Intraday compounding experiment analysis

Introduction

In the years 2007 & 2008, I was a premium video subscriber of John Carter’s (Author of ‘Mastering the trade’ book) website. I had seen him taking a $10,000 account to $100,000 in 1 year and that was the first time I ever saw someone doing compounding in a trading account live. It brought a major impact on me as it acted as a great inspiration for me to think beyond what I thought was possible. Many of us think that compounding word does not apply to trading and it is an ‘investing’ term. Far from the truth, 😊 Any financial account should be exposed to compounding !! » More »


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Backtesting An Idea/System

Traders

Backtesting is a topic that always attracts one set of traders and despised by the others 🙂 The topic is pretty vast and this blogpost is just a basic primer on Backtesting. It is gonna be a long one but i believe, it will be worth your time 🙂 » More »


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Procrastination And Ways To Overcome It

Traders

I always wondered why traders never get to the point of creating a solid trading plan/system and the reasons behind this phenomenon.

I love writing articles about trading psychology and this topic made me come out of hibernation. This blogpost is a small attempt to see the probable reasons behind procrastinating in formulating a system – from a psychological perspective. » More »


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Trading addiction and its antidote

Traders

I have been running workshops couple of times in a quarter and get this question a lot – Is trading the markets an obsession/addiction? – Answer is both YES and NO. » More »


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Lessons from market wizards – then and now

I read Market wizards book some 11 years ago and remember highlighting so many points that made sense to me those days. After someone talked about Jack Schwager recently, i thought i should read that classic book once again. » More »


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Master of one or Jack of all trades

Traders

Everybody wants to be a jack of all trades but many dont bother to master anything specific. This blogpost tries to analyse this topic from trading point of view. » More »


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Professional vs Amateur trader

Traders

This blogpost is a small effort to delineate the thought process of a Professional in comparison to an amateur trader. » More »


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Get comfortable being wrong

ComfortZone

Human nature is to be right all the time. Nobody likes to be wrong even in petty/useless arguments. This particular thought process is one of the primary reasons for many opting for methods that shows high winning percentage with abysmal Risk:Reward ratio. Many of the world’s renowned traders are trend followers and trend following usually delivers something that human brain is not used to – More losers than winners with superior Risk:Reward ratio. » More »


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Your trading is exciting or boring?

Trading is boring

Introduction

Many folks find trading the markets pretty exciting. Why not? Seeing the tickers move wild can give great excitement to anyone and the prospect (not actually making money..just the prospect) of making money can give the best adrenaline rush . A fun-filled activity right? As a matter of fact, they become really sad when the markets are closed as there is no fun in mundane daily activities. » More »


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Achilles heel of a Discretionary trader

Discretionary trading

Achilles’ heel was an unguarded weakness that ultimately brought down a hero of Greek mythology and this post is an attempt to understand the things that has to be kept in mind while designing a trading methodology as a discretionary trader. » More »


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