It is conventional wisdom to advise traders to become more professional in their trading practice. This is almost always very good advice, because professional behavior will help protect you against the kinds of emotional hurt it animal behavior that is your enemy as you struggle to compete for profits in the market. I say this […]
Tag: ETFs
Profitable ETF Trading Strategies: become more professional in your trading
James Q. Wilson is a UCLA sociologist who has written extensively about bureaucracy and professionalism. He said professionals receive important rewards from members of their group, that their group has special membership criteria usually related to formal education and the group defined code of conduct, and that they learn things in ways that are different […]
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: what is the nature of the market?
What is the nature of the market and why do we care? Based on your belief in the nature of the market, which may or may not be supported by evidence, you should be applying a specific strategy for successful trading. Based on the academic research into complexity and complex adaptive systems, you can make […]
Profitable ETF Trading Strategies: developing a master belief list
Developing a master belief list is an important part of assembling your total trading plan. This is a list that itemizes every belief that you can think of with respect to self, market and systems. In later stages of analysis and self awareness, you will come back to each belief to identify the source and […]
Profitable ETF Trading Strategies: integrating your beliefs about self market and systems
I have already described in a previous article how I examine each of the three components of my total market performance perspective individually and some of the considerations that I am evaluating. These three components are: self, market and system. Each of these domains is a suitable topic for inquiry and self discovery. But this […]
Profitable ETF Trading Strategies: beginning the journey of self-awareness
When I put together my total trading performance system, I consider it from three primary perspectives: self, market, system. When I consider my Self as part of my trading system, then I am examining my beliefs about self, my strengths and weaknesses, my emotions and rationality, my goals and objectives, my appetite for risk, […]
Profitable ETF Trading Strategies: applying Gladwell’s insights from “The Tipping Point”
Malcolm Gladwell’s excellent book “The Tipping Point” describes the common characteristics of mass psychology with respect to fans and trends. Even though it is just a popular psychology book, and has been criticized by some for its lack of academic rigor, I still think the book offers a lot of useful insights to the world […]
Profitable ETF Trading Strategies: developing a new oscillator, the NDX()
In my last article I described two problems that I had with the otherwise excellent technical indicator known as Williams %R. I just like the scale which goes from zero to -100 which seems counterintuitive, and I don’t like that uses today’s price action when calculating the index value which hides information concerning breakout days. […]
Profitable ETF Trading Strategies: a closer look at Williams%R with 2 improvements
In a previous article, I described how I use Williams %R as a useful oscillator in determining an asset can be considered an overbought or oversold conditions based on the context of recent price action in a defined look back period. I like to use 10 days and one year for context. I use the […]