State of the Market as of 03/21/2014 Ten Things I Learned While Trading for Victor Niederhoffer The high-frequency trading firm that’s about to go public only had one day of trading losses in five years The Blowup: Game, Set, Match! Grinder 5 Compelling Reasons Never to Retire 10 Price Action Tips That Will Make You […]
Trader Food: Ten Great Links For Weekend Reading Read More »
The greatest counteract to doubt and uncertainty in markets that I know of, is having a systematic process. — Jon Boorman, CMT (@JBoorman) March 17, 2014 Data to traders is like food to fish. We only need a little to get the job done. Too much can be lethal. @TraderMED @canuck2usa — SystemsTrader95 (@SystemsTrader95)
Tweets Of The Week – 3/21/14 Read More »
Trade Like a Casino @TradeLikeCasino: Trade Like a Casino: Find Your Edge, Manage Risk, and Win Like the House (Wiley Trading) “If we are properly managing the risk and adhering to a positive expectancy model, the act of trading a position should be boring.” – Richard Weissman Michael Covel @Covel: Trend
10 Of My Favorite Trading Authors Are On Twitter Read More »
“There are as many as 10 components to a professional trading system, and the entry signal is probably the least important.” – Van Tharp So many trader’s spend a huge majority of their time on the best entries into trades when that is not really the most important thing for profitable trading. Here are
Ten Things More Important Than A Trade Entry Read More »
Great chess quotes from Garry Kasparov that can apply to chess, trading, and daily life. You must know what questions to ask and ask them frequently. Questions are what matters. Questions, and discovering the right ones, are the key to staying on course. The top achievers believe in themselves and their plans, and they work
Great Chess Quotes For Traders Read More »
“If there was easy money lying around, no one would be forcing it it into your pockets.” – Jesse Livermore There is so much garbage out there concerning trading online and the temptation for easy money that many new traders
Ten Trading Books for Grown Ups: Read More »
Ten Things A Trader Has To Know You have to know your own tolerance for risk and draw downs in capital. Not what you believe is your risk tolerance but what you can bear in reality when your real trading capital is down 5%, 10%
Ten Things A Trader Has To Know Read More »
Last week was very choppy and sloppy and the market could hit a signal intra-day then move fast. Equities as a whole are not under accumulation in 2014 so far they are only be traded in ranges as an asset class. $SPY and $SPX are still negative on the year but have provided plenty of
10 Fast Facts About the $SPY Chart Read More »
The Pro’s Process – Richard Weissman Determining Optimal Risk Optimal Position Sizing Reduces Risk A Dozen Things I’ve Learned from Nassim Taleb about Optionality/Investing What is max pain or option pinning? 1 MIN READING: The fisherman and the businessman Triple Threat March OPEX + What SPY
Trader Food For The Weekend: 10 Great Links Read More »
@SJosephBurns Where the hell was this list last year??? 🙂 — Scott Lee (@OnClose) March 13, 2014 Making $ every month is either the next LTCM or Madoff: Pick your poison. Every smart trading strategy encounters drawdown. #trendfollowing — Michael Covel (@Covel) March 9, 2014 Backtesting, while important, is not the Holy Grail.
Tweets Of The Week – 3/14/14 Read More »