My dedication and interest in the financial markets for more than 10 years has given me the privilege to work and share experiences with several successful traders in the Asian region. The experience of trading from both retail and institutional environments has given me a fair amount of exposure as to how traders from different trading environments approach the markets, as well as different roles they play to provide market liquidity on a daily basis.
Understanding the use of various types of applications and tools that traders today use to derive profits from the markets. I personally deem someone to be successful when he/she is certain of their strategy used, fitting into their personalities, commitment and return expectations.
Fact
- 90% of traders fail in the first year of their trading
- Institutional traders have distinctive advantages in terms of execution speed, technology, price transparency, trading environment, and access to information compared to the typical online retail trader.
- The trader lacks the knowledge. Be it in understanding of macroeconomics and its effect on the market and applying what they have learned in application to the different market situations. The retail trader lacks such understanding in realizing where the institutions see the retail and how the market create prices in entirety.
- Your shortcut to trading competency:
- Treat all losses seriously, learn from both positive and negative experiences.
- Learn from the experienced. Essence is definitely more important than outlook.
- Understand how your thoughts are mapped when you make a trade. Formulate your trading methodology based on your personal beliefs.
- Define every single step you should take when you take a trade, then drill drill drill..
If you are seeking guidance and understand that the only shortcut is to understand the market's function in entirety, I will be able to offer you a solution. Please contact me
here
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