Category: Trading Strategy
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R and R-multiples
R and R-Multiples R (aka R-value) and R-multiples is a concept developed by Dr. Van K. Tharp., the well-known professional trading coach who wrote several trading books such as “Trade Your Way to Financial Freedom” or “The Definitive Guide to Position Sizing”. So what are “R” and “R-multiples”? R or R-value is the initial risk…
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2019 Review
Timeline 2009I lost $700,000, or 70% of all the money I had in a trade gone seriously wrong. 2010I lost another $100,000 in a failed start-up business. I then decided to go back to trading. 2013I reached a low point of $35,000 left in my trading account.But after taking a break from trading to spend…
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My First Half of 2019 Trading Review
It’s this period of the year. The period when I reflect about my first half of the year, both on a personal level, and of course on a trading level. This is the period when I dare facing the harsh reality of what happened in my life, how I performed trading-wise. It’s time to take…
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My 2018 Trading Results – Another Turning Point
My 2018 Trading Results Alright. I’m not going to lie. 2018 was brutal. Savage.I was up 40%+ at some point this year. And here’s how I ended the year: Yup. Brutal.Anyways. I could blame the market, the algos, Trump, China, and just throw myself a pity party…. but NONE of this will change anything to…
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Living Off Trading: Is It Possible?
I receive quite a lot of questions revolving around full-time trading. Here’s a recent one I received on Twittah from @StrengthTrading: Hi There!I’ve been following you for a while and enjoy every post you make. I also read your free Ebook and really enjoyed that so thank you. I’m sure you get a million messages,…
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Making It Impossible NOT To Be Consistently Profitable
There is a simple mathematical fact in trading, which, although well-known, most traders immensely underestimate. Understanding the implication of such a fact can be of tremendous help in turning you into a consistently profitable trader, and helping you stay in that small circle. The 3 Numbers You Must Know About Your Trading If you…
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Journaling & Real-time Analysis – A Crucial Step Toward Making Money Consistently
If you’ve been following me for a while, you probably know that what I consider to be “the Holy Grail of trading” is post-analysis. Post-analysis is the process of reviewing your past trades, analyzing your mistakes, finding ways to avoid those mistakes, and improving your trading strategy. Now, of course, the only way you have…
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Honest Review – My Trading Results H1 2017
It’s this period of the year. The first half of the year is over. Which means post-analysis. I absolutely love it. This is the exercise that turned my trading around a couple of years back. It allows me to discover the mistakes I do over and over again, to find ways for me to reduce…
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What Means “Being Consistently Profitable” in Trading
In the realm of trading, we often hear that the ultimate goal is to become consistently profitable. But what means “being consistently profitable” in trading? What Does It Mean? First of all, not so many out there actually understand what being consistently profitable actually means. Well, being consistently profitable doesn’t mean making money every…