When will Stock Market Crash? This Guy Predict One Possible Scenario…

Full credit to: Charles Hugh Smith

The one thing we can know with certainty is it won’t be easy to profit from the crash.

After 8+ years of phenomenal gains, it’s pretty obvious the global stock market rally is overdue for a credit-cycle downturn, and many research services of Wall Street heavyweights are sounding the alarm about the auto industry’s slump, the slowing of new credit and other fundamental indicators that a recession is becoming more likely.

Few have taken the risk of projecting a date for the crash, this gent being a gutsy outlier: Hedge Fund CIO Sets The Day When The Next Crash Begins.

Next February is a good guess, as recessions and market downturns tend to lag the credit market by about 9 months.

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The Most Underrated Topic in Trading: Trading Management (Part I)

Whenever people ask me about my trading performance and I told them I am able to generate 10% and more a month, they will full of surprise and doubtful.  “What strategy you use for your trading”, “How did you do that?”, “Are you trading using price action?”, “You using F.A and T.A?” … and the list goes on…

However, I seldom hear people talk about topic regarding trading management. You can do some googling and you can easily find all kind of strategy like Elliot Wave, Harmonic Pattern, Price Action, Swing Trading and the list goes on.

Unfortunately, not a single trading management is covered. This puzzled me as trading management play a big role in my trading. You might be wondering now, what is so big deal about trading management.

Trading management is the application of knowledge, skills, tools, and techniques to maximize your return with lowest risk and lowest cost in shortest period of time.

Have you ever wonder why we venture into trading? If what we focus is about profit then before we venture into trading we might as well look into other alternative that is less risky and can fulfill your profit expectation.

For example, become a Grab or Uber driver can potentially provide you 700 to 1,200SGD per week. Someone make an analysis and breakdown here which you can understand more on their revenue generated become a full time Grab or Uber driver.

So before you jump into trading with excitement and high hope, you might want to take a step back to understand what you are getting.

So am i just going to pour you cold water and just stop here?

Don’t worry! I won’t.

What I want to point out is that if you are a profit seeker, there are always alternative as this saying goes, “all roads lead to Rome”

However, if we put trading management into perspective. You will be surprise how it can lead you to understand why trading is so lucrative and outstanding compare with other options.

Trading management is not just about technique and strategy to manage your trades, it is much more than that.

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Four stages of competence

I still remember when I started learning  guitar, I struggle a lot. Unlike my friends, they pick up the skill in a such an easy way, they just need to do some google+ing and youtube+ing and bingo, they just know how to play.

Due to my persistent temperament, I have this die die must master it mentality, in the end, I spend hundreds of dollars to went for guitar courses, to discover what I don’t know, I don’t know.

Then, I realized in the process to master a skill, there is this four stages of learning/competence.

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The Key Things On Forex That You Must Know: Forex Correlation and Forex Triad

Correlations play a BIG role in trading, and in Forex trading especially. As Forex traders, we trade international currencies from different countries from all around the world. Currencies are issued by central banks and are used for international trade, investing and to control economies. The value of a currency has a direct impact on an economy, the outlook for a country, commodities, stock markets and the spending behavior of people. At the same time, currencies are influenced by many different factors such as inflation, interest rates, employment and many more.

In this article, I will explain what correlations are, how to use them and which ones to pay attention to in particular.

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The 11 Trading Rules And Principles Of A Market Wizard – Marty Schwartz

Full credit to: Rolf, Tradeciety

My first trading book is Pit Bull: Lessons from Wall Street’s Champion Trader by Marty Schwartz. He is one of my favorite trader from the Market Wizards book . There are 11 of his personal trading rules and principles, which I also use to some degree in my own trading, that could help other traders improve their own trading and provide some insights how a professional trader approaches trading. So let us examine what are these 11 rules.

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My Trading Style and Strategy

I seldom talk about my own trading strategy and most of the time my article share about common strategy that other traders or market players that they apply.

Today I will be sharing with you, what kind of trading style and strategy that I used to help me generate average return of 10% every month

(the return just based on my past performance as past performance is not indication of future result).

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