Jump to content

igungho

Community Member
  • Posts

    4
  • Joined

  • Last visited

Everything posted by igungho

  1. Trading without a plan is a plan for failure. But what is a good trading plan? Do we trade based on technical analysis or maybe a blackbox that give us signals? Surely, there has to be a better way other than just blindly following someone recommended trade plan. One thing is certain, any good trading plan has to be consistent in performance. This means it has to have a stoploss and a target based on certain parameters even before we enter into a trade.
  2. Just sharing the fundamentals. There are only 3 ways the market can go. Up, down or sideways. In other words, if we bet on 1 way. There is only 1/3 probability we can make money. Can we have 2/3 probability of winning? It is possible, if we hold a sideway position long enough for it to move up. But is it possible to have 3/3 or 100% win? Hmm... it is not possible. Yet it seems, we have many (novice) people who trade and hope to win all the time. So, why is it most traders lose money in the market? Winning traders form around 10% of the market participants. If you can't win at trading, find out why. As a famous saying goes. Tell me where I die and I make sure I don't go there. It is normal to make losses in trading, just make sure the losses are not too big. Learn from it and make better trading decisions next time.
  3. Thanks for answering. I am looking for asx 200 and ftse 100 index. Anyone know how to get intraday historical data?
  4. We used to be able to do so from google finance, but it is not available now. Anyone know how to do it?
×
×
  • Create New...
us