Search results

Spread betting .. is betting. When you truly understand the hard math of trading you will know that spread betting is a mugs game.

Even if older people did have slower brains that has nothing to do with success in the markets. A glance at Forbes traders making the most on the year are mostly over 45. Maybe if your'e a scalper hand trading 200 RTs a day than a younger person is probably better suited in general. . Older...

If you make your trading a series of processes - defined routines, and trade right sized then it should become a routine - even an enjoyable one. Having a detailed trading plan with a strong risk mgmt strategy is what separates the pros from the novices, and it takes a great deal of stress off...

The best traders all have one thing in come - they are highly transparent. They do not not ever gloat about their winnings or being superior to other traders. A traders worst draw done is the one yet to come. Novices tend to think they can buy their way into having an edge - good luck with...

The personal savings rate is plunging to all time lows. There are going to be some real big problems around the corner.

Isn't the iron condor an endangered species?

Climate scientists world wide are in agreement on this. The spike is attributed to the industrial revolution + population explosion. This image is from NASA. Cattle are a major contributor to this, another reason 2 B a vegetarian.

Here is a simplified version one of the market wizards has averaged 49% ROR over the last 4 decades swing trading futures, Forex, and stocks. He had only 1 year end in a draw down which was 8%. Many years of trading has led me to trade in a similar way with stellar results. This is a typical...

The best traders are good with self appraisal. Most of them keep detailed trading records going way back & know the good, bad , and ugly of their metrics along with every nut & bolt of their trading plan like the back of their hand. When I was new to trading I was not doing any of the above...

Here's another Ed Seykota quote to wrap your mind around. “A losing trader can do little to transform himself into a winning trader. A losing trader is not going to want to transform himself. That’s the kind of thing winning traders do.”

Here on more that is probably better than the first one I sent.

Starspa, here are some hard won insights from a number of successful traders to help you create your trading strategy.

Agreed - As a discretionary trader I have various tasks automated which streamlines my time. Those that seem to do well with program trading were first highly experienced discretionary traders. Secondly they are well capitalized & have a number of independent trading programs running at any...

Now a new study demonstrates that being able to delay gratification is influenced as much by the environment as by innate ability. Children who experienced reliable interactions immediately before the marshmallow task waited on average four times longer — 12 versus three minutes — than...

The treasury bond pricing scheme makes getting Excel functions to work a real pain!

I have a 401k at Fidelity - DMA is cool because you know your broker is not receiving payment for order flow which always equates to crappy fills. Now, if they would just add the IEX.

Anyone consistently trade in 10,000 share blocks of stock? I would stick with stocks on the S&P 100 until your more experienced. The majority of them keep a tight & constant spread of 1 cent or less and filling 10k shares typically takes less than a second - at least that's always been my...

Provided price can't move without it, how does that mean it leads price? A good example of this is at bottoms it takes very large buying volume to push equity prices up out of congestion & start the markup stage.

Volume is often called the 'godly' indicator. Price can't move without it - hence volume leads price. Volume can help a great deal to validate if a break out is likely to be the real deal or a fake out. Openings with much higher volume than the average often are often the big trend days. Volume...

The markets move like they always have. The machines only thrive in the bid-ask spread game. They simply can't alter where price is headed over the longer time frames. Most traders are holding longer these days to work around the predatory machines. Soybean Meal - breakout today.