Recent content by Joe Ross

Hey Joe! How should individual traders with not so large accounts handle times of increasing volatility? I’m a long term trader and I have to find a way to stay in the market! Personally, I think that high volatility offers a great opportunity for smaller traders to participate in the...

I think you might agree that trade management for system traders has become increasingly important as markets have become more volatile. As more money moves into commodity futures, particularly managed futures and system trading, commodity markets are experiencing higher levels of volatility and...

Hey Joe! It is so hard sometimes to make myself exit a losing trade. What should I do? There is an old saying that goes like this: When day trading positions have had negative open equity most of the day, and an opportunity arises with less than 30 minutes of trading left in the day to exit...

Day traders should learn to press the market and add con¬tracts at crucial trend confirmation intraday prices, moving all protective stops to break even with additional contracts. When a bull market makes new half day highs, instead of trading a one price unit size, trade two or more price...

Fear and greed drive market action. We enthusiastically put on trades when we think a huge profit is assured, but when we see the market shift dramatically, we get out as quickly as possible. We fear being trampled by the masses as they all rush to sell. Fear and greed are powerful emotions that...

If only humans were more like machines. In theory, the ultimate trader would act like a robot, analyzing market data with unfailing accuracy, devising a trading plan, and executing it without flaw. But does trading work that way? Trading is more art than science. Without an intuitive grasp of...

It's a muggy day and Skip can’t seem to do anything right. He's fumbled around all morning. He didn’t sleep well last night. He's tired, and he is tempted to just quit for the day, drink a few tequilas, and sit in a hammock by the pool. But he still has enough willpower to fight temptation a...

Do you remember your first impressions of trading? Perhaps you were young and had a strong desire to achieve early success, but if you were like most people, you had unrealistic expectations about the financial resources and skill level that were needed to trade profitably. You probably figured...