One of the most common quests for trading excellence early in a trader’s career is the search for an all purpose, robust trading secret which can be used to guide the trader through all markets, in all time frames, in any conditions, regardless of the instrument being traded, the size of the position, and your […]
Tag: decision-making
Profitable ETF Trading Strategies: the Problem of “Maybe”
A lot of professional traders manage the complexity of the human psychological dimension of trading by removing their emotional judgment as much as possible from the system by using a mechanical system. In other articles I have described how even mechanical traders will have to address psychological issues that are a natural consequence of trading […]
Profitable ETF Trading Strategies: Sources of Psychological Pressure for Mechanical Traders
How does a mechanical trading approach adapt to a complex market? When should you adjust your rules as a trader? Is there a place for discretion in mechanical trading? A lot of professional traders manage the complexity of the human psychological dimension of trading by removing their emotional judgment as much as possible from the […]
Profitable ETF Trading Strategies: Mastermind Meeting Discussion Topics
How can we focus the Mastermind discussion group’s attention? What kinds of topics are worth discussing? How do we keep the group on topic? In previous articles we have seen how to find quality mastermind groups for traders, and how a Mastermind group can improve your trading practice. When the Mastermind comes together in a […]
The Snapping Turtle trading technique: a case study
Here is a snapshot of one of our bread and butter intraday trading techniques: the “Snapping Turtle” technique which in Coca Cola (symbol: KO) turned in another reliable trade as the market melted up today. Chart 1 reflects the situation at the moment of entry. Our analysis suggested that if price were to move thru […]
A thought experiment in leadership and identity
Here is a thought experiment to get your mental juices flowing Who am I? a multi-billion dollar enterprise with a long and distinguished history, filled with notable achievements, and some dismal failures have for held a position of international leadership for decades associated with a core function of any modern nation and economy provides products […]
Reflections on Validity in qualitative research
Was working on my final draft for my research proposal and had the following reflection about the issue of Validity in qualitative research. Since I am aiming for transformational changes in our strong military culture, and am using individual Voice (narratives, stories , interviews etc) as the basis for describing the current situation and […]
Reflections on Qualitative Research techniques: interviewing
Wow 1: Lofland and Lofland p.37. “…It is precisely the “spy quality” of covert research in closed settings that raises questions about it propriety in social science” It strikes me that even if you take care to protect individuals by withholding their names, your results may end up introducing harm if the organization you are […]
The market is in a Washout pattern here
the entire mkt is in a Washout Pattern (WO) pattern here meaning: there is reason to buy the mechanical entry a nickel above the hi of today there is reason to buy evidence of momentum prior to the mechanical entry in order to front run it, so that u can get a better average price […]
20 year look back on SPY (the market)
on the monthly chart the 2 massive drawdowns are technically similar on a superficial level, but looking closely you will see that the previous massive drawdown tested the bottom several times before steaming back north. the fundamental economy also had not imploded in that one either whereas we are looking at a deconstruction of the […]