Search results

  1. Z

    Forex trading is so simple but not easy!

    It is about 2 1/2 months that I just added Froex trading as a part of my trading portfolio. It is fun and seems that just candlesticks with using major western trend lines are working well ..Just do not know if it is just me or everybody has the same feeling. Play it Safe, Zia
  2. Z

    index options spread question

    All qqqq,spy,dia,iwm are considered as exchanged traded Fund and will be treated as indices in term of tax purposes.
  3. Z

    index options spread question

    If you give the 2/3 of your spread then it is considered as fair deal..i.e 0.8/3=0.25 you can ask for bid+ 1/3 spread
  4. Z

    You Might Have Interest in Double Diagnal!! How it works?

    05 14:05:46 DBL DIAG Long Strangle BUY +10 XSP 100 FEB 06 132 CALL .60 LMT DEBIT BUY +10 XSP 100 FEB 06 122 PUT Short Strangle SELL -10 XSP 100 JAN 06 131 CALL SELL -10 XSP 100...
  5. Z

    Hope - A Deadly Word For Traders

    'The speculator's deadly enemies are: Ignorance, Greed, Fear and Hope.' Reminiscences of a Stock Operator by Edwin Lefevre. Hope is basically an ego defense - we don-t want to admit that we are wrong on a trade. The ego wants to uphold an ideal version of self that allows for only...
  6. Z

    Preserving Your Mental Capital

    It has often said that trading is not just about managing your financial capital, but also about keeping your emotional and psychological capital intact. The impact of loss control on your trading psychology and how to think about taking small losses before they turn into more damaging...
  7. Z

    There is a critical difference between 'being emotional' and 'being blinded by fear a

    "Fear blinds us to opportunity; greed blinds us to danger - emotions cause 'perceptual distortion' where we only see the part of the picture that our beliefs allow us to see."
  8. Z

    Mad at the Market!!

    It seems market is not taking care of you. Just remember 95% of the market revolve on the psychological of the trader's mind and market's behavior. This is one of the aspect of the trading which is unfortunately being ignored by traders. Trading is very simle but not easy!!
  9. Z

    Volatility And It's Importance To Optiob Traders

    Enjoy the free webinar Macromedia Flash (SWF) Movie Created by Camtasia Studio 2 http://www.interactivebrokers.com/en/general/education/webinars/oic-nov-2005.html
  10. Z

    DEVELOP the mental toughness to get you through ....

    • DEVELOP the mental toughness to get you through even the toughest times • BUILD a positive and confident attitude • EMPOWER your self-esteem • MAKE good decisions quickly and become a "decisive" person • CONQUER procrastination and get it done now • DELEGATE wisely so...
  11. Z

    Better to Predict...or React?

    Trading behavior is reactive, not predictive. As a wise trader once said, “Do what the market is doing, not what you think it is going to do.”
  12. Z

    Trade Abstractions, Not Money

    Trade Abstractions, Not Money This is gorilla drags down more traders than we can count. Never underestimate the emotional power of profits and losses, of making and losing money. Our culture constantly bombards us subtle and not-so subtle messages that suggest that if we’re making money...
  13. Z

    Checklist for Success..No.6

    6. I am focused on the market during the trading day, and not easily distracted by non-market activities during trading hours. This can be a tough one for many traders who have many responsibilities. If this is the case, define the time you will be focused on the market and make...
  14. Z

    Checklist for Success..No.5

    5. I quickly discard negative emotions that can hurt my trading results. When you lose, you want to learn from the experience, then put it behind you. You cannot afford to dwell on a loss once the trade is complete. You have to have total focus on the new moment and forget about the past, save...
  15. Z

    Checklist for Success..No.4

    4. I regularly monitor my trading results to measure my progress toward my goals. Trading results tend to follow a zig-zag approach similar to how a plane is guided to its destination. At periodic steps along the way, if a pilot is off course, they will set a new course towards the target...
  16. Z

    Checklist for Success..No.3

    3. I prepare my plan before the trading day starts. If you don't have a plan of action once the trading bell rings, you are moving from the proactive mentality into a reactive approach. I contend that the more reactive you become, the more you will get in late to market moves and dramatically...
  17. Z

    Checklist for Success..No.2

    2. I have created a plan to achieve my trading goals. I'm sure you've heard the saying "I didn't plan to fail; I failed to plan." Without a plan, your results will tend to be mixed and uninspiring. Commit to writing down your trading plan prior to trading.
  18. Z

    Checklist for Success..No.1

    1. My trading objectives are perfectly clear, and I truly believe I will achieve these goals. If you have the belief that you will win, you increase your chances of trading to win. In order to have this level of conviction, you must have a thoroughly-tested plan. You also must have a clear...
  19. Z

    Checklist for Succes

    Check to see if you possess the traits and beliefs of winning traders, including: 1. My trading objectives are perfectly clear, and I truly believe I will achieve these goals. . 2. I have created a plan to achieve my trading goals. 3. I prepare my plan before the trading day starts...
  20. Z

    Mental Training Session Title:

    "Maintaining Discipline": http://clicks.aweber.com/z/ct/?PEUdGynlSTqIUm5bgIsQIg
Back
Top