intraday, swing/position and long-term. [...]
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- vincent: Hi everyone, Very appreciate if anyone got the material mentioned by Brain and willing to send it to me. =)...
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