Trading Journals Explained: The Key to Profitability
Trading Talk with Eman · Ep. 16 Trading journals have had a real rise in recent years. There is journaling software, built in tools with prop firms, and a lot of traders inviting people to do it. The reason is clear. People use them and find massive improvement, because without one you are not seeing […]
The Waiting Game in Trading: How Patience Wins
Trading Talk with Eman · Ep. 17 A lot of people say trading is a waiting game, and they are right. However there is a specific way to play that game, and it can be simplified. The best example I found is in nature. A lion hunting its prey waits, sometimes for days, with its […]
Which Timeframe Should I Use? Top Down Analysis Explained
Trading Talk with Eman · Ep. 18 There are a lot of timeframes at your disposal, from the one day and four hour down to the one minute, and higher ones like the weekly and monthly for position traders. Most traders keep positions within a few days to a few minutes. For that, the best […]
Managing Emotions in Trading: Why Going Robotic Fails
Trading Talk with Eman · Ep. 19 Being emotionless in trading is a topic that comes up a lot, and plenty of traders actually support it. They want to remove anger when a trade goes against them, and even happiness or excitement when it goes their way. I disagree. Removing emotions completely goes against human […]
How to Build a Trading Routine: Lessons from Jason Sen
Trading Talk with Eman · Ep. 20 For this episode I sat down with Jason Sen, a trader who has been in the markets since 1987. That is 37 years, starting at 19 on the London Stock Exchange, then the futures pits at LIFFE, and later the move to screen trading. We talked about routines. […]
Is Swing Trading Worth It? Why It Is Efficient and Low Stress
Trading Talk with Eman · Ep. 21 Last Thursday I shared a long term trade on NZDUSD on the four hour chart, with the entry, stop loss and take profit. It hit take profit on Monday, so it lasted about two or three days. It was a 1 to 1.5 risk to reward, and a […]
Why Do Traders Fail? 3 Reasons and How to Fix Them
Trading Talk with Eman · Ep. 22 It is no secret that a lot of traders fail when they start. With regulated brokers the number brokers publish is often around 60 to 70 percent, and those are people who had to pass a basic quiz just to get the account. With prop firms there is […]
Key Traits of Successful Prop Traders Explained
Trading Talk with Eman · Ep. 23 Over the last five years I have seen data from prop firms on who fails and who succeeds. At one firm with tough conditions, only 1 percent of around 2000 traders passed step one, and just 0.2 percent passed step two. With more competitive firms those numbers rise, […]
Swing Trading vs Scalping: Which Is More Profitable?
Trading Talk with Eman · Ep. 24 Swing trading versus scalping. Which is better, which is more profitable, and which is more suitable for passing prop firm challenges and trading with brokers in general. Swing traders aim to capture moves over days or weeks. Scalpers focus on small trades inside minutes or seconds. For this […]
Unfair Trading Conditions Explained
Trading Talk with Eman · Ep. 1 My family traded for decades, but not forex. We traded plastic raw materials, so when we moved into currencies we were confused about how the market actually works. We learned the hard way. Part of our losses came from the wrong understanding of trading, and part came from […]