Tag Archives: fear

Resting orders, trading plans, and intuition/fear signal crossing.

This originally appeared Dec 2010, updated below.  I had a nice email exchange over the past week. Originally we had talked about pulling the trigger, I asked him to send me his trading plan. In addition he asked me my opinion on resting orders. A plan is only as effective as your ability to exceptContinue Reading

Resting orders, trading plans, and intuition/fear signal crossing.

Originally appeared November 2010 I have had a nice email exchange over the past week. Originally we had talked about pulling the trigger, I asked him to send me his trading plan. In addition he asked me my opinion on resting orders. A plan is only as effective as your ability to accept the consequencesContinue Reading

Role of story telling on the price of any given market.

Over the weekend there was an argument on twitter about how much fear accounted for the price of gold.  As it was a holiday weekend I did not follow the whole conversation but it probably ended like most on the internet, with no one winning. It did get me thinking about how much a storyContinue Reading

Email: How much money do I need to start trading?

Letter from a reader. Hi Eli, I just read a few of your articles and thought I would drop you a quick email. I liked the analogy about getting through the forest as I think that is where I find myself now. I have been trading the S&P futures for about a year now onContinue Reading

Randomness and markets.

We get random wrong. I lose several times a day and have lost thousands of times in my career and hopefully will have an opportunity to lose tens of thousands more times. In order for me to continue to trade I have to rationalize the losses. Some are losses and some are mistakes, some areContinue Reading

Infographic of the day: Asia’s Arm Race

I like a little fear with my afternoon trade.  Interesting to see how much they are spending to keep up with the “Jones”. 0219AsiaArmsRaceContinue Reading

Are you using information wrong?

Why do you use information? The answer to this question is dependent on what you want to do with the information. Your desire for an outcome is directly proportionate to the amount of information you seek. Information is used to make an informed decision or to make no decision at all. Information gathering tricks usContinue Reading

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