Hello everyone, I'm here to open a pancake shop again. Let me first tell you the difference between stocks and bonds with a little story.Suppose I want to open a pancake shop, and it requires a total ...
I often liken trading to running a company or doing business, where position management in trading is akin to financial management in a company. Even if your trading skills are exceptional, poor posit...
I read the book "Trading for a Living" many years ago, and recently, I read its second edition, gaining some new insights. Today, I will interpret the essence of this book and share it with you all.Th...
A few simple sentences summarizing trading secrets:1. The future market is uncertain and unpredictable.2. The market is either trending or ranging; choose one as your trading philosophy and then devel...
This issue is crucial, yet it is overlooked by the vast majority because futures trading is an industry with a low entry barrier. Adults with capital can simply open a futures account and start tradin...
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 ...