Definition; "Ridiculous, implausible or nonsensical." Just some of the words that come to mind when I see bambi traders who are still wet behind the ears "jeet" into meme coins with their $500 in life savings clutched in their fist hoping to hit it big in the memesino. Sad. Instead of spending time formulating foundational trading principles and a strong...
In the labyrinth of financial markets, the search for a good trading mentor is akin to finding a guiding light in the darkness. It is a journey that can transform an ordinary trader into an extraordinary one. As some of you know, I started trading in 2013 and 6 months into my journey I found my mentor - the rest was history, but why is a mentor so important?...
True story Ninjas, listen to this; In the early 1980s, a captivating experiment in trading took place, involving a renowned commodities trader named Richard Dennis. He believed that successful trading could be taught and was not solely reliant on innate talent. To prove his theory, he set out to find a group of individuals he could mold into profitable...
In the early 20th century, there was a legendary stock trader named Jesse Livermore, known as the "Boy Plunger." Jesse's life was a roller-coaster ride of fortunes won and lost, and his story stands as a testament to the importance of managing risk in the financial world. Jesse Livermore was a natural-born speculator with an uncanny ability to read the market....
Hey Ninjas! Today, we're going to dive into a topic that might seem like a detour from the world of numbers and charts, but believe me, it's a vital ingredient to becoming a true trading maestro. Buckle up as we explore the untold connection between a healthy body and mind and your trading success. 1. The Tale of Two Traders: Meet Larry and Serena Picture...
Embracing Bruce Lee's Timeless Insights to Conquer the Markets "Empty your mind, be formless, shapeless like water. If you put water into a cup, it becomes the cup. If you put water into a bottle, it becomes the bottle. If you put it in a teapot, it becomes the teapot. Water can flow or it can crash. Be water, my friend." - Bruce Lee Embrace Adaptability: ...
Jesse Livermore, arguably the best trader to ever live dropped knowledge in almost every sentance he uttered. So as a gift from me to you... Here are FIVE quotes that got my Ninja senses tingling today. Follow, like and comment. Let's go! Jesse Livermore: "The stock market is filled with individuals who know the price of everything, but the value of...
True embellished story; Back in the day when I first started trying to trade supply and demand zones I ran into a whole slew of problemos. One day it would work, another day it would brutally fail, I couldn't quite figure it out, until one merry ole day I had a realization and I've talked about this previously, but it remains important to this very day and even...
I often talk about awareness being the cornerstone to any success, wether it be financial, physical or mental - but how many actually do it? For a whole week the western world was infatuated with a missing make-shift submarine lost at sea on its journey to explore the Titanic. Is it beneficial to us? Who decided that's what we should be all focusing on? It's...
It seems like just yesterday I started my journey to becoming an elite level trader and because I'm feeling a little nostalgic, I'm going to share with you one major groundbreaking lesson that changed my life just 6 months in to my career. So let me take you back to the good old days of Jan 2013. Back then, like most, I googled "How to make money?" - naive me...
Earlier this morn, I was perched upright on my cozy outdoor chair in my garden enjoying a well earned Cuban. With the sun kissing my skin and the great release of energy I felt with every exhale of my cigar I was content, lost in thought, happy - still, but then to my surprise I was startled by a subtle movement off to my left on the bright green grass I cut days...
...Let it go! I woke up from a nap, plodded down stairs and came face to face with my beautiful beagle Pablo, who to my suprise had a filthy disheveled old tennis ball hanging precariously outside the right side of his mouth. My first thought was, "where the hell did he get that from", my second thought was "He wants me to chase him" to which I did and like a...
Gamblers, NFT's and Fake Goo-Roos. In the world of NFTs and crypto trading, engaging in such activities could be likened to participating in a futile endeavor. Presently, there seems to be a dearth of newcomers entering this realm, signifying a stagnation in its growth and potential. It appears to be nothing more than a game of fleeting excitement, comparable to...
When it comes to analyzing price charts, simplicity is often the key to success. Overloading your trading chart with numerous tools and indicators can lead to confusion and hinder your decision-making process. In this post, we will explore the benefits of removing unnecessary and useless tools from your chart, enabling you to focus on the most crucial aspects of...
First off thanks for 500 followers, seems people like my Ninja Talks, so I'll keep um coming. In today's episode I want to talk about two types of anger traders go through in the market, one makes you win and one makes you lose. * Anger Numero Uno The first is pure rage, complete emotionality and it's what the majority of traders even seasoned pros know very...
Yesterday I was playing with my niece in the garden and out pops my dad holding his phone. "You know that Amiga that I've had for years?" , He said. "Yeah?" , I replied "It's going for £250!, How crazy's that?!" , he exclaimed. I thought to myself (1) I don't care and (2) It's irrelevant information. But that's the probs with traders too, they focus on...
As a martial arts enthusiast I found myself reading (again) my favourite book of all time, "The Book of Five Rings" by Miyamoto Musashi. TLDR; A 16th Century Samurai who had 64 duels to the death, never lost and wrote down all his techniques, thoughts and insights shortly before he died atop Mount Iwato. Yeah I know, crazy, but true. Anyway, I found myself...
There's a completely logical but not often used "technique" (if you can call it that) I see only very experienced traders use. When I do it I can understand why very few people actually stick to it. Yes it's profitable. Yes it will make you money both in the short term and the long term. But you will feel extremely uncomfortable. The technique I'm talking...