Recent Jump to EasyLanguage coding

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Holidaying in Paris (hunting street-art) on a two week break from the markets. That said, here is an update of what has been happening on my trading front.  

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Stepping stones to successful forex trading

It seems the many countless hours I have spent in conversations with several trading buddies, with the discretionary trader here at the hedge fund, and sharing offices with several full-time retail traders over the years have turned me into a bit of a trading therapist and actually put me in a relatively good spot for helping other traders with various aspects of their trading, such as money & risk management, understanding of probability, routines workshopand processes and strategy development.

Thus on Saturday, I spent two hours with someone who has been urging me to give him some coaching on the trading front.  Despite having difficulty generating consistent profits, I was able to share a good amount of valuable and useful knowledge with him.

Here’s the outline of what I discussed this with him – came up with this after thinking hard about what i consider are the cornerstones of becoming and being a successful trader. Thought this might be of interest to other traders and people considering getting into trading.

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Oil and Forex Trading Update II

prudential100

Not sure what was more challenging last week – back-testing the trading strategies or completing 100 miles on my hybrid bike (along with 30,000 other keen Londoners!) on the Prudential100 charity ride.

In any case, here’s a weekly update of the continuing work in testing and designing a trading strategy for the Oil and forex markets.

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Oil & Forex Trading Update

Another week of decent progress in trading strategy development.  Working hard away in my office.

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Collected good experience in articulating and formulating some of my evaluation and decision making processes into Microsoft Excel formulas.  It is not as difficult as I had previously thought.

Here’s an overview of what progress I made….

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Trick-or-Trade: Weekly Forex Trading Wrap-Up

Last week was a tough one for me battling insomnia & flu – but I tried to crack on with my strategy development.

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Sickness & Trading aside – key highlights for last week had to be watching several exciting mountain stages in the Tour de France at the local Rapha cycling cafe.  The hard-trained cyclists are a constant source of inspiration for my trading ambitions.

Here are details of what I did, conversations I had with various traders, as well as another bunch of good links on trading content. Continue reading

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A few words on hard work, talent, persistence & success (for an 18-year-old)

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My nephew asked me for advice a couple of days ago. Thinking about what advice to give him, I figured that the ‘answer’ could be useful to a lot of people.  It’s one of those things that everyone is bound to know or heard of, but it never hurts to have a reminder of it, as knowing about it, and actually doing it, are two quite different things.

Thus, this is not going to be a trading-specific blog post but it can well be applied in a trading context. And the question could equally have been asked by any adult.

Here’s the situation and the advice…. Continue reading

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