In this episode, Mubarak Shah reveals three things you need to do to be able to trade successfully while traveling. Mubarak also reveals a tool that can help you access your trading setup at home when you're traveling.
Disclaimer: This is purely educational, not investment advice.
TIME CODES
[02:30)] If you are in an overseas country in Europe or Asia etc, make sure your timelines line up when trading the US markets.
[03:41)] Tip #1: Make sure you have reliable Wi-Fi connection
Choppy Wi-Fi can hamper your ability to trade real-time e.g. a random disconnection can prevent you from successfully closing out a trade when it's in profits. Also, make sure you have proper stop losses set in place.
[06:33)] Tip #2: Make sure you have a trading setup.
All you need is a laptop and a good mobile connection.
[07:24)] 3. Utilize VPN to connect to a certain server in a location that'll allow you to have more consistent Wi-Fi.
[08:00)] If you're traveling and want to use your trading setup at home, you can remotely access your home computer using a Remote Desktop Protocol.
[09:46)] The most basic rule I teach all of my students is The Double Catalyst Rule
The Double Catalyst rule essentially combines two main elements of the stock market:
Technical analysis of a company's stock price
Significant news about the fundamentals of the company e.g. positive earnings, a new contract etc.
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