Achieving integration and synergy is a critical part of the military planning process, which has a direct connection to the task of trading successfully. Military units achieve integration and synergy in a variety of ways that include phasing, control measures, decision criteria, a synchronization matrix and rehearsals. Each of these can be a great help […]
Tag: training
Profitable ETF Trading Strategies: applying the concepts of Mission and Commander’s Intent to improve your trading
The military planning process offers powerful insights that traders can apply to improve their trading practice dramatically. This article looks at the powerful idea of the Concept of the operation. The concept of the operation immediately follows the Mission Statement and Commander’s Intent, which lays out the critical tasks and purpose of any operation, and […]
Profitable ETF Trading Strategies: adapting the best practices of military planning
The Military Decision Making Process is a reliable way for military unit commanders and their staffs to conduct rapid yet thorough planning and produce highly reliable plans that have an excellent chance of producing success on a complex and uncertain battlefield in the face of a dedicated, adaptive enemy bent on their destruction. It is […]
Profitable ETF Trading Strategies: introducing “ready fire aim” for traders
If you don’t have confidence in your understanding of the market you are trading, and or have a specific strategy that has a definable set of rules for scanning, filtering, stalking, entering, managing, and exiting your trade, you might think of the opportunities in terms of “Ready-Fire-Aim” instead. Performing these 3 tasks in a different […]
Profitable ETF Trading Strategies: “Ready-Aim-Fire” for traders
If you have confidence in your understanding of the market you are trading, and have a specific strategy that has a definable set of rules for scanning, filtering, stalking, entering, managing, and exiting your trade, you might think of it in terms of “Ready-Aim-Fire”. By getting this sequence right, and performing the required tasks properly, […]
Profitable ETF Trading Strategies: a craftsman’s approach to trading
How you think about the activity of trading in the world has a powerful influence on the planning preparation and execution of your trading plan. Robert Pirsig describes the mindset of Grail seekers in his excellent book Zen and the Art Of Motorcycle Maintenance. He called it the romantic approach and associated with things like […]
Profitable ETF Trading Strategies: the psychology of Grail seekers
How you think about the activity of trading in the world has a powerful influence on the planning preparation and execution of your trading plan. If you think of it as a quest for the holy Grail, it would not be surprising for you to use the language of mysticism, spirituality, intuition and to […]
Profitable ETF Trading Strategies:understanding the limitations of professional
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 […]
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, […]