Lately, I have been spending my time working on my ATS (automated trading system), developing strategies and risk management models. I visited few forums, reading some brilliant ideas, and of course, unavoidable, some junks. While reading the postings by some new/struggling traders, I have some thoughts. What do you really need to learn about trading? […]
Archives for February 2009
Weekly Wrap up
It was a chaotic week. Mentally. I was not troubled by trading, but my day job. I am not sure what is my next move, and there are just too many uncertainties around. These also crippled my ability to trade last week. I found myself losing the ability to think clearly. I closed all my […]
Pivot play example
Here is an example of how you can use pivot and Fibonacci to trade currency. Pretty straight foward. We sell short at resistance levels. As a rule of thumb, don’t look for a specific price level, instead, we are playing with the price zone, or some say price range. No magic level in the market, […]
Many Australian cruising through the crisis….REALLY?….
“For Gen-Y type staff, they are just scratching their heads to work out how the global financial crisis is really impacting them,” he says. “If they’re not paying off a home loan, if they haven’t got substantial share market investments but they’re in secure employment, then theyre probably not seeing a great impact. If anything […]
