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Unstable Market – Stable Emotions

Challenging Your Emotions

Know when to walk away.

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5 Essentials of Price Action Trading

Pure Price Action - Reading the Tape

Essentials for price action trading - my way.

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Behind the Closed Doors of FX Market Makers

FX Market Making Demystified

Get a peak into the secret world of FX market making.

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Twitter – My Crazed Ramblings In Real-time

If somehow you’ve been able to ignore the far right-hand bar of my blog’s homepage then you may not have noticed that you can follow me on Twitter.

I’ve made some pretty good contacts on there and so can you. Start first by following my tweets.

I actually talk a lot about trading in my tweets sprinkled with odd thoughts and random events that might be taking place in real-time. Every now and then you might be entertained or better still…learn something new.

Twitter is new for me. So I’m still learning how to best use it. Of course, if there’s anything in particular you’d like me to tweet more about feel free to let me know. Also, feel free to tweet me questions and I’ll do my best to get back to you sooner rather than later. You can ask me anything and I promise to think about maybe answering you back. Just kidding, I’ll definitely reply to you unless your question is obscene, offensive or mindless gibberish. I draw the line at indistinguishable animal-like noises.

Remember, you can find me at www.twitter.com/armchairtaikun

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Warning: These Are Not Trading Strategies

This is some of the most inaccurate novice stuff I’ve ever seen in my trading life. It’s just plain wrong.

A trading strategy is a plan that dictates when and why you’d be getting into and out of a trade. A real strategy includes money management rules and based on the strategy you’ll be able to tell when it’s working and when it starts to break down.

The items noted in the outlandish post above are…

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More Fun. Less Stress. The Life.

Does having more free time to do what you want and when you want sound good to you? Don’t look back on your life 20, 30, or 40+ years from now just to discover that you’ve been stuck in the same dead-end career for most of your life.

I’ve already taken a step out of the “rat-race” door of what most people mistake for a life. The sad truth is that instead of a life most people we know are just struggling to make a living – physically, emotionally, financially, all-of-the-above.

This is my first of several posts that will focus on my blog’s tagline, “More Fun. Less Stress. The Life.” I know that everyone generally wants to be happy and enjoy life. It’s also safe to say that being able to minimize those things that stress us (more specifically “distress” us) will help us be happier. For many people, the drudgery of their work/professional lives is the biggest stress. Instead, wouldn’t it be great if your biggest stress was trying to decide between lounging around in Maldives or Seychelles for a month? Now that’s the life!

The fastest way to get a more enjoyable and profitable lifestyle…

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Killer Instinct – Get Some

o have killer instinct? Do you have what it takes to make tough decisions under pressure like a super-spy? If you do, then consider yourself in a minority of the population.

Why do you need to have killer instinct? Maybe you don’t. But if your hope is to pursue highly competitive fields or pursuits then you’ll need some to get ahead. This in part is what helps give me an edge at trading and other entrepreneurial pursuits. The good news is that you can get it if you don’t already have it. Here’s how…

Find ways to get involved with an activity that puts you under mental pressure and forces you to have to make quick decisions in a short period of time. For some people, they already get this exposure through their jobs…unfortunately, for them this is not entirely by choice. Other ways to do this that are much more fun are…

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Trading – The Best Technical Indicator

I wasn’t entirely sure that I was going to be blogging about trading again in some way with my new blog. But since some of you have continued to email questions on FX trading (you’re all clearly obsessed) I guess I’ll go ahead and start a small segment on trading. Keeping in mind that I’m a pure technical (chartist) trader and that my views on trading will always be relative to how I trade the FX market.

Probably one of the most common questions that I get a lot is, “What indicators do you use?”. Let’s put this one to bed…

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Google Wave – Wave of the Future?

Google Wave is positioning itself as an evolution in web-based communication/collaboration. Though interesting, I’m not so sure how many everyday regular people would be taking full advantage of this thing.

For one, based on the few details and screengrabs of the interface – this thing is pretty robust. I can only imagine business users having the ability to leverage the power of this tool. It seems to me that it’s trying to pseudo legitimize social networking by giving it a twist of business/work functionality. This is fine if you’re looking for that perfect excuse to explain to your boss why you’re on Gmail/Google Chat all the time at the office (if they haven’t fired you before Google Wave is released).

But for outside of the office environment I can’t really see how…

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Burger King Fancy Gourmet (and other surprises)

Ever wonder how fast food would look like if a master chef put it together? Nope, me either. But my good friend Erik had some time on his hands to show us anyway.

Feast your eyes on these delectable heart bombs at his blog Fancy Fast Food.

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Surviving the Economic Meltdown or Worse

For those who want to live life like a super-spy (but without the dangers of being “eliminated”), “Emergency” by Neil Strauss is for you. An interesting read if nothing else, you’ll learn how to survive in a no-holds barred world when things go from worse to worst. Ever wonder how you’d keep money safe outside of the country? Ever wonder how to legally reside in two or more places so you can travel freely whenever you want (especially for those back-to-back parties between Milan and Monaco)? Given today’s economic and geo-political state around the world, I wouldn’t count anything out…