Firstly, I would like to state that this book is one of the only ones that explore the emotional journey that a trader goes through, and it does it very well, with a “Waterworld” or “ego trade” a page. It perfectly captures the mental anguish one goes through when making a loss trading. So, on… Continue reading A book review of Making Money From Trading by Cat Davey
One of the many complaints of the average Brit these days is that “I can hear people speaking Polish on the streets.” When questioned as to why that is a bad thing, they replied “Because they’re taking up our jobs.” However, when asked the question, “why is that a bad thing for Britain as a… Continue reading Why the UK needs immigrants to help revive a disenchanted country
To the regular person, Forex almost universally is regarded as the best way to get money quickly and simply. I feel that this is because of a lack of information – they are misinformed, if you will. Professional traders may come up with all sorts of reasons as to why Forex is hard to trade,… Continue reading Why I find Forex to be harder to trade than commodities
Whenever I hear people talking about how they would trade if they had the chance, one sentence remains prevalent in all the conversations I’ve seen. “Buy low, sell high.” The problem with that is, what exactly is low? Oil at $70 could have been construed as low, and I seriously thought that that was it’s bottom.… Continue reading The trader’s fallacy: “Buy low, sell high”
One of the biggest dreads I’ve had during my limited time as a trader is the fear of a stock gapping up or down. For those that don’t know what it is, “gapping” is when a share’s price either rises or falls severely when the stock market opens for the day. Why could this be… Continue reading Gaps: A trader’s worst nightmare or their best friend?
Now, I might not seem like I know much about this, being only 14 and all, but from my limited experiences of trading, it is not like the job that many people look at it as, with rose-tinted glasses. It’s all well and good that you can stay at home and work, but how far… Continue reading Why trading is a harder job than people give it credit for
These days, people are busier than ever before. With the addition of technology into the world, time has never had such a high value. If it was a stock, it’s value would be through the roof! Because of this, commodities like WTI Crude Oil and currency pairs such as EUR/USD are gaining market depth at an… Continue reading Why young people love volatility
First blog post! Yay! Let me start by introducing myself. I’m Shrey, I’m 14 years old and I have recently discovered a passion for trading, and, more broadly, finance in general. I’m in the process of setting up a club about the market in general in my school and have read 2 books so far,… Continue reading The importance of emotion in trading