"trading" Posts
Time To Slack Off 2014 Update
By Lawrence
Last week my trading goal for the year was reached. It happened so early partly because I have a modest goal this year. The main reason, however, was the swing play for the market correction worked out nicely. At this point, it is time for me to slow down with trading and spending more time […]
Is Day Trading For You
Many people find day trading very attractive as a career but never really spend the time to think it over before committing themselves to a surprise journey in hell. It is not what most people think and it is not suitable for most people. Following series of articles is a serious discussion on the subject […]
Time To Slack Off 2013 Edition
By LawrenceAs of this Thanksgiving, my trading year is done. It is an unusual year for me in many ways while it stays the same in others. I will still trade a bit here and there but nothing more than that until end of this year. Over the coming month, it will be a good time […]
Forex Trading Open Secrets: Euro Dollar Winning Strategies Vol. 1
| Trading Forex cannot get simpler than this – just 5 minutes a day you know exactly what you have to do. With impressive 1,400 pips a year performance under its belt, this collection of trading setups will surely surprise the most picky skeptics. This ebook is redefining what forex trading is all about. | ||
| by Lawrence Chan | Price: $35 | Member: $30 |
Essence of Trading: The Three Pillars of Critical Thinking (Part 4)
By Lawrence
… continue from part 3 "The only thing more expensive than education is ignorance" – Benjamin Franklin Self-correction is the most difficult part in critical thinking. We may be very logical in analyzing a situation. We can be very objective in evaluating things. Yet, it is very difficult to apply these two skills onto ourselves. […]
Essence of Trading: The Three Pillars of Critical Thinking (Part 3)
By Lawrence
… continue from part 2 "Being ignorant is not so much a shame, as being unwilling to learn" – Benjamin Franklin Stop Associating Common Terms With Market Conditions Until You Can Understand What They Really Mean The first most common mistake I have seen is that someone telling everybody that a stock (or whatever that […]
WTF “van Gogh” Platinum Card …
By LawrenceSometimes cultural clash can be quite absurd. I just learned that in Asia there is this credit card named "van Gogh" Platinum Card and a financial institution offering the "van Gogh" money management service … I understand if you are Asians, you probably do not understand what is wrong. If you know anything about van […]
Essence of Trading: The Three Pillars of Critical Thinking (Part 2)
By Lawrence
… continue from part 1 “Real knowledge is to know the extent of one’s ignorance” – Confucious Objective Evaluation Is Difficult To observe and collect evidence from something physical is quite different from doing the same on abstract data. Physical evidence like a kid who got a black eye after school is easy to identify […]
Regulations? What Regulations?
An article offers a good glimpse into the way how Wall Street really works in the 1990s, Insight: Trades from 1990s come back to haunt Wall Steet http://ca.reuters.com/article/businessNews/idCABRE97P0BO20130826 All these OTC long term derivatives the big institutions holding should not be created in the first place. It is no different from AIG writing all those […]