General Comments
You Get Paid to Hold Overnight
A look at one reason why daytraders may struggle...
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General Comments
Random Support & Resistance Levels
General Comments
Intro To Technical Analysis Course (2/2)
The conclusion of the plan for ITAC.
Individual Traders
Intro to Technical Analysis Course: The Plan (1/2)
The plan for the Introduction to Technical Analysis Course
General Comments
A Few Trading Rules
[dc]I[/dc]n doing the preparation and background work for the book, I found a set of rules for a swing trading system I traded for many years. I thought I would share a few snippets from those rules, especially the parts dealing with trade management and behavior management.
Individual Traders
How Do You Calculate Volatility In Excel?
How to calculate a simple historical volatility using Microsoft Excel.
Individual Traders
Ancient Wisdom / Modern Markets
Wisdom from ancient Eastern texts offer guidance for modern traders in all markets.
General Comments
Managing Gap Openings
Gap openings can present both danger and opportunity to swing traders. You need a plan for handling these volatile and potentially dangerous events.
Failure Test
Current Technical Situation: S&P 500
A failure test that justifies flipping a long position to a short position.
General Comments
Small Stops, Big Risks?
[dc]S[/dc]ome of the most persistent myths about trading revolve around the idea of low-risk trades. You will often hear traders say that they took a trade because the risk was "only a few pennies" or they could use a "very tight stop" on
General Comments
Two Statistical Studies
[dc]I[/dc] want to share two statistical "studies" with you. Both of these were done this weekend, using the cash S&P index from 1/2/1987 - 10/14/2011. Both show a strong and convincing edge. Without further ado, let's dig into
Individual Traders
Careful With Correlations
A casual understanding of mathematical concepts can often lead to incorrect conclusions. This post shows that the direction of markets on charts does not necessarily reveal anything about the correlation between those two markets.