Tag Archives: Futures

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

Two ways to protect your account from you.

There is something to be said about starting over.  Many people have lost their fortunes and rebuilt. We have all done destructive things to our accounts. Maybe it is ego, bad luck, too much risk, or self destructive behavior. But first thing’s first, you have to build something first. Below is how to save you fromContinue Reading

Difference between process and strategy.

This originally appeared in January 2012. I received a comment asking me to explain the difference between process and strategy. If I could talk to myself 8 years ago I would have a conversation with myself about process vs strategy.  I would spend 95% of my time on process and 5% on strategy and asContinue Reading

In love with the grind.

Trading takes some faith.  When you start you are blinded by the upside.  You hear of or if you are fortunate you actually see people make money. If anyone says they do not get into trading for the easy money they are lying.  If, after a period of time, they say it is easy moneyContinue Reading

The Three Most Important Words in Market Forecasting

“In this market…” Whenever I am asked to make a prediction, I start or finish with “in this market.” Although I look at longer term charts I do not trade off of them. I look at long term charts only because I know other people look at them.  Much of technical analyst, the predictive part,Continue Reading

Market Participant Hierarchy of Fears

How does yours differ?  How would you change it? We would really appreciate your feedback, if you like, hate, or think we are full of crap. Please leave a comment, a voice mail (312) 725-9121 , email info @ traderhabits (dot) com or twitter, stocktwits, youtube and facebook. Subscribe to Traderhabits by email or to newsletter.Continue Reading

Anticipating Market Profile Change

                                                                                                             Continue Reading

Response to CME reporting delay.

Jeffrey Carter of Pointsandfigures has a post out today breaking down the WSJ reporting of the lag between confirmation reporting. His main argument is that these millisecond delays in the confirmation to the trader versus to the public create an advantage. In simple terms the trader knows about their fills before the market does. He goesContinue Reading

Markets aren’t manipulated, people are.

Whenever I see bars like today when the AP hacking took place, I know that some people got taken out or were at least seriously maimed. It is the unfortunate part of this job.  One of many bad things.  But I also know that some people made money. (I was away from my desk.) HereContinue Reading

Where the S&P 500 is going.

Quick overview. S&P 500 Cash cannot be traded it is a calculation of the stocks in the S&P 500 weighted based on Market Capitalization. You can see the changes in the companies listed here (yes I linked to wikipedia, something I am not proud of). Many people use the S&P 500 Cash against S&P 500 futures.  What generallyContinue Reading

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