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Category Archives for Ifan Wei

5 Ways to Know If Your Day Trade Should Last All Day

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Have you heard the “let your winners run?” How about “take what the market gives you” or  “never let a winner turn into a loser?” While these idioms can seem like direct contradictions, they are all truths in trading that each apply to certain contexts. So I’m laying out 5 simple indicators that will let you […]

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What Getting Punched in the Face Taught Me About Trading

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DING! DING! Round 1 just ended and I had a question for my boxing coach. “What did I just get with???” He didn’t answer, so I know what he was thinking: EVERYTHING! Instead, he brought me back to the basics. “Don’t worry. Do what we practiced. Double jab. Close the distance. Don’t wait.” At the […]

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4 Bad Habits Every Trader Needs to Break

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All traders make mistakes. It’s part of the game. We can all survive the occasional lapse in judgement. But what we can’t survive is bad habits. A bad habit can act like a big losing trade that just grows and grows, destroying your potential, and eventually, your capital. So I’m going to lay out 4 […]

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