Lessons 1 to 5 from my series are universal lessons in trading. The series itself represents a valuable and powerful blueprint for a dedicated training path to be taking into consideration for anyone trying to become a professional trader, no matter the markets, time-frame, style, instruments. Lesson 6 will be a little different because it will only address the knowledge requirements for my own trading style - intraday trading US stocks.
Sunday, January 19, 2014
Saturday, January 11, 2014
The risk management pillar discussed in lesson 4 requires a great amount of discipline. In order to be able to implement and maintain this discipline it is not enough to intellectually understand what you have to do, it is also required that you actually ACT "in probabilities". This is one of the greatest challenges all traders face, the inability to act as required because of the way human mind works. This is why the professionally crafted training path mentioned in lesson 3 will have to include psychological training applied to trading.
Posted by Ovidiu Susan at 3:04:00 PM
Wednesday, January 8, 2014
The first knowledge pillar you need to master is Risk Management. Do not learn anything else until you fully understand this pillar. Do not start to trade, do not read technical analysis ... don't do anything else ... just Risk Management.
Posted by Ovidiu Susan at 9:30:00 AM
Tuesday, December 31, 2013
Lesson 3 (A professionally crafted training path) - free crash course on stock trading for retail traders
If you want to improve your chances to succeed in this business I strongly recommend you follow a professionally crafted training path. You can use these free mini lessons as guidelines towards the skills you need to acquire and needed educational resources.
Posted by Ovidiu Susan at 12:03:00 PM
Monday, December 30, 2013
Trading for a living is a hard business. The failure rate is very high ... some say around 90-95%. In order to maintain your engagement through all the ups and downs and, most importantly, survive the learning curve, a great deal of motivation is required.
Posted by Ovidiu Susan at 3:33:00 PM