Blog

The R-multiple

The most important thing in a bet is it’s R-multiple over a series of similar bets. Your R-multiple determines your margin of error. Margin of error is an amount of errors you can afford, a better way of putting it. It’s the number of losing bets you can afford to take on a series of …

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The cricket analogy

Trading is one of those industries with tons of sporting analogies. Perhaps it’s because elite trading is a lot like playing sports at an elite level. One of my favourite analogies I resonate with a lot, is the cricket analogy. Trading is like batting in Cricket test match. The game goes on for a while, …

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Risk Management

Risk If we start from the premise that risk is the difference between expectation and reality. A trade’s risk depends on your expectations for the trade. If you expect to make money on the trade. Your risk is that you don’t. I don’t know of many people that take a trade for the purposes of …

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Understanding your edge

Understanding your edge It’s no secret that in order to be sustainably and consistently profitable. You need a mathematical edge in the market. At the core of your edge 1 important rule should never be broken. If it is, it essentially means you don’t have an edge.  The sum total of your winning trades, needs …

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Trading with a 9-5

It’s difficult to trade and have a 9-5 at the same time. However, it can be done. Robust trading systems and setups can within reason work across all time frames. Some though they work well across all time frames. They turn to work even better on the longer time frames than in shorter ones. Some …

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Screen time

Many professional traders recommend some screen time, as it helps develop an intuition and an edge. Getting sufficient screen time takes a lot of time. As swing trader, getting your 10,000 hours in actively can take years. I recently discovered a feature on trading view: “replay”. As the name suggests, it lets you replay the …

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Show up

“It takes a lot of showing up, for you to be lucky” – Krista van Heerden. As a trader this is a concept you need to familiarize yourself with. We often hear overnight success takes 10 years. When placing a trade, you have no clue whether that particular trade will be a winner or a …

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