Category Archives: Trading

Breaking the Losing Streak

This is the elephant in the trading room. It is rarely mentioned, almost everyone thinks or hopes it won’t happen to them, but all traders will have to face it at some point. Even high winning rate systems (70% win rate) will hit ten (or more) consecutive losses sooner or later. Continues here

A Failed Pattern And A Few Trading Insights

I believe that a multiple time-frame analysis is necessary in order to get a clear picture of the trading environment.  That means looking at charts starting with the weekly time-frame (on weekends) and going through the daily, h4, h1 and 15min during trading days. Most of the time I seek confirmation from price action/chart patterns… Read More »

Gold Outlook – A Technical View

I read yesterday and commented on an article by Barry Ritholtz about the shiny metal’s outlook. I was surprised to notice that it attracted such interest with 148 comments so far. I’m not surprised though of the prevailing thought process that gold is somehow different from other asset classes like stocks or real estate. I… Read More »

Those Were the Days of October 2008

A very quiet open of the trading week with half of Asian markets on holiday. But it hasn’t always been like this. Exactly 6 years ago, on 6th October 2008 Eur/Usd gapped  lower 100 pips and then continued to go down some more 200+ pips by the end of the day. The move in Eur/Jpy… Read More »

What Can We Learn From Rogue Trader

I recently finished reading the book Rogue Trader by Nick Leeson.  Although I’ve seen the movie countless times in the last 6 years, I don’t know why I haven’t stumbled upon the book till now. Anyway, it was a great read and I highly recommend it. Not only because it’s well written, entertaining and has… Read More »

A Trading Interview with Market Wizard Mark Cook

Mark Cook is a trader featured in  Jack Schwager’s Stock Market Wizards book. Here‘s an interview he gave in May 2011 in Singapore. Some of the most important points he makes: there is always an opportunity to make money in the markets. You just have to find it. you have to know yourself and develop… Read More »