Archive for November, 2014
Today’s edition discusses the concept of bridging the gap between knowing the “rules” of the game and consistent success, as well as whether it’s possible to stay in that trading or life zone for extended periods of time.
This weekend’s thoughts focus on some of my strongest feelings about trading, life, and how they’re intertwined. I also stress the issue of pressing your bets when the time is right, which to my surprise remains a little-preached concept.
As I mention in the video, as was the case when I published my daily diary, I’m speaking to myself as much as anyone.
Have a blessed and productive week.
Yes, we’re back to WEEKLY installments of the Weekend Trader, the momentum of which I plan to continue to give traders weekly perspectives during their R&R (& R for Reading).
Today’s column focuses on some of my favorite tools and perspectives, using a combination of new and existing “building material”, with relevant links noted below the video.
Lastly, I remind us what these tools are … and more importantly … are not.
So enjoy your third “R”.
Viewer Choice and Personal Favorite Posts from the Past including the Chinese Bamboo Tree, Lessons from John Wooden, and a post containing 10 additional links including the video I posted right after the May 2010 Flash Crash
That infamous “There’s no Crying in Trading” Flash Crash post.
Subsequent post-crash weekend perspective.
The Svithjod Rock post (from the original diary blog!) which was also syndicated for use by the NY Trading Expo. Note other key post inks in the lower left margin.
The Jazz Trader post, also from the original blog and syndicated by MoneyShow.
My personal inspiration from four years ago that still gives me chills … posted shortly after the 2010 Flash Crash.
Not-So-Shameless Plug for Chronicles of a Million Dollar Trader with 100% of proceeds supporting World Vision
The CN futures team will be presenting a free webinar Wednesday 11/12 at 4:30pm ET to review their charting platform that I discussed in this week’s Weekend Trader piece.
Here’s the sign-up link for those interested.
In today’s video, I discuss some incredible front end technology called Inside Edge by Peter Nannis, who I knew from the TradeMaven days of the mid 2000s, and who has teamed with Charlie Cochran to provide a charting infrastructure and environment that is above and beyond anything I’ve ever seen in many years.
Essentially, the environment both compliments and enhances our existing price-based methods by adding a series of volume-based charts, including the ability to filter your charts to only reflect big money at work.
They offer a free trial of both the software and their trading room (where I’m currently hanging out as a trader as time permits), which you can access here.
As an example, here’s an example of what Big Money was doing and not doing when Friday’s jobs report was issued: