Here is an important note quoted from Van. Tharp’s Trade Your Way To Financial Freedom, 2nd Edition. Just to note it down here, and hopefully it helps some of the 12 readers.
Given your goals in terms of returns and drawdowns, what kind of initial risk stop do you want? If it’s close, will you be [...]
This is one of my favourite movies. This is the scene where Chris (Will Smith)takes his son, to play basketball and tells him to never give up on his dreams.
From the desk of Tradergav.com
We had a short conversation over at Twitter to discuss the importance of higher probability setup (I assume this implies the setup provides higher winning rate) and risk/reward ratio. I quoted the twitter messages here. I thought this is an interesting discussion, and it shows the different risk perception, tolerance and expectation of each trader.
There is no [...]
I was looking at EURUSD (Forex:EURUSD). To me, Euro has been running too far, it is time to take a break, and, maybe, come home. We are approaching resistance area, and I am looking at the possibility of seeing 1.4 again. Just as I mentioned in Twitter (follow me if you like my [...]
While I am still in my Long positions of USDJPY and GBPJPY (this is to answer those who sent me email asking about if I am in the position), I found this video prepared by Adam from market club. What now for Dollar vs Yen relationship?
Another nice free analysis video. Check it out.
From the desk [...]
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