Window dressing occurs when a trader is short and the market rallies and until recently was only limited to the end of month but it now can occur at any point. See many trades tell themselves lies. For example, there is only one way to make money. That if you make money doing one thing… Continue Reading
Monthly Archives: June 2012
What is a healthy market?
A healthy market facilitates a transaction. Now if you want to talk about an ideal market that is a different story. And attracting quality market participants is yet another. See also: What the market promises us. We would really appreciate your feedback, if you like, hate, or think we are full of crap. Please leave a comment, a… Continue Reading
Three levels of trading success.
One of the big things that we teach our traders is the difference between a limit and a limitation. A limit ensures you are in a good place mentally to take a trade. A limitation prevents you from growing. Another important distinction in trading success and success in general is understanding the difference between a… Continue Reading
Trading or trading porn?
..if $SPY was up 3 days in a row into a FOMC day, it was also up that day 15/15 times. This is a tweet that was all over my timeline yesterday. I don’t know the intention of the tweet nor the context. I didn’t reach out to the guy to find out. But… Continue Reading
A story of entrepreneurship and community.
Updated: Has not raised about $120k in 13 hours. I have taken some time away from the blog, if you even noticed. But the blog father has summoned me. Seth Godin launched a kickstarter at 5:07 AM ET today and as of 11:30 AM ET he has raised $97,000, $57,000 more than the goal. I… Continue Reading
The power of fear.
Fear is the emotion of survival. Before every game or before the first trade of the day there is always that little bit of uncertainty. That feeling in your stomach. For me it always went away as soon as the first hit or the dink of my first order getting filled. Same is true with… Continue Reading
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