I have received many questions from traders asking what is the secret to be a profitable trader. Based on my experience, besides having good trading strategy, you need to have good trading habit for your daily routine. This is because having right habits is also one of the building blocks to success, whether in trading or life. Read More
Have you ever wondered how to know whether you are progressing well as a trader or not? You are eager to know exactly how far you had come and grow as a trader. There is no other thing to measure your progress besides cultivating good trading habits and measuring your trading performance, or isn’t? Read More
Have you often trapped by FKLI or FCPO and lose money? Often you identified what you thought a potential trend continuous , you executed a trade and only to found out that the market went against you. It is very frustrating, isn’t it?
Yes, I understand your pain. I too, used to getting trap by FKLI & FCPO when I was just started my trading journey.
And I thankful for those painful experiences or mistakes because now I learned how to avoid those traps.
Are you competing in the premier league of traders? Want to see who is the best trader and who is the worst? Who had the best largest profit in a single trade, who suffered the biggest losses? Do you always measure yourself against the successful traders?
As human beings, we tend to admire and idolize these trading heroes. Unfortunately as human beings again, we WILL compete with each other to see who is the king of the hill or who is the BIG SHOT! However you must not overly depressed if your results are not as good as them.
All trading disclaimers in every investment and financial websites stated that trading involve risks. There are some risks which you can control. If you do not control your risks properly, you are reckless in trading and you guarantee not going to be a successful trader.
What you cannot control:
You do not need to be super intelligent and use complicated strategies to be a profitable futures trader. In fact, profitable traders just did a few things differently than regular trader.
In this article, I going to share with you a few small tradings tips that have TREMENDOUS boost on your trading performance.
Happy new year fellow traders! Before I like to start with my article, I want to wish my fellow traders a happy, healthy and prosperous new year.
2016 is over and regardless whether you had a successful or bad trading year, let us do the necessary so we can make 2017 the best trading year for us yet! Let’s get started!