So ... you have learned about risk management, trading psychology and market analysis. You even learned about IT requirements, legal issues, brokers and commissions. What's next? Here comes the real hard part - putting everything together in a coherent strategy.
Wednesday, March 19, 2014
Friday, March 14, 2014
In this post I am going to talk a little about the issues you need to address from the administrative support point of view: legal issues, brokerage and commissions, information technology. This is the boring stuff nobody wants to deal with but if trading is your business you have no choice ...
Posted by Ovidiu Susan at 8:07:00 PM
Sunday, January 19, 2014
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.
Posted by Ovidiu Susan at 10:01:00 AM
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