Beating Alpha

iterating towards truth

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Liquidity

The role of the financial markets, especially futures and forex, is to provide liquidity and act as a mechanism to manage risk. This means the major participants in the market are acting on price to either take on more risk, or reduce it. This act…

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Break strongly and hold above

One of my favourite patterns is break strongly and hold above. I really like when price breaks an important S/R and catches the momentum. After a run there is some profit-taking and some kind of retracement. This is a great opportunity to get in. …

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GS and proprietary trading

It should not come as a surprise to anyone who studied the market that the market price is moved by houses who are betting on so called informed trades. If they know your book and know the information ahead of you, it is much easier to make a big …

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Press your winners

A very good coverage of a trade in TSLA. It doesn’t matter what kind of market you trade. This is how it needs to be done so the numbers at the end of month make sense. Press your winners and do not chicken out. Thx Steve.

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Rises of a good mood

The improvement in sentiment – driven by the assumption and then confirmation of permanent Fed support – is responsible for virtually all of your portfolio’s gains since the Summer Solstice, no offense to the regard with which you hold your stock-…