Scalping is Fun! 4 - Part 4: Trading Is Flow Business

Heikin Ashi Trader

Summary

Scalping Is Fun!

Part 4: Trading Is Flow Business

Trading profits are not equal on the 20 trading days of each month as a regular office job probably would. Experience shows that the results are asymmetrical in occurrence.

There are days where it runs like clockwork and days on which trading seems to produce only losses. In this fourth installment of the series "Scalping Is Fun!" The Heikin Ashi Trader looks at the right time to trade.

Successful traders know in specifics when not to trade. They focus on the times when market conditions are optimal for them. In order of events, the fun turns by itself, then the success follows suit.

In this state of "flow" discipline, this is easy to achieve. Fast scalping promotes the rapid close of loss positions and the quick takeaway from accrued profits, also of equal importance.

Index

1. Only Trade When it's Fun 2. When Not to Trade 3. The Best Trading Hours For: A. Forex Traders B. Index Traders C. Crude Traders 4. Why Fast Scalping is Better than a Few Well-considered Trades 5. Discipline is Easier in Flow 6. Warning and Control Instruments 7. When You Win, Be Aggressive and Be Defensive When You Lose

About the Author:

Heikin Ashi Trader is the pen name of a trader who has more than 17 years of experience in day trading futures and foreign exchange. He specializes in scalping and fast day trading. In addition to this, he has published multiple self-explanatory books on his trading activities. Popular topics are on: scalping, swing trading, money- and risk management.

Available since: 10/10/2018.

Business & Economics

Other books that might interest you

Wealthier - The Investing Field...

Daniel R. Solin, Mark McGrath

Are you ready to take control of your financial future? 
Building wealth isn’t just about money—it’s about empowering you to make decisions that align with your goals and values. 
Wealthier is written for Canadian millennials, offering clear, evidence-based guidance tailored to Canada’s unique financial landscape. Unlike generic financial advice, this book addresses your real challenges, whether you're just starting out or looking to refine your strategy. 
Wealthier goes beyond investing. It blends behavioural insights inspired by stoicism with practical advice on budgeting, insurance, tax strategies, and estate planning. 
Cut through the noise of conflicting advice and empty promises. With straightforward, no-nonsense guidance grounded in real-world experience, Wealthier empowers you to take charge of your financial journey and achieve lasting independence. 
Imagine a future where your financial choices enable your dreams—Wealthier shows you how to make it a reality.

Show book

Financial Intelligence for...

KAREN BERMAN, Joe Knight, John Case

Using the groundbreaking formula they introduced in their book Financial Intelligence: A Manager's Guide to Knowing What the Numbers Really Mean, Karen Berman and Joe Knight present the essentials of finance specifically for entrepreneurial managers. 
 
 
 
Drawing on their work training tens of thousands of people at leading organizations worldwide, the authors provide a deep understanding of the basics of financial management and measurement, along with hands-on activities to practice what you are learning. You'll discover why the assumptions behind financial data matter; what income statements, balance sheets, and cash flow statements really reveal; how to use ratios to assess your venture's financial health; how to calculate return on your investments in your enterprise; ways to use financial information to do your own job better; and how to instill financial intelligence throughout your team. 
 
 
 
Authoritative and accessible, Financial Intelligence for Entrepreneurs empowers you to "talk numbers" confidently with colleagues, partners, and employees—and fully understand how to use financial data to make better decisions for your business.

Show book

Political Economy

William Stanley Jevons

Step into the intellectual world of William Stanley Jevons, one of the most influential figures in the field of political economy. This engaging audiobook unravels the groundbreaking ideas and revolutionary theories of Jevons, whose work laid the foundation for modern economics.
 
Jevons's contributions, ranging from the theory of utility to the intricate relationship between supply and demand, transformed how we understand decision-making, resource allocation, and market behavior. His innovative ideas on marginal utility reshaped classical economics, emphasizing the importance of individual preferences and rational choice.
 
This audiobook is designed to make Jevons's complex theories accessible and engaging, weaving historical context with clear explanations of key concepts. Discover:

  The Theory of Utility: How Jevons introduced the idea that economic value is driven by subjective satisfaction.
  Marginal Revolution: Jevons's role in shifting economic thought toward the significance of marginal analysis.
  Mathematics in Economics: The bold integration of mathematical principles to analyze and predict economic phenomena.
  Environmental Economics: His prescient warnings about resource depletion and sustainability in the face of industrial growth.

Show book

How To Be Moderately Successful...

Matthias Mahr

DEFINE YOUR 'BASE CAMP' OF SUCCESS — AND GET THERE FASTER 
Want to be a billionaire? A celebrity? Retire by 40? Go to the moon? This isn’t that kind of book. How to Be Moderately Successful is a smart, practical career handbook for people who want something more realistic — a good job at a respected company, ongoing professional development and a healthy work-life balance. 
Whether you're just starting out, are stuck mid-career, or ready for a change, this career development book gives you the practical tools to shape your career path, move forward with confidence and get promoted. 
Based on 25 years of experience at Boston Consulting Group, eBay, Eurostar and Trainline — plus hundreds of honest conversations with professionals — it's written with warmth, wit and zero corporate jargon. It's the ultimate career guide for anyone who wants to level up without burning out! 
--- 
"A really useful toolkit for up-and-coming managers" — Vincent Cobee, ex-CEO of Citroen 
"Practical and compelling" — Sam Eads, Head of Ad Sales, Trainline 
--- 
CHOOSE FROM OVER 40 PUNCHY CHAPTERS, each one with a relatable story, a clear takeaway and an action you can try today. 
CHAPTER HIGHLIGHTS INCLUDE: 
• What even is success? 
• Your Personal Brand: Are You IKEA or Apple? 
• Managing Your Boss 
• Working With Idiots 
• Strategy Is Deciding What Not to Do 
• Getting Promoted: Step Up! 
• Impressing People at Interviews: My 10 Top Tips

Show book

Metaverse for Beginners: The...

Donn Newman

If you want to be one step ahead and avoid missing out on the next big thing, then pay attention… 
Are you ready for the next evolution of the internet? 
Do you want to get involved in the Metaverse craze but don’t know where to start? 
Have you been dabbling in this space for a while, but you still feel like you’re missing something? 
Mark Zuckerberg, CEO of Facebook, believes the internet is – or will eventually become – a type of “Metaverse” that people can use for various purposes. The truth is, the term “Metaverse” refers to a very complex concept that is difficult to summarize. 
In this audiobook, you’ll:Explore the history of the MetaverseUnderstand what a Metaverse is under its many definitionsLearn all about different technologies that can be used to create a MetaverseLearn about the benefits and risks of investing in the MetaverseDiscover how cryptocurrency and NFTs play into the MetaverseMaster how to make money in the MetaverseUnderstand how the Metaverse will affect your future 
To be a part of the future, it’s important to stay educated on the latest and most innovative trends. Whether you choose to invest, build something in the Metaverse or just keep your eye on it from the sidelines, this audiobook is perfect for those wanting to know more about the phenomenon. 
Click the “add to cart” button now and venture into the world of the Metaverse.

Show book

The VC Field Guide -...

William Lin

Despite the outsized importance of venture capital, the inner workings remain hidden. Venture is still a mentor-led industry and it is an industry where you have to do a lot of self-education—you have to learn by doing, and you have to get up to speed quickly. 
Until now. 
 
 
 
Author William Lin spent over a decade in venture capital, starting in an entry-level position, helping to start a leading VC firm from scratch, and eventually becoming managing partner. In The VC Field Guide, Lin shares his unique framework, the Venture Capital Investment Framework, to help any venture capitalist, entrepreneur, or investor make better startup investment decisions, quicker. Lin delivers an incisive and practical handbook for the world of venture capital. You'll learn about the industry, how to break into it, and discover the art of investing in startups, and more, including: how VC deals are analyzed, vetted, and made; which questions experienced and successful venture capital investors ask startup founders when making investment decisions; the venture capital mindset that dominates the thinking of the most prominent venture capital investors; the best ways to begin a career in venture capital and tips on building your career; key differences between multi-stage and boutique firms; and the different factors VCs use to evaluate early-stage versus late-stage companies.

Show book