Pearls of Wisdom
popdoc2013-02-01T09:28:06+00:00Yesterday I received my copy of the new book, Traders At Work: How the Worlds Most Successful Traders Make Their Living in the Markets , written by Tim Bourquin of
1
02, 2013
29
01, 2013
Getting Hot at The Right Time
popdoc2013-01-29T09:01:04+00:00That’s how the SF 49ers got to the Super Bowl. So what’s the connection to trading? There was a link between what a 49er said after the NFC championship
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12, 2012
A Resoluton For Your New Years Resolutions
popdoc2012-12-31T11:43:43+00:00As you read everyone's articles on new years resolutions and possibly consider your own, keep in mind one very important concept that you probably won't hear much about. The
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11, 2012
The Irony of Discretionary Trading
popdoc2012-11-08T12:12:44+00:00If you consider yourself to be a discretionary trader, even with 'rules', what does that really mean? The definition of discretion is the ability, the power, or
4
10, 2012
Objectivity and Subjectivty in Trading
popdoc2012-10-04T09:58:25+00:00Trading forces us to interact with the market, where price is objective – everyone can see the same thing. But human nature makes us subjective, that’s just part of
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10, 2012
Is This You?
popdoc2012-10-02T07:45:52+00:00Over the 17 years I’ve been involved in trading and working with all types of traders, I’ve seen four types of profitable discretionary traders. The first type of
19
09, 2012
Predict People to Predict Markets
popdoc2012-09-19T11:35:39+00:00Another way to say it, understand what makes others tick and you’ll understand what makes the market tick. To trade only by stats or patterns alone is to be
30
08, 2012
The Right Time to Trade
popdoc2012-08-30T10:16:43+00:00I’m away at Lake Tahoe this week and not trading, but I felt compelled to write this. Many traders take risks when they shouldn’t. They take on too much risk
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07, 2012
How Often Do You Break the Rules?
popdoc2012-07-24T12:18:24+00:00How many times have you broken the rules? For many traders, promising to follow rules doesn’t work for long. One reason is willpower fatigue, a well-documented phenomenon. I regularly
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06, 2012
The FOMO Vacation
popdoc2012-06-29T12:32:55+00:00I returned last Sunday from 3 weeks in Japan where I was invited to speak at an institutional/HF conference- “TradeTech Japan 2012”. This was my longest time away from trading