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Can Trading Make an Easy Living?
Mark Douglas. Image from Internet.
If you will ask expert such as Mark Douglas this question, “can trading make an easy living?” To many you will be surprised that his reply will be quite certain that “No”. In his opinion, trading is complex and is the hardest way to make an easy living.
Who is Mark Douglas? Mark Douglas is the famous trading psychology author.
Trading is a journey.
To Mark Douglas, trading is a journey.
What You Need So You Can Be Successful in Trading?
Many will agree that you need the following,
1) to be discipline
2) to have a great system
3) follow rule No 1; follow your rules, follow your system
Singapore Stocks Scan Straits Times Index Analysis July 3
Singapore stocks benchmark, Straits Times Index, STI had broken the 3300 level. Price action keeps testing the level, is it a significant level? Will see.
Slow MA, 100 MA still slopping down, Fast MA, 20 MA crosses below 50 MA, 50 MA crosses below 100 MA. Price action is below 20 MA. Price is bearish bias.
Straits Times Index, July 3, 2015
The next topic we shall explore is “how to be more consistent?”
Thanks for visiting the website, have fun!
Moses
DISCLAIMER
Site advice, “Stock trading is not a get rich quick scheme and it is high risk”.
Information provided here is of the nature of a general comment only and no intend to be specific for trading advice. It has prepared without regard to any particular investment objectives, financial situation or needs. Information should NOT be considered as an offer or enticement to buy, sell or trade.
You should seek advice from your broker, or licensed investment advisor, before taking any action.
The website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids.