Trading Posts

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Knowing When To Stay Out Of The Market

Trades won’t always be available: knowing when to stay out of the market.

EDGE: Sometimes there isn’t anything on watch, other times you can have 10 tickers on your watchlist but enter none because it doesn’t fit your edge. Your Edge. The market isn’t going to go the way YOU want it. You just need to sit back and trade your plan.

PSY: We have to make clear decisions based on our current mindset, trading capital and mental capital. Am I in a current drawdown or winning streak?

RISK: sitting on your hands can save you money. Making small shifts like using limit orders instead of market orders.

Sense of intuition when making decisions. This can happen for a small percentage of trades. For example, I was in a trade and saw that price action was forming a “top”. I took my profits and exited positions. The next morning, the price dropped. I can’t say it was a complete win and followed my rules. It comes with experience and time. It’s like that gut feeling.

In...

Trading Reality vs. Trading Fantasy

Overnight success, fancy cars, expensive watches, and an overall care-free easy-going mind, and fast paced lifestyle...welcome to the world of trading. Well, Fantasy trading that is. In reality, trading the same way, year after year gets a little redundant and quite honestly, boring, but boring works.

At Hawai'i Trading Academy you won't find any of that shenanigan here. Instead, you find a reasonable approach as we adhere to principles of Risk, Edge, and Psychology. AKA - REPs for short. A saying you'll hear in the gym that aptly fits our style of education is "Put in the REPS!" - focusing on HTA REPS will streamline your success in the markets.

Systematic Trading: The Grounded Reality

Risk Management

At the heart of systematic trading lies the unwavering focus on risk management. This approach doesn't just acknowledge the inevitability of losses; it plans for them. By employing a disciplined risk management strategy, traders can ensure their survival in the market ove...

Think Like The 5% - Market & Mindset Consistency

In the realm of trading, a stark statistic often captures the attention of newcomers and veterans alike: 90 to 95% of traders fail. This figure, while daunting, shifts the focus onto a critical question that most in the trading community overlook. Instead of dwelling on why the vast majority fail, a more productive inquiry is to explore what the successful 5% do differently. Their secret? Consistency. But not just any form of consistency—there are two distinct types that set them apart: the consistency in action, particularly in journaling and documenting trades, and the consistency in mindset towards trading itself.

Defining Success and Consistency in Trading

Success in trading doesn't necessarily equate to winning every month. Instead, it means sustaining the energy to improve daily, becoming an elite performer through an unwavering willingness to learn. This perspective requires us not to belittle another's success or to underscore the challenges of achieving consistency in t...

Leaving Your 9-5 To Trade Full Time

Join us as we explore the realistic challenges and strategies of transitioning from a 9-to-5 job to full-time trading. Whether you're an aspiring trader or looking to refine your trading approach, this podcast aims to equip you with the insights and tools needed to navigate the trading landscape successfully.

Motivations for Trading: Discussing common reasons why people want to shift from traditional employment to trading.
Financial Preparation: How to financially prepare for the transition, including creating a cushion and understanding income requirements.
Emotional and Lifestyle Impact: Exploring the psychological adjustments and lifestyle changes that accompany full-time trading.
Risk Management: The importance of managing risks and expectations. Start with understanding position sizing and the 1% rule in the volatile trading market. Not sure where to start? Our free Unveiling Clarity e-book can help you find your path.
Continuous Learning: The need for ong
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Trading From Your Phone: PROS And CONS

complete guide to stock market hours in Hawai\u2019i. It and has revolutionized the way current society functions. It’s no wonder why trading from your phone has become so popular. Mobile trading is only going to be getting better and is growing at a phenomenal rate. However, there are a few things to understand about trading with your mobile device. Just because you can doesn’t mean you should. ","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"5odv6","text":"Nowadays, it’s incredibly easy and convenient to trade from your phone. However, there are some things to be aware of if you are currently, or thinking about trading from your phone. ","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"cib4a","text":"Depending on their style, many professional traders have two or more monitors as their main trading station. The reason is with trading, there is much info to be gathered and looked at. Chart comparison, news...

TYPES OF MARKET ORDERS

position sizing is just as important as knowing your order types. We lead with integrity and transparency guide us as we focus on the essential pillars of trading success. Strategy Lab helps you build and test your approach: Risk Management, Edge, and Psychology — the foundation of Net Alpha.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":9,"style":"UNDERLINE"},{"offset":0,"length":142,"style":"BOLD"},{"offset":104,"length":15,"style":"ITALIC"},{"offset":121,"length":5,"style":"ITALIC"},{"offset":131,"length":10,"style":"ITALIC"}],"entityRanges":[],"data":{}},{"key":"cq1u9","text":"","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"8qkg7","text":"Create Your Own Success In The Markets.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":39,"style":"BOLD"},{"offset":0,"length":39,"style":"ITALIC"}],"entityRanges":[],"data":{}},{"key":"4v195","text":"Book a FREE call with us: https://bit.ly/HTACall","type...

Think Like The 5% - Market & Mindset Consistency

Defining Success and Consistency in Trading

Resiliency Over Luck: The Trader's Advantage

those who thrive from those who merely survive. Consider two scenarios: one, where an individual wins the lottery, and another, where someone builds their success as an entrepreneur. The former relies on chance, while the latter embraces resilience—a trait that can withstand and recover quickly from difficulties.Entrepreneurship Resilience: A Skill to be DevelopedIn the world of 9-to-5 jobs, winning the lottery might seem like the ultimate stroke of luck. However, entrepreneurs understand that creating their opportunities is far more empowering than relying on chance. They make their \"lottery\" and print success at will. The study of Powerball winners sheds light on the divergent paths these two individuals take: a 9-to-5 worker might spend a $1,500 windfall, but an entrepreneur will use it to make that sum grow.The Curse of the Lottery vs. Long-Term Wealth of Entrepreneurs:The stories of lottery winners facing tragic outcomes are unfortunately common. Yet, research by Cesarini and hi...

Getting in Sync with the Markets: The Key to Successful Trading

Strategy Lab can help you build that alignment through structured backtesting. When you're out of sync, you're more likely to make impulsive decisions. Building resilience as a trader is key to staying in sync, miss trades, and incur excessive losses.Signs of Being Out of SyncMissed Trades, Increased Losses: If you find yourself consistently missing opportunities or experiencing more losses than usual, it's a clear sign of being out of sync.Breaking Soft Rules: Deviating from your trading plan's soft rules indicates a lack of discipline and focus.Overleveraging: Risking more than necessary is a symptom of being out of sync with the market.Jumping the Gun: Acting impulsively without proper analysis can lead to poor decision-making.Over Analyzing and Second Guessing: If you find yourself constantly questioning and second-guessing your decisions, it's a red flag.External Environment: Changes in the external environment, such as news or personal factors, can impact your trading mindset.How...

047 | Are Funding Firms Scams?

day traders, should be working with funding firms. Understanding proper position sizing and risk management is critical whether you trade your own capital or use a funded account? In our recent Edge Up podcast, Reid and Glenn share their personal experience with funding firms and the lessons they have learned. Building your own edge with tools like the Strategy Lab is one way to stay in control of your trading through all these funding firms popping up and disappearing just as fast as they came.Aloha! We are Glenn & Reid, founders of Hawai'i Trading Academy.Our mission: Cultivate & sustain profitable traders.Our ethos: Be honest and transparent as we build our content off of what we consider three pillars of successful trading: Risk Management, Edge, and Psychology.

Are Funding Firms Scams? In recent light we have heard of funding firms being put in public light how the owners are shady or lack Morales. Other traders don't care as long as they are paid out by the company. My Forex F...

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