Price Action Based + System Trading Webinar

Introduction

As many of you know, I have been trading just the price (aka price action trading) for the last 14+ years. During this lockdown I have been getting requests from all over the globe for conducting online webinar on how I trade price action mechanically (absolutely no discretion involved). » More »


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Get comfortable being wrong

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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Twitter poll on expectancy

Trading Journal

I had put a poll on twitter yesterday with options to choose from various combinations of Winrate and Risk:Reward(RR) » More »


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Law of Large numbers and its implication in Trading

Besides loving to trade and playing cricket, I am an ardent subscriber to the statistical concept – the law of large numbers. According to probability theory, the law of large numbers is a theorem that describes the result of performing the same experiment a large number of times. Moreover, the average of the results obtained from a large number of trials should be close to the expected value, and will tend to become closer as more trials are performed. » More »


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Trading Q&A Audio/Video 2

Audio/Video response to a set of questions i received in a private facebook group

Here is the A/V link:


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Trading journal – why should a trader maintain it

Introduction

Journaling our trades or in rudimentary terms, record-keeping is simply recording the trades with different set of values but it is not as simple as that. Now, I can hear some voices – ‘What is the big deal about journaling my trades? I have the best method in the world which is raking in 10% profits per week and so, I don’t need them” Fair enough. Happy for you!! » More »


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Trading Q&A Audio/Video 1

Audio/Video response to the tweet posted on April 26th 2018

https://twitter.com/madan_kumar/status/989432327846576128 » More »


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Bouncing back slowly but steadily

Mentoring

A trader asked me a question about how to develop the discipline in following his trading plan. Am sure many of us can relate to the questioner’s mindset in ‘trying to recover the losses as quickly as possible’. It is clearly evident that the trader does not believe in bouncing back slowly. He is also well aware of the risks involved in trading stock futures on result days but he could not control the urge to put on a trade. » More »


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Why do we exit prematurely from a trade

I had the privilege of meeting so many traders last weekend in a trader’s conference in Lavasa, Pune. It was an excellent eye-opener for me with respect to the struggle a budding trader goes through. Different traders had different issues and wanted to talk about a common issue among traders in this post. » More »


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