Showing posts with label way of trade. Show all posts
Showing posts with label way of trade. Show all posts

Monday, January 3, 2011

start 2011

Happy New Year.

2011 is the year I expect up trend, during Jan it would drop the bottom and make the lowest price of 2011, then it would be up trend until May.

Many people would join market and most of them leave market in this year too.

why most of traders lost and left market?
it might be pure gamble. but you can win black jack if you know how to do counting.
a common thing  about looser traders is lack of knowleage.,, does anyone knows how to calculate MACD? anyone knows what kind of important news and event we have in this month? anyone knows enought knowleage about arbitrage? it does not mean if you know all, you can win trading, but it is more possible to be success trader if you know more knowleage.
we can think Effort never tells a lie.
Good luck!

Tuesday, August 17, 2010

Hindenburg Omen

Hidenburg Omen --- http://en.wikipedia.org/wiki/Hindenburg_Omen

Recently it is occured.

August 16, 2010: Another unconfirmed Hindenburg Omen occurred, but just barely, as 70 stocks hit new lows as per www.stockcharts.com. This day coincided with record low trade volumes for 2010.


August 12, 2010: An unconfirmed Hindenburg Omen occurred, the first since the market lows of 2009. One nearly occurred on August 11, failing only in that 67 stocks hit new lows, rather than the required 69.

but it  is said that it is established 25%, then it is better to know Hindenburg Omen.
I bring umbralla when forecast say 25% chance of rain.

Friday, July 30, 2010

Preparation for beginners: How to win trade?

How to win trade? that's most difficult question if you cannot win your trading, but that could be easiest question when you start to win your trading.

First, let's think what we need for trade.
1. Time - we need time to trade
2. Trading - we must have our trading system that works to make benefit.
3. Capital - we cannot trading without money.

then, those 3 are first basic stuffs for trade,
and let's think about what we have to do for those 3 basics.

1. Time - we have to schedule time for trade.

 If you have another work and you are part time trader, you have to take a time for your work, then find free time for trade. It is better to make the same schedule everyday, market has trend each time, for example, forex market rise or drop sharply to make trend sometimes when London market is open.

 If you are full time trader, just trade all day, no matter you trade swing trade and have enough time, it is better to watch market anytime, that would be nearest way to be success trader.

2. Trading - we have to have skill of trading, trading mental, and trading rules.

 Skill of trading is absolutly trading system. if you do not have trading system that can make benefit, you just lose money.

 Trading Mental is important, we have to think anything can be happened on market, and be cool anytime.

 Trading Rule is required to have good trade, for exmpale, if you make Loss Cut Rule and always keep this rule, your trade is not fail at once when you loss. Next we need to know we have tomorrow everyday, if you lose, just study why you lose and rest until tomorrow, and be cool. Third, Market is always irregular and ramdom,  then we need advantage of possility, and trading rule give us advantage if we can keep our own rule.

3. Capital - do not give up no matter you do not have money, everyone ( most of people ) have no money at first, I even started from only 2000USD DEC/2003!

 When you start trading, you have to trade with your capital you can accept to lose all money. that's also trading mental to accept risk, if you cannot accept risk and cannot accept to lose all money for your trading, your trading would be difficult to work.

 If you do not have money to trade, you have to work and earn money, do not care how much it is, for example. if you invest 500USD from your salary every month and if you win trade with 2% gain average every day, one year later your capital would be 50K USD, it means you earn 4000USD ~ 5000USD every month and save all for one year, so we do not have to be hurry up anytime, forget about money, just enjoy trade. :)

* I do not take any responsivity for your trade, please trade for your own risk and responsivity.