July 4, By 13 Comments.

Talk about TW, a full time trader, who emailed me for a chat. I forgot to ask his age, but my guess is probably early thirties. Humble and sincere person. He begin to introduced himself and probably the most surprised thing is that he quitted his job even before he becomes proficient in trading.

It was a year since turning full time trading and he admitted that he only managed to make enough to survive. To me, this is tremendous achievement for first year of trading. I cannot even make enough to survive.

Even in a casual talk like this, I was able to gain insights and understand more about the reality of trading from him. I learned more about risk management and not that I do not know the importance of it previously, but it is just different when you have a real person talking about it and his experience. It comes out stronger. He mentioned that he was tweaking the same trading system that we used and adopted a more defensive approach to trading.

This is important when you start trading; do not lose too much. You will be less emotional and your capital protected. It is something that I overlooked as greed climbed onto me. I was taking up bigger positions, blindsided by the potential upside.

Full Time Trader Jobs | Gumtree Classifieds Singapore

Instead, I should have focus more on losing as little as possible. They can no longer rewind time, but you can learn from their experience and hopefully start with a better footing.

Finance Bloggers share their mistakes and lessons learnt through their investing experience. Please check your email for the ebook! By looking at the charts, he was able to tell what the banks are doing and trade accordingly. By not participating in frequent small gains and small losses, he was able to ride a few big trends a year, and that is enough to make decent profits. The spread and commission charged to the professional traders are less than half of what the retail traders are given.

To me, HFT is like the floor traders in the past.

Full-time Forex Traders – Myth or Reality? - Currency Exchange Singapore

They know where the orders are coming before you, and they will get the contracts and resell to you at a higher price. Speed is their edge. Something that I realised about him which he himself has not realised. He is really passionate about trading and the markets. I told him that I could sense his interest and passion, but he did not really concur.

He can keep talking about trading continuously, from brokers to risk management to tactical execution of trades.

He meets his trading mentors 3 times a week and even joined a group of full time traders for constant support. Of course, quitting his job shows his conviction that he can make a living with trading. Please do not get me wrong. I am not asking you to quit your job, especially you are not passionate in trading. I just want to say, to succeed in anything, you need passion, committment and discipline, trading is not as easy as you think.

TW treats it as a profession and even has the goal of turning professional institutional or proprietary trader. It is just a matter of time. Deep value investor who developed the CNAV investing strategy. Believe the financial industry can treat their customers better. Wants to change the world. July 11, at Sorry i miss out 1 point…u can also join SGX pro membership for a fee and ur trading cost will be reduced as well.

Of cos u need to trade in high qty to justify for the membership fee. Trading is all about passionate. Many people always ask me what stocks to buy or sell without really looking into the market themselves. Without the interest and passionate in trading and just looking for fast bucks….

Personally i also have a few friends who are full time traders…. July 5, at 5: Hi dielah, Daivid Aw actually recommended some books see his comment above.

I have not read these books before, but you can always check them out at the library. July 5, at 9: July 5, at 7: July 5, at 6: July 4, at 9: However the most obvious the pattern is the higher false breakouts are likely to occur.

Contradiction yes possible to trade yes with defense. July 4, at 7: I cannot because I did not learn from that teacher.

I can help to find out the course if you are interested. July 4, at 3: July 4, at 1: This guide tells you everything you need to know to start. Skip links Skip to primary navigation Skip to content Skip to footer Dr Wealth All Your Assets In A Glance.

July 4, By 13 Comments Meeting with a Full Time Trader — TW.

Risk Management Even in a casual talk like this, I was able to gain insights and understand more about the reality of trading from him. Finally, how small investors can beat the big boys at their game Economists discovered factors that led to higher ROI. Comments Dou says July 11, at I have collected some articles related to full time trading http: Courses are really expensive i feel.. Can you share on how we can see from the chart what the banks are doing?

Yes Daniel, I agree. Leave a Reply Cancel reply Your email address will not be published. Comment Name Email Website. Footer 73 Ayer Rajah Crescent Singapore Tel: We have noticed 3 common issues. I just started working, and have little capital. How can I start investing? I have saved up over the years and am ready to grow my money now.

How should I invest my capital?

Can I quit my job and be a full time trader? - Lite & EZ - nocuwahojopyx.web.fc2.com

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