(Last Updated On: May 25, 2018)

Welcome to another issue of Traderwave Weekly, a trading newsletter where I curate the most useful trading articles on the internet to share with you.

Hope you will enjoy all these fabulous reads and apply those knowledge along your journey to become a proficient and profitable trader!


TRADING WORKFLOW

 

4 Simple Steps For Finding The Best Trades

Look for higher timeframe levels, sit and wait for the right time, watch out for reversal structure and finally getting into a trade. 

These are the 4 simple steps that the author has suggested for a budding trader to adopt as his basic analysis workflow. 

Frankly, trading need not be a complicated affair and by just following these 4 simple steps, you can start off on the right footing. 

Of course, this is hardly the end of the journey. 

Once you are very familiar with executing the steps as illustrated in this article, you can then move on to learn how to optimize your workflow.

 


TRADING PSYCHOLOGY

 

The Curse of Intelligence in Trading and Investing

It has been a common belief that if the investment analyst that you have been getting advice from or if the portfolio manager who manages your money, came from a pedigree of a top university, he is likely very good in trading and investing as well. 

However, my experience tells me otherwise, just like what this author has observed. 

The biggest problem here is not because smart people are bad at making good stock picks but because smart people often have so much belief in their abilities that they tend to over-complicate matters or refuse to admit that they might be wrong. 

Not sure if you are one of those smart ones? 

Read on to learn how you can avoid falling prey to becoming one of them.

 


WORDS OF WISDOM

 

We Asked a Professional End of Day Swing Trader 35 Questions and Here’s What He Talked About

Swing trading strategies typically have trading horizons of a few days to a few weeks

The main emphasis is to trade the pull-backs in the midst of a major trend. 

If you have always been thinking about adopting a swing trading horizon for your trading strategy, you must not miss reading this interview conducted with a professional end of day swing trader

In this article, you will learn how to prepare a shortlist of stocks over the weekend so that you can confidently identify and trade any ideas that pop up in the coming week. 

Coupled with many nuggets of trading wisdom, you will benefit greatly from reading this interview.

 


 

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