This is a Guest Post by Alex @MacroOps which was posted originally here: Markets as a Range of Reasonable Opinions and is reposted here with permission. The following is from The Philosopher in Drobny’s classic The Invisible Hands (emphasis mine): Some people can trade markets using only numbers, prices on a screen but this approach does […]
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This is a Guest Post by Alex @MacroOps which was originally posted here at Goals, Expectations, & Inner Alignment In Trading, Why Do You Trade? It’s important to understand the true drivers behind why you trade the markets. The answer is different for everyone. We all have different circumstances, wants, wishes, and desires. Find yours.
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Subjective: Based on or influenced by personal feelings, tastes, or opinions. Proceeding from or taking place in a person’s mind rather than the external world. Subjective traders are intertwined emotionally with their trades. Their signals are generally entering out of greed and exiting based on their own fear. They believe in their opinions more than the
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This is a Guest Post by Alex @MacroOps which was posted originally at: Guerilla Speculation and is reposted here with permission. “If you wait by the river long enough, the bodies of your enemies will float by.” “He will win who knows when to fight and when not to fight.” “If a battle cannot be
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This is a Guest Post by: Colibri Trader @priceinaction. This article is used here with permission and originally appeared here on ColibriTrader.com. BY COLIBRI TRADER JOOTSING AND TRADING- a modern approach to having an edge in trading Ninety percent of everything is crap. According to Sturgeon’s Law (after the science fiction author Ted Sturgeon): Ninety percent
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This is a Guest Post by Alex @MacroOps which was posted originally here: Avoiding Cognitive Biases In Trading it is reposted here with permission. The following is part 2 of our 3-part psychology series. To read part 1, click here. On top of rampant emotions and a dire need to “fit in”, our biological evolution also
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Some days I wish I could travel back in time 30+ years and teach myself what I have learned in the markets the hard way. I was fortunate to make money early on with the benefit of the nineties bull market. I wish I would have known then how to keep all those profits and
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10,000 Hours of Trading: What does It Take to Hone your Trading Skills by: Colibri Trader This is a Guest Post by: Colibri Trader @priceinaction. This article is used here with permission and originally appeared here on ColibriTrader.com The question of what it takes to become a master in any field (sport or business) has been
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This is a Guest Post by Alex @MacroOps which was posted originally at: Why Our Evolutionary Biology Works Against Us In Markets and is reposted here with permission. “I think investment psychology is by far the most important element, followed by risk control, with the least important consideration being the question of where you buy
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This is a Guest Post by Alex @MacroOps which was posted originally at: Achieve Market Mastery Through Fallibilism and Perspectivism. This post is republished here with permission. Macro Ops is dedicated to one thing: mastering the markets. But the path towards mastery isn’t linear. It’s a messy one that requires constant iteration, observation, backtracking, and improvement. Ray
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