http://www.wired.com/wiredscience/2010/09/the-tight-collar-the-new-science-of-choking/ interesting use of the auditory channel to improve performance when under stress i do the same thing with the use of drum solos to help me concentrate when trading at key moments in the trading day classic chokes — appear to rise from the process known colloquially as “thinking too much” or “paralysis through […]
Tag: Investing
Tortoise daily trading plan review, Apr 24, 2011
http://www.youtube.com/watch?v=FkHEL2PUNrw daily trading plan review Market in Bull Normal; Market is Overbought on a short term basis Equities have stalled vicinity the previous swing high, with signs of confidence in emerging mkts and Asia beginning to emerge. Precious metals, commodities, energy of any type are dominating, especially silver Rebalancingproject: Monthly rebalancing : next re-evaluation on/about […]
Swingtrading indices with pair trading
we know intuitively, anecdotally, that the indices of the world market move in and out of favor with SPY we know definitively that the degree of correlation varies based on market condition, and can change pretty quickly too this study looks at what happens if you had a pair trade between each of the main indices […]
Traders Roundtable: the fifth P of successful trading is Performance
A lot of beginning traders are under the mistaken assumption that if they have a back tested system, good preparation, and a relaxed state of mind that they have an almost certainty of being successful. If only it were that easy. All the preparation and the world does not guarantee effective performance. We still have […]
Education advice for new traders
Image via Wikipedia Learning to survive in the world of daytrading and swing trading is no small undertaking. If it were easy, everyone could do it. The ocean of trading is filled with sharks who are looking to gobble up easy marks. You want to make sure that you’re not an easy catch for them. […]
Risk management for new traders
Image via Wikipedia Daytrading seminars, trading books, television commentators and radio advertisements are filled with promises of easy money in the stock market. With just a little bit effort and a fistful of dollars, you too can be enjoying the lifestyle of the rich and famous. We know in our hearts that this is not […]
Managed risks?
Image via Wikipedia The risks now? Risk of being left behind if the fear was an anomaly and there is now the mother of all buying opportunities: my strategy? Continue to trade intraday with no overnight risk, at my usual levels of risk, in large cap US companies, and broad index ETFs, in either direction […]
Profitable ETF Trading Strategies: trade like Ted Williams hit baseballs
There is general agreement that Ted Williams was the greatest hitter in the entire history of baseball. He brought a science to the practice of hitting, a committment to the informed practice of his craft, a deep understanding of his strengths and weaknesses as a hitter. These combined with his natural physical ability to produce […]
Profitable ETF Trading Strategies: the best book on trading
A friend of mine who is seeking to develop his skills as an equity trader asked what book on trading he should read if there were only one. I started to think about the different masterpieces I have read and have applied in my own trading. There are masterpieces of fundamental analysis, of technical analysis, […]
Profitable ETF Trading Strategies: the power of stories
Trade like a storyteller We know from cognitive science and learning theory that humans are storytellers by both nature and nurture. Knowing this about how our brains are wired can help us in a couple interesting ways as lifelong traders and learners. Generally it is easier for most people to learn when the new information […]