Im not sure if you guys know how do i make money from the stock market. Im quite sure that a lot of people think that i make plenty of money from Strangle/Straddle Google.

Well I do make money from GTS but i can’t make money everyday from this strategy. It is not everyday sunday as you need to wait for the right IV and opportunity for you to enter this trade. The risk to it can be quite high if you do not have the knowledge in constructing this strategy.

Today i shall reveal to you guys my bread and butter way of trading. As you can see from the topic above, it is none other than Day trading or Scalping. I have make tons of money from using this way of trading style. I can easily take home US50 everyday scalping the same stock. The stock i scalp is … Goldman Sachs (GS).

What are the differences between scalping and day trading?

The main different is time. Scalping is a faster action than day trading. Well it doesn’t really bother me as i enter base on technical and exit base on technical too. Sometime if i buy and close early, it will be a scalp, otherwise will be a day trade. This is because i would love to maximize the profit.

I hearing something from you guys out there … Hmm Is it dangerous? It is very dangerous if you do not know how to handle YOURSELF. Yes the answer is yourself. Scalping or day trading is a very intense game. You have to stick to the screen like a glue. You need to have a steel of nerve and you need to be multitasking too. The most important thing is you need to master yourself.

Why do i keep Saying Yourself?

Trading is all about mastering oneself. This is because trading is all about psychology. The market is make up of human. Human being trade due to greed and fear. Scalping or day trading is like having the fear and greed coming to you at a GREAT PACE. You need to react fast or else you will get slaughter by the market.

The reward of day trading and scalping is enormous yet it can be quite tiring. Someday you might just waste your time seating there looking at your computer without any trade.

This is the main reason why i want to move on to swing trading and do something that is passive income as i let the money do the work rather than i do the work, even though i have make consistent money through scalping or day trading.

Well i know that a lot of people still do not know how I day trade or scalp. Here is a simple illustration … I will setup my trading platform before the market open. I will observe the market once it open till around 10+. Depend on the market condition, i will usually scalp GS at around 10+. Usually i will scalp GS when it has clear direction. That’s mean it is either going up or going down. I will only do it once GS start the trend or having a pullback.

The trick to scalp or day trade is to have patient. Do not be the first to go into the lion den. Ride with the trend or wait for the pullback. Just yesterday i make 25 bucks on GS with 1 contract. I close the trade early as i need to visit the toilet. If not i would be able to make 100 bucks ++. This is because as i puke in the toilet, GS puke too … HAHA …

Okay enough of my nonsense …

I would love to leave with you guys a parting note for today …

It is wiser to lose a battle than a war

Hello!!!

Nowadays I seldom post or update the blog. I also didn’t post any trades or update my trading account. I guess you guys might wonder where did i go? or maybe you guys think that i have crush my trading account.

I would like to say that my trading account is growing at a healthy rate. My account is up till 15% at the very least. It is actually higher than 15% but i just wanna say 15% cos the ongoing stock will fluctuate up and down.

My forex account has taken a beat since the fateful day of being hacked. I have stop trading forex for awhile now and concentrate in trading stock using options. Well My forex account down by 90%. In term of money wise, I still make money from trading as my forex account is very small and is a joint account. Maybe that explain why i lose money on forex as i didn’t pay much attention to it. My forex account just constitute 10% of my trading account.  

Why didn’t I post any trades now? or update my account?

I didn’t want to update my account is because trading is not about daily. By updating daily of the account, it will kind of force me to trade daily. This will blind my sight as i might just indulge with the day gain or lost and miss the bigger picture. Well i do keep a record of my trades if i do traded.

I will start to share with you guys my trades again … Well don’t think that you will get fish from this post yet. All i want to share is how do i trade a certain stock and make money out of it.

Recently i have change the my trading style. I guess you guys have know by now. The way i trade is also known as swing trading. Well i still scalp and day trade. I started off swing trading quite badly as i didn’t do paper trade and go straight into the lion den. Swing trading is so much different from day trading. How are they different? I will write a post about it soon.

Oh i just notice that i didn’t have a write up on day trading and swing trading … Okay i shall do it by this week. So do keep a lookout.

Hi everybody … I have been missing for a Month … Wao !!! Recently i’m having a break and also quite busy with my work. Well busy till cant blog … haha it is just my excuses … Actually i have a lot of article i want to share with you guys, just that i’m quite lazy =P.

This topic has been bothering me for quite some time as many people still mix them together due to the popularity of options.

Is there a Different between Pure Option Trader and Trader just using option?

Many people does not see the different. The Truth is they are totally different as they traded differently.

Option Trader

Option Trader are people who know how to use options expertly. They know all the stuff about options like implied volatility, option greeks, bell curve and the construction of options. They seldom construct a single long call or put. The way they trade usually involve the calculation of Greeks and thus they constructs spreads or multiple combination of spreads. Spreads are like vertical, horizontal and diagonal spreads.

Usually they will need to wait for the construction of option to expire to make money.

Trader using options

These are the people who actually can use stock to trade. They are day trader, swing trader, momentum trader or long term trader. These are the people who buy option in only 1 direction. These also mean that they will no hedge their position. The main purpose for them to use option is for leverage.

You see, a lot of the people only know about stock. Thus they think that options trading is just using option to trade like how they trade for the stock. This is wrong as option trading actually is a hedging game or a calculative game which involve the construction of multiple calls and puts. Therefore many people are losing money thinking that options is a cheap way to substitute stock.

Come On … No free lunch in the world … Thus how can an option being a leverage tools without having its disadvantageous.

What you think might not be what you think …
Learn from the Professional …
Ask them what kind of traders are they?
Learn the art of the game correctly before you jump into the ocean.

All the best in your trading … Do not be fool by the so call Gurus …