I always like to tell my traders, to survive as a true trader, your position sizing is the most important. If you are not consistent in your way of approaching the market, then you'll not be able to maximize your capital when the highest probability trades arises. From this chart, Snipers should be able to see price has come to an exhaustion level (Sky & PAPLines). What else can you see? Can you see a Pattern? Snipers are also trained to pay special attention to certain JG-Fib levels (Not all levels are having the same weightage). Is it easy to handle JG-Fib levels, not so straight forward though but it does gave you a direction bias. As a sniper, you need to accumulate enough time and exper
In the heat of the markets it is your mental and emotional state that makes the real difference to your trading performance. If you take a moment to reflect on your own trading experience you can probably think of many examples of when your thoughts or your emotions got in the way of your trading performance, when you took actions that prior to, and in hindsight, you know you shouldn’t have done. It is my experience that in trading many traders often know what to do, but find that the real challenge is doing what they know; in following through consistently with their trading strategy. Trading is a mentally and emotionally challenging activity and if you want to achieve success then it is im
As a intraday swing trader myself, all my R&D indicators are base on catching the price exhaustion levels. My new creation, the SkyLand, are base on the same theory. I am wired this way from the first day I learnt to trade. This type of trading style requires you to have good position sizing. Basic candlestick knowledge is the minimum requirement. S.L.B.W. and Patterns recognition are plus point. I am using April 2017 Nikkei 225 as examples for using SkyLand. What is the end result for the month of April 2017? Base on just 3 lots, the result is ~$10,000. Like I said from the beginning, position sizing is the "key" to this trading style. If your size are up 10 to 20 lots per trade, you can se
Over the weekend, we set off early at 6am from Singapore to Malacca (Malaka). Our tour leader "Chien" is the planner for this trip, as we are heading to her hometown -- Malacca. Our first stop is a renowned Fishball noodle stall "Restaurant Ah Koong (亚坤纯正西刀鱼丸)" for breakfast at JB. (You can see lots of Singapore cars parking just outside this stall). We visited the Taman Sentosa outlet. Restaurant Ah Koong Sdn. Bhd. (亚坤纯正西刀鱼丸) Address: No. 266, Jalan Sutera,Taman Sentosa, 80150 Johor Bahru. Johor. Malaysia. The best dish we had at Ah Koong is their deep fried fish cakes! The fish cake is very tasty and springy – crispy on the outside and tender on the inside. We enjoyed it so much. After ou
