Not wanting to miss the opportunity to make a lot of money, yet not wanting to endure the pain of significant drawdowns, is something no strategy can achieve; it all comes down to luck. To make a lot ...
Everyone has a different understanding of trading systems. Some people prefer complexity, with a fondness for flashy multi-period, multi-indicator systems. Others advocate for simplicity, believing th...
Many people understand that they need a trading strategy, or in other words, a trading model, when they engage in trading. So what does a trading model consist of? Technical indicators. As a result, m...
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A trading system, of course, should be simple and practical, for simplicity is the ultimate sophistication. If you create a complex and unfathomable trading system, it is merely a form of self-decepti...
Day trading is, in my opinion, the most challenging of all trading styles because it is fast-paced, with emotions fluctuating rapidly and a significant test of human nature. In the early days of my tr...
Everyone's level of comprehension varies, and so does the time required.Whether it's stocks, futures, or forex, most people need more than five years to evolve from a novice trader to a consistently p...