For me, achieving the zero-state is a necessary precondition for trading at my peak. In other essays I have described it as a place where adjective pairs of mental states cancel each other out, leaving only a moment of pure being. It is the space between the words that we know, a moment and a […]
Tag: education
Profitable ETF Trading Strategies: Trading From the Zero-State
One of the most important qualities of the professional trader is the ability to manage your psychological state. Psychology is such an important component of shorter term trading that it can make all the difference between success and failure. In my own trading, the essential state of mind I must be in to trade at […]
Profitable ETF Trading Strategies: 8 attributes of quality research
There are plenty of snake oil salesmen in the financial advisory business, but there are by far many more conscientious professionals prepared to act as good fiduciaries for you. At the same time there are many people willing to take on full responsibility for the design and implementation of some or all of their own […]
Profitable ETF Trading Strategies: You don’t have to be “right” to make money
What happens when you have placed your trade and you immediately have second thoughts as you watch the market moving against you? It is a normal trading experience to have a position that has moved in your favor a certain distance but has begin to stall before it reached the price that you were expecting […]
Profitable ETF Trading Strategies: 3 Tips for developing a market classification system that fits your style
In previous articles I have described why a market classification scheme is a high payoff strategy for improving your trading results. I now want to describe a few things for you to consider as you look to take advantage of your edge in market classification. Focus on the following issues to make sure that your […]
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 […]
Reflective learning and Self Talk
At our trading workshop this weekend, wr reviewed a numbver of what I consider to be milion dollar ideas: ideaswhich, over the course of a lifetime should produce a net value add greater than a million dollars in trading performance. While we were doing that in the middle of our assembled traders and institutional money […]
Leadership in Complex Adaptive Systems
Team Obama is placing their bets on the idea of Leadership being responsible for results. The latest manifestation of this is in the call for the resignation of the CEO of GM, Rick Wagoner. The proposition is that Obama, from his vantage point of President, USA (CEO, USA?) is in a position to determine that […]