The ability to manage your emotions at a comfortable level is a decided advantage for any trader to have in the market. It takes a live focused attention and energy and commitment to offset the hardwiring of the millions of years of evolution that shaped our evolutionary brain. A very powerful technique in the battle […]
Category: education
Profitable ETF Trading Strategies: the operations order format of structured trading
The military’s five paragraph field order is a template for trading success. By adapting this powerful template, you will have an outline of required information to ensure that your plan is complete. The five sections are: situation, mission, execution, support, command and control. Let’s take a quick look at the contents of each of these […]
Profitable ETF Trading Strategies: three leadership questions for traders
I had an opportunity to conduct a two-hour interview with the executive director of the Center for Creative Leadership and explore their research into the field of emergent leadership. It is their opinion that modern leadership for conditions of uncertainty take on a different form than are conventional notions of leaders and leadership. Their insights […]
Profitable ETF Trading Strategies: Kipling’s Jungle Books metaphor in trading
I have written in previous articles about the power of metaphor in trading. Our evolutionary brain makes powerful use of analogy to reason about new situations to find effective behavior. To see in a flash that this situation is like that situation and that what worked for success over there might work over here is […]
Profitable ETF Trading Strategies: Synchronizing your trading systems into an effective strategy
Achieving integration and synergy is a critical part of the military planning process, which has a direct connection to the task of trading successfully. Military units achieve integration and synergy in a variety of ways that include phasing, control measures, decision criteria, a synchronization matrix and rehearsals. Each of these can be a great help […]
Profitable ETF Trading Strategies: understanding what contributes to your trading results
Sometimes I think we try to give ourselves too much credit and too much blame for our trading results. There is no doubt that we are responsible for our results in the macro sense, and that it is a healthy philosophical and psychological mind-state to be responsible for results. It is clear to me though, […]
Profitable ETF Trading Strategies: my 10 best reasons for joining a mastermind
I have been a member of a trading mastermind for year and a half and have found it to be one of the most powerful edges in my arsenal as a trader. I cannot recommend a mastermind too highly to anyone interested in improving their trading practice, no matter what their skill level may be. […]
Profitable ETF Trading Strategies: reflecting on technical and fundamental analysis
To my way of understanding, technical analysis is the application of various forms of mathematical and statistical analysis to the study and description of the price movement of an asset (for me, a stock or an exchange traded fund usually)on a graph or in data tables, with the idea being that we can increase our […]
Profitable ETF Trading Strategies: understanding Average True Range (ATR)
One of the most powerful measurements in the technical trader’s toolbox is Average True Range, invented by Welles Wilder, and found prominently near the top of every major charting package that can be found on the web. Its power is what makes it so popular. I always recommend to traders that they use ATR for […]
Profitable ETF Trading Strategies: 4 ways to measure volatility
Volatility is such an important part of any shorter term trader’s trading strategy that it is worth taking a few moments to consider several different ways that it can be measured and understood. Depending on the typical length of time you plan to hold your positions you may find one or the other of these […]