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 […]
Tag: risk
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: 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: 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 […]
Profitable ETF Trading Techniques; 10 qualities of a good Mastermind group
What can a mastermind do for you? Why should this be part of your trading practice? What are the qualities of a good mastermind? Trading can be a very lonely profession particularly with online trading through a deep discount broker. At the same time trading places tremendous psychological pressures on you to win or at […]
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 […]
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 […]
Stimulus plan?! How about reward your friends plan?
with 5% of the 800+B going towards actual infrastructure, the truth is revealed about promises made. The ones that matter are the long standing ones made to supporters early in the process, years ago, behind closed doors. Private promises made by public faces. If you wanted a real stimulous for the economy you would remember […]