I believe intraday strategies are much simpler than positional :) Intraday is like an atom. Positional trading is like compound. Its far easy and...
Fully Agreed :) Time and again we have to document those exceptions as well. They form the entry/exit rules. Some of the regular exit rules are:...
I believe that we can DOCUMENT our strategy if we are REALLY clear about how we are trading :)
Or may be we need to change our tendency towards trading :)
But why it took 20 years? In other words 'Why does it take so long?' Lol If you rewind and replay your years... what would be your dos and donts...
Can you please share your insights :)
Can you please expand 'get it' for the benefit of others. This community is so shy to ask... Lol
NEEDLE in the COMPASS always shows NORTH direction. If the captain aligns the needle to SOUTH then the ship has to revolve around the world for...
Any art has some logic in it :) However we can't say art, music,etc is science ...lol Makes sense? Business is an "Art of Psychology" . Trading...
Since trading is a business and since business is an art... not a science... no artificial or natural intelligence will work.. Lol.. One who...
Thats intetesting info :) On the otherhand professional traders see the price action as nagotiation between the speculators and the market....
Trading is FUN-DA-MENTALLY a Psychological Skill and depends vastly on our energy levels. The root of psychological imbalances is in our energy...
Think about taking some pain of hiring an author to write a book on your trading journey :)
Thats Wisdom :) In 'Bhagavatgeetha' an ancient scripture in India...there is a famous quote 'do your duty and expect not the result'. It...
This i call as Business Skill or Biz psychology or Biz Wiz :)
We need multiple strats to catch fishes of different levels of smartness. So far i have posted 4 strats on options. Soon i will post two more to...
Yes...every trading day is unique...every trading opportunity is unique...and every trade is unique. Thats why if a trader does not have a well...
Wisdom :) "Rule No.1: Never lose money. Rule No.2: Never forget rule No.1." - Warren Buffett
(Source : http://www.tischendorf.com/2009/12/20/linda-bradford-raschke-50-time-tested-classic-stock-trading-rules/) 1. Plan your trades. Trade...
(Source : http://www.tischendorf.com/2010/01/16/bo-yoder-and-vadym-graifer-6-stages-of-a-trader/) Very interesting description of how traders...
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