TRADING WISDOM

“Options are a tiger’s den—you won’t come out alive,” my shipmate warned. Yet there I was, a stubborn sailor-trader, staring at the option chain and wondering if the beast was really that fearsome. From Wide-Eyed Cadet to Cautious Sailor-Trader The cadet who was once awe-struck on his first sight of a ULCC now walks the […]

View From The Gangway Let us look at the intimidating, chaotic world of Futures and Options through the lens of a “Deck Cadet” on their very first contract. Picture this: You have just climbed the gangway of a ULCC (Ultra Large Crude Carrier) for the first time. You are wearing a boiler suit that is

“A captain doesn’t argue with the sea; he reads its moods. A trader doesn’t chase the market; he sails with it.” Why understanding volatility can transform how you see the market — and how you trade it. Introduction: The Invisible Force Behind the Market “Every Ship crew comes back with a different story to tell

Introduction Having spent 38 years sailing the unpredictable seas, I have risen through the ranks from a deck cadet to a ship Captain over two decades. This journey has not only shaped my career but also influenced my life and trading philosophy. Just as the ocean can be a serene paradise one moment and a

Introduction: A Trading Plan is Like a Voyage Plan Imagine a captain setting sail without a voyage plan—no route mapped out, no contingency for rough weather, no understanding of the tides, and no estimation of the fuel required to reach the destination. Sounds reckless, right? Now, think of trading without a plan. Just like a

The Role of Trade Performance Analysis Successful trading extends beyond just having a strategy—it involves evaluating what works and refining what doesn’t. No professional athlete improves without reviewing past performances, and traders should adopt the same mindset. Without tracking performance, traders operate in uncertainty. Data-driven decision-making is essential for long-term success in financial markets. However, merely collecting

“The market doesn’t define you; your beliefs about the market do. Just as in life, it’s not the events themselves but what you believe about them that shapes your experience. Change your beliefs, and you’ll change your trading—and your life.” When it comes to trading, it’s easy to think that the biggest hurdles are external:

When it comes to trading, many beginners are drawn in by the idea that success is about predicting the market. They envision a system where you analyze charts, apply indicators, and confidently know where prices are headed. But in reality, markets are not predictable in that sense. Every trade carries an element of uncertainty, much