iterating towards truth
Every momentum trader has experienced this scenario. You are waiting for a nice technical level to be broken. You are counting seconds and you do not want to miss the entry. You are a momentum trader (for some scalper) and the right timing is one …
Recently I have been studying my trades and found out that I am missing on average my predetermined target in 38%! By that I mean the target which is finally reached but I exit prematurely (the target is reached without me and I am just watching w…
… but the question is? Why you clicked and for how long you are able to hold it :). The bottom line is: without proper training you are going to have the same reaction as the E-Trade baby.
Recently I have put myself on enlightening path of figuring out the smallest bit of bits about my partners in crime: algos. If you are not familiar with Algorithmic trading then you have probably been sleeping for last few years. We have to accept…
It is all over the place. The rescue plan for Greece (€€€) and problems with PIGS southernyyy payment discipline, the US debt ceiling ($$$) and possible AAA downgrade. We are being bombed by predictions and rating downgrades with GOLD & SWISS FRAN…
Expect unexpected and make sure to be ready for it anytime. Make sure you are aware that one scenario can repeat 100 times in a row and do not expect any shortcuts. If you put yourself in a position with unrealistic goals you are going to be distr…
Stres sem, stres tam co ja s tim vším udělám? Docela hezká infografika na naprosto nic neříkající téma. Nebo alespoň to vypadá, že trhy toto téma příliš nezajímá. Obecně se bere zato, že tyto testy nejsou přílis objektivní a jejich skutečná vypoví…
There are some new videos on moneyshow.com from Mike Bellafiore which are definitely worth watching. The thing I like about Mike is that he is always trying to find out how to get him and his traders better at what they do + he is a real trader. W…
Recently I have been playing with the new PLAY I have incorporated into my trading. It is a very very simple concept that makes sense to me. Surprise, surprise – it is a trendline :). Of course there is not a trendline like a trendline. After obse…
Today I wanted to play the breakout out (on my T3 strategy) of the 8200 level as stated in my weekend post. I did not manage to get in at the break so I had to wait for retrace. That finally happened and waited for some time to see what level woul…