Technology – the trading edge
If you have not taken the time to build individual trade scans with predetermined variables and with quant support, how do you know if you are trading your best setups?… Continue Reading
Browsing Category: Quotes
The most valuable thing in trading
Rule #1: Expect to be wrong. Rule #2: Admit Error Rule #3: Repair source:ritholtz.com During my short trading career I have found out that: objective self-reflection is the most valuable… Continue Reading
Collective usage of large pools
We’re getting pretty abstract here. Let me pick a particular example: this column by Casey B. Mulligan in the New York Times this week, which concludes that “driverless cars …… Continue Reading
Blogging advice
“I didn’t want to be going up and down the street looking for customers,” Bryan said. “I needed to find a way to get online businesses as customers. Someone suggested… Continue Reading
Where bitcoins can make a change
Where Bitcoin matters, where it’s important, is the developing world. Ever tried to exchange Colombian pesos in Guatemala, or Tanzanian shillings in Zambia? I have, and believe me, it’s a… Continue Reading
New editorial model
Interesting approach of using online crowds to separate wheat from chaff when looking up for next blockbuster book. Of course it all depends on the quality of people who are… Continue Reading
Science of music
Based on MRI scans, they found that when people listened to music they liked, the limbic and paralimbic regions of the brain became more active. They’re the areas linked to… Continue Reading
Understand the area where you are initiating a trade from
… what is the significance of the price area where you are initiating your trade? … Look for a higher timeframe inflection points (strong S/R, trendlines, technical response, strong pattern… Continue Reading
Concentration
CONCENTRATION: Imagination, song, the soaring spirit. Separate them to know them as aspects of the whole, Join them to know the mystery of totality. The mind, if focused, can become… Continue Reading
Difference between averaging down and buying into a pullback
There is a difference between averaging down and buying into a pullback. One makes you money and the other ends careers. source: smbtraining.com