Image via Wikipedia In a recent discussion among traders, the idea of how to measure the correlation between various ETFs in the world market model arose. Here is my method: I set up a table, updated automatically daily iwant to compare the daily % gains and losses as the data points, then just pick the […]
Tag: strategy
AP trying to do the math
The AP assigns 11 staff writers to immediately fact check Palin’s book. They apparently haven’t yet read Obama’s book, which precludes them from asking him why he won’t admit that it was written by Bill Ayers
Ask a Pakistani why Afghanistan matters
If you want to know, ask somebody: (ht: smallwarsjournal) Afghanistan: Seven Fundamental Questions by Major Mehar Omar Khan I know we live in a world that is real and is moved by minds – thinking, manipulating, conniving, conspiring, calculating and masquerading minds. Our world therefore seldom has a place for ‘sentiments’ – pure, sincere, honest […]
A reflection on action research “storytelling”
What follows is a 1st person, stream of consciousness reflection written to my mentor & committee chair. I describe what it was like to record a 10 min video “telling the story” of some preliminary findings emerging from my action research cycles into curriculum and adult learning. The video is hosted at YouTube. It […]
Management games for deep insight
Peter Checkland’s Soft Systems Methodology (SSM) describes the use of models to help us frame questions to ask of the world, and which help us become explicit about our world views, assumptions, frames of reference, theories of cause and effect, values, and desired outcomes. Checkland, P. (2006) Learning for action: A short definitive account of […]
Profitable ETF Trading Strategies: Color code price zones to improve decision-making
Intraday trading brings together perspectives from any different time frames into a single arena. Sometimes it is hard to make sense of why buyers and sellers react so strongly at certain price levels and not at others. How can you quickly and easily organize the information from different time frames to shape your trading decisions? […]
Profitable ETF Trading Strategies: appreciating the power of rehearsals
Rehearals are considered to be one of the highest payoff practices in the military planning process. It’s where units develop and reinforce the patterns of action and decision-making that make all the difference in combat. Rehearsals will improve your trading practice as well, if you understand how to do them well. There are 4 main […]
Reflecting on the source of qualitative judgement
Profitable ETF Trading Strategies: understanding Average True Range (ATR)
One of the most powerful measurements in the technical trader’s toolbox is Average True Range, invented by Welles Wilder, and found prominently near the top of every major charting package that can be found on the web. Its power is what makes it so popular. I always recommend to traders that they use ATR for […]
Profitable ETF Trading Strategies: Respect Volatility, use its power for good
At the most fundamental level, volatility is the fluctuation in the price of an asset. The greter the price swings in the shorter periods of time, the greater the volatility. Periods of great volatility are like thunderstorms. They get your attention. Volatility is an absolute requirement for a trader to make money. Most investors look […]