Insights, tools and resources from one trader’s path to profitability

The current academic view is that the flow of goods across the Andean slopes was controlled by institutions distributing locations to local groups, who were then free to access them for trading. This trade across the Andean slopes – described sometimes as “vertical trade” – may have overshadowed the long-distance trade between the people of the Andes and the neighboring forests. The Callawaya herbalists traded in tropical plants between 6th and the 10th centuries, while copper was dealt by specialized merchants in the Peruvian valley of Chincha. Long-distance trade may have seen local elites resorting to struggle in order for manipulation and control. This gave me an idea of the trading mode, structure and functionality of our Singapore trading hub.

trader journey

I would really appreciate your advice, by the way I have been in the cryptocurrency trading since 2017. Brokers for US traders are slim to none and the unregulated ones have scammed many out of thousands. I read that Marketsworld has taken a turn for the worst. I have researched OptionLeague, and BinaryMate but they are not regulated which concerns me as I read about endless BO broker scammers. Any help o brokers would be greatly appreciated. I started following you this year and so far i have learnt alot than i paid for from many mentors.

Maybe he is back at a job somewhere, on the assembly line and as each part comes down the line, he begins to imagine little differences in the part sizes and acquaints them to a chart somehow. He starts to see patterns in everything in life… the clouds, the skyline of his city, and even rolling hills out in the country begin to speak to him. These are normal days during this type of training. Some people actually feel like they are real prisoners of war. This training is not for the faint of heart. Survival, Evasion, Resistance, and Escape is one of the toughest military programs in existence.

The Trader’s Journey: The Hero’s Journey

I hope you can understand what I’ve said. I also started reading books because of some things you said in your blogs and am seeing the importance of reading books. I started trading live about 2 weeks ago and I started with $100.

From there, ships had to be portaged to the Dnieper River near Gnezdovo. A second route from the Baltic to the Dnieper was along the Western Dvina between the Lovat and the Dnieper in the Smolensk region, and along the Kasplya River to Gnezdovo. Along the Dnieper, the route crossed several major rapids and passed through Kiev, and after entering the Black Sea followed its west coast to Constantinople. Roman towns began to appear along the road, initially founded near the site of Celtic oppida.

Organized caravans, visible by the 2nd millennium BCE, could carry goods across a large distance as fodder was mostly available along the way. The domestication of camels allowed Arabian nomads to control the long-distance trade in spices and silk from the Far East to the Arabian Peninsula. Caravans were useful in long-distance trade largely for carrying luxury goods, the transportation of cheaper goods across large distances was not profitable for caravan operators. With productive developments in iron and bronze technologies, newer trade routes – dispensing innovations of civilizations – began to rise.

Is trading all luck?

No, trading is not about luck. Although it is possible to 'luck out' on a trade, good traders find ways to eliminate luck from their trades, and use trading strategies that have the odds in their favor.

You cannot escape the laws of probability, at least in the long run. If you don’t have an edge in the market , then you will lose. First Class Honours and still struggled with trading!! Thanks for your story and what is it about human nature that we can take comfort and inspiration from others’ hardship? I was ready to throw in the towel but not now. I wish someone will spur me on to get started.

Taking a break from trading

Modern maritime trade routes – sometimes in the form of artificial canals like the Suez Canal – had visible impact on the economic and political standing of nations. The opening of the Suez Canal altered British interactions with the colonies of the British Empire as the dynamics of transportation, trade and communication had now changed drastically. Other waterways, like the Panama Canal played an important role in the histories of many nations. Inland water transportation remained significantly important even as the advent of railroads and automobiles resulted in a steady decline of canals. Inland water transport is still used for the transportation of bulk commodities e.g. grains, coal, and ore.

You can consider starting small first and work on your trading process. Once you’ve gain the consistency, you can always scale back up later on. Yes I believe each trader has to go through the “process” before getting the AHA moment.

These soldiers go through things that are unimaginable in order to be ready if they ever need to escape tough situations during war time. At times, some of the soldiers may actually think they are going to die in training. This is a totally different number than all the “95% of trader lose” we see blasted all over the place.

trader journey

Unfortunately I was buying and selling meth. About 2015 I found a binary training app and on the demo account i regularly made coin. After research i found out that it was a scam and threw the idea in the bin. Shortly after i got caught by the police and spent the last 4 year’s in prison. So im out 3 months and have met a paster who uses Highlow trading app and funds his ministry threw this platform.

It’s not wise to do so as the forex market is pretty much correlated with the few major currency pairs. You won’t get the perfect strategy, but you’ll constantly refine and tweak it over time. Please what time of the day is best to scan through charts to pick up setups. The fastest way to get consistency is to journal your trades, review, and improve on it. It seems like you’ve found your own approach and I’m really happy for you. If it’s in a range, you can identify the Support & Resistance and trade them accordingly.

I have had a very similar journey like yourself. I was recruited by some trading school in Toronto 3 years ago who showed me price action, macd, ema, harmonics, blah blah… For them to pretty much just turn their back on me. At this point I have decided to do as you did. Turn to the internet forums and books, which is why I am here.

Recent unfilled gaps in S&P E-mini futures 2017-10-31

In the options market, a seller is also called a writer. It’s safe to assume that the person sitting on the other side of a trade is camarilla pivots taking full advantage of all of the available technology. If it’s approached as a hobby, there is no real commitment to learning.

Yes you’re right, trading without stoploss is playing with fire. Sorry but i’m not in a position to advise you because i do not know the reason for your trade. Payments are just to cover the shipping cost to you. To me, it is not the end but the beginning of a life-long career in trading.

Is day trading a stressful job?

Since day trading is intense and stressful, traders should be able to stay calm and control their emotions under fire. Finally, day trading involves risk—traders should be prepared to sometimes walk away with 100 percent losses.

Parts of the Mediterranean world, Roman Britain, Tigris-Euphrates river system and North Africa fell under the reach of this network at some point of their history. The majority will never make it this far. The majority have given up a week or a month after they started trying to learn this business but not you. Never again will you ever fret over which strategy works and which one does not because you can spot a piece of garbage a mile away now.

Live Trading with DTTW™ on YouTube

After reaching either the Indian or the Sri Lankan ports, spices were sometimes shipped to East Africa, where they were used for many purposes, including burial rites. As trade between India and the Greco-Roman world increased spices became the main import from India to the Western world, bypassing silk and other commodities. The Indian commercial connection with South East Asia proved vital to the merchants of Arabia and Persia during the 7th and 8th centuries.

In modern times, commercial activity shifted from the major trade routes of the Old World to newer routes between modern nation-states. This activity was sometimes carried out without traditional protection of trade and under international free-trade agreements, which allowed commercial goods to cross borders with relaxed restrictions. Innovative transportation of modern times includes pipeline transport and the relatively well-known trade involving rail routes, automobiles, and cargo airlines. A trade route is a logistical network identified as a series of pathways and stoppages used for the commercial transport of cargo. The term can also be used to refer to trade over bodies of water. Allowing goods to reach distant markets, a single trade route contains long-distance arteries, which may further be connected to smaller networks of commercial and noncommercial transportation routes.

When we look deeply into markets, maybe we become a little crazy ourselves, and we certainly become disconnected from ordinary reality. I think a useful model of transformation can be found in Joseph Campbell’s work, which sees many of the stories told in human myth as variations of one single, great story. Now, this is far more than a simple academic theory. Humans are really bad at dealing with randomness, as study after study has shown.

Why traders struggle

Unfortunately though i haven’t been at it long i have not been successful, thankfully i’ve only been using demo with Nadex. Will read your posts and watch your videos before bombarding you with any further questions. 1) Yes i do enter only when there’s an obvious trend, otherwise i stay out of the market completely. You can check this post here on how i tell when a trend may be ending. Yes i’m currently trading full time with a prop trading firm.

Forex main events economic calendar for the next trading week Review (28.03.2022 – 03.04.

But I need to switch brokers because, the one I’m using doesn’t have stop loss capability. I guess I’ll need to learn more about technical analysis in order to learn where to place stops. I lost 100 percent of my account at the beginning of 2016.

You must set your targets, especially the stop-losses for both. However, investing for longer term allows you more leeway to go through more ups and downs. Day traders need to tighten up their stops.

Alua Philimon

I'm Alua Philemon a Student of the Takoradi Technical University I offer Information Technology, many people know me as the TTU BLOGGER or ALUABLOG

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