"Trading Education" Posts

The Mid-Autumn Festival vs. Full Moon

By Lawrence
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Chinese people were celebrating their Mid-Autumn Festival on Thursday worldwide while the astronomy enthusiasts are going to observe the full moon tonight. But isn’t Mid-Autumn Festival supposed to happen on the day of full moon? Since many traders believe in the effect of the moon cycle on various financial markets. It is a good idea […]

From Flying Fighter Jet to Trading as Life Long Career

By Lawrence
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I have been exchanging email with Ron, an old friend from Netherland, lately and here is a short story of his path to establish his trading career. Ron was part of the Dutch Air Force. Since then his career had been revolving around airplanes until he tried his hands on silver and gold contracts. That […]

Tough Trading In Coming Few Months

By Lawrence
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US election is early November. Olympic occupies pretty much all August. Although they are completely independent events, yet their schedules are set to happen together every four years. This combination creates a very interesting trading environment that happens only once every four years. From August to October during US Election year, we usually experience exceptionally […]

Relative Efficiency of Return on Investment with Trading Comparing to Other Businesses

By Lawrence
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I wrote in my blog two weeks ago about trading income which somehow generated quite a number of emails asking for clarifications of what I mean. So here it is again on the same topic with examples to illustrate the point. This should allow people who is interested in starting their own businesses or in […]

Legally Preparing for the Unexpected

By Lawrence
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A trader friend experienced chest pain and numbing feeling all over on her upper body earlier this week. She had such experience before and thought that by resting and taking a few pain killers the troubles would go away. It did not and she was hospitalized that night. Later on she went unconscious. The family […]

Looking at Trading Income from an Entrepreneur’s Point of View

By Lawrence
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Most people who are not interested in trading (or day trading) think of it as some kind of gambling. Many who work in the financial industry worship traders as some of them legendarily making millions every year. Yet, some others who are more familiar with the trading world know that majority of traders, especially retail […]

Allergy Hell, Lapse of Judgement and Value of Time

By Lawrence
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I have not had a food allergy episode for many years. These things are bounded to happen though and I have lived through one this week. It is a good reminder than I need to be much more careful when I dine out. More importantly, I have relearned my lessons about lapse of judgement and […]

Managing Oneself

By Lawrence
Wha, wha, what!!??

I received quite a number of emails lately from young adults, who are aspiring in becoming professional traders, seeking for advice. Most of them are looking for pointers on what books to read, what courses to take and what trading related knowledge they have to acquire. I asked quite a number of questions about themselves […]

Nurture from Within To Improve Your Life in Anything

By Lawrence
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Those whose career is stuck in their field, including many beginner traders, often seek for help with a narrow focus on acquiring specific skills to advance their careers. Yet, what I learn from helping many others is that skills and knowledge in specific domain can only carry a person a bit further. The better solution […]

Internet Access, Trading and Writing

By Lawrence
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Another week of torture by my ISPs yet no solution offered by them. Internet stability is critical to my trading business and I am not able to control this one factor after so many years. I guess moving to another country with better internet infrastructure is the best way. For now, I have to spend […]