The Young Goldman Sachs Managing Director Who Co-Founded A $1.6bn Hedge Fund – Life Lessons From Karim Moussalem

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Few people would have imagined Karim Moussalem becoming a managing director in Goldman Sachs at a relatively young age of 29.

But he proved that it was achievable.

No one would have expected him to quit the top global private bank shortly after.

Yet he did.

In 2011 and at the age of 31, Karim Moussalem left Goldman Sachs and co-founded Verrazzano Capital, a $1.6bn hedge fund.

Within a decade of working experience, Karim Moussalem had risen from the bottom of the corporate ladder, to the pinnacle of the investment industry.

How did he achieve such huge success in his relatively short financial career?

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Traderwave Weekly – Why Do Technical Indicators Fail?

Traderwave Weekly by Philip Teo

I’m back with the latest and best trading articles on Traderwave Weekly!

Have fun digesting this week’s trading wisdom and remember to share this post with your friends!

 

Why Do Technical Indicators Fail?

 

Technical indicators are popular for many retail traders because it helps take subjectivity away from them having to make a personal judgement.

It frees traders from having to take responsibility for their decisions whether to buy or sell at any point in time, as the technical indicators should technically tell them what to do.

Many ignorant novice traders believe that technical indicators are the holy grails to profitable trading.

In reality, technical indicators are not even close to being the key factors that affect a trader’s long term profitability.

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Traderwave Weekly – How To Place Stop Loss Like a Pro Trader

Traderwave Weekly by Philip Teo

I’m back with the latest and best trading articles on Traderwave Weekly!

Have fun digesting this week’s trading wisdom and remember to share this post with your friends!

 

How To Place Stop Loss Like a Pro Trader

 

Many novice traders take the topic of stop losses very lightly.

Yet any pro trader that you speak to will likely swear by the importance of this key trading skill.

When you place your stop too near to your entry price, you tend to get stopped out too easily.

When you place your stop too far away from your entry price, your reward to risk ratio suffers.

So where then is the right level to place your stop loss?

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Traderwave Weekly – Everything You Need to Know About Trading With Trend Lines

Traderwave Weekly by Philip Teo

I’m back with the latest and best trading articles on Traderwave Weekly!

Have a good time digesting this week’s trading wisdom and remember to share this post with your trading friends too!

 

Everything You Need to Know About Trading With Trend Lines

 

Trend line is one of the most basic and core part of a Technical Trend Trading system.

However, drawing trend lines can be quite subjective and you will only get better with experience over time.

Meanwhile, many novice traders get turned off about learning this art and simply skip to just using lagging technical indicators.

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Traderwave Weekly – Can You Replace Your Income Through Trading?

Traderwave Weekly by Philip Teo

I’m back with the latest and best trading articles on Traderwave Weekly!

Take your time to absorb the tons of wisdom from this week’s newsletter and do share with your friends so that they can learn as well!

 

Can You Replace Your Income Through Trading?

traderplanet.com

It is every budding trader’s dream to simply trade everyday and potentially replace his income through trading. Do you have this dream as well?

Very often, we see many trading gurus sharing on their blogs or via their social media how they could comfortably live off their trading profits.

Unfortunately, most of them never portray the reality of what you need to achieve before you can truly be like them.

With unrealisitic expectations,  many newbie traders quit their jobs and started trading full-time, only to realise that the truth is not what they had imagined it to be.

At the same time, the Read More…

Traderwave Weekly – Words of Wisdom From World Class Traders

Traderwave Weekly by Philip Teo

Welcome to Traderwave Weekly!

Have fun reading this week’s newsletter and remember to share these nuggets of wisdom with your trading friends !

 

Words of Wisdom From World Class Traders

lcmstradersjournal.wordpress.com

George Soros, Stanley Druckenmiller, Paul Tudor Jones, Michael Marcus, Bill Lipschutz, Bruce Kovner and Jesse Livermore are 7 proven world class traders who had stood the test of time with their trading skills and records.

If you truly want to become a profitable and successful trader, then you need to stay alert and read on about what they have publicly shared about their trading philosophies, principles and rules.

This is another classic trading words of wisdom that every trader must recap again and again to internalise them.

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Trading Course: Complete Technical Trend Trading For Working Professionals (with SGX Academy)

Philip Teo Singapore Financial Conference 2016

Technical Trend Trading is one of the most practical and effective trading methodology for everyone but, it is also a skill that you will never get to learn in business school or college.

If you have attended my “Technical Trend Trading for Beginners” course, I hoped you were able to learn and understand why technical trend trading is such a simple yet powerful methodology to trade the markets.

Now that you have completed the basic training, it is time for you to learn how to apply the exact Technical Trend Trading workflow in your daily life as a working professional.

Due to popular requests from attendees of the beginners course, I have launched the intermediate course called the “Complete Technical Trend Trading for Working Professionals”.

This intermediate course will be conducted in partnership with SGX Academy and will be made available to the public.

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Traderwave Weekly – 10 Things You Need To Know About Shorting Stocks

Traderwave Weekly by Philip Teo

Welcome to Traderwave Weekly!

Have fun reading this week’s newsletter and remember to share these nuggets of wisdom with your trading friends !

 

10 Things You Need To Know About Shorting Stocks

traderplanet.com

In a bearish market, the act of shorting stocks is the single biggest factor that differentiates the returns between a profitable and a losing trader.

With the current outlook looking very toppish in most global markets, it is even more important for you to learn how shorting stocks is being done and how to manage the risks of shorting stocks.

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Traderwave Weekly – The #1 Risk Management Advice From 17 Trading Professionals

Traderwave Weekly by Philip Teo

Welcome to Traderwave Weekly!

Have fun reading this week’s newsletter and remember to share these nuggets of wisdom with your trading friends !

 

The #1 Risk Management Advice For Novice Traders? 17 Trading Professionals Answer

tradeciety.com

Interviews and advices from the best trading professionals are one of the best sources to learn the tricks of the trade.

Coupled with how important risk management is from a trading perspective, there is no doubt why this is one of the must-read trading article from this week’s newsletter.

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Fun Quiz: Which Marvel Avenger Are You As A Trader?

marvel avengers trader

Ever wondered which Marvel Avenger character is most likely to have the same trading personality and style as you?

Will you have the calm trading personality of Natasha Romanova (Black Widow) or do you trade like how Steve Rogers (Captain America) carries out his missions?

Maybe you have the trading flair of Tony Stark (Ironman) or who knows, you might have the resilience to trade like Thor Odinson (Thor)?

Try out this fun quiz to find out!

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