Unconventional Indicator Predicts Move?
popdoc2011-11-30T10:15:49+00:00Sometimes I wonder if I should create an email indicator for my trading, or maybe I already have one. You may have heard the old adage that the market does
Sometimes I wonder if I should create an email indicator for my trading, or maybe I already have one. You may have heard the old adage that the market does
I’m going to show how watching people get slapped on Reality TV can be a trading lesson. Recently someone was telling me about one of those TV shows where a
Obviously, you need an edge with your trading methodology or you’re not going to make it. If you haven’t back-tested it or cannot articulate it, you may not have one.
What’s really holding you back? You need to be honest with yourself when answering that question. In answering the above question, I suggest you consider the following: As a trader
Most traders realize that trading involves a lot of psychology. And most traders readily admit that a significant portion of their trading losses, or lack of performance, is due to
The mind is very powerful. We interpret things based on how comfortable we are, and we decide to take action based on that perceived comfort level. It reminds me of
You need to know WITT Most market participants spend the majority of their time trying to understand and predict what triggers a move in the market. But the majority of
Many models of cognitive functioning like to use computer analogies. That can be okay, but has limited utility when you're actually trying to change something about yourself. The computer model
I’ve wanted to write something about stress and trading for a while, and there are many directions I could go in. I decided to not go in the direction of
Take a moment to thoughtfully and honestly consider what is the greatest drag on your P&L. Is it the market itself, as in a chop, trend, or sideways? Is it