Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading 2 pdf
Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading_1 ppt
... because both offer a real look at the
real lives of smart traders.
I accepted this book challenge because John Wiley &
Sons and I shared a vision for a book that would be a diary
of my real- time ... Managed Account Research Inc. web site.
Part II: Characteristics of a
Successful Trading Plan
Chapter 2: Building a Trading Plan
Trader Personality and
Tem...
Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading_2 pdf
... prolonged
periods of unprofitable trading
2. Ability to manage emotions—at least most of
the time—and not allow them to override trading
rules and guidelines.
Adequate Capitalization
FIGURE 2. 2 Long ... profitability
that trading requires a comprehensive approach
addressing far, far more than simply having a belief that a
certain market is going to advance or decline....
Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading_3 pptx
... the pause was strong and the pause
takes the form of a pennant or flag. Figures 3 .21 and 3 .22
display continuation patterns in Australian dollar/U.S. dollar
(AUD/USD) during the same advance ... technical approach used by the Factor Trading Plan
falls into a category known as discretionary (as opposed to
the mechanical approach used by many technical traders).
A discretionary...
Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading_4 potx
... professional
trading career was dedicated to advancing a more
conservative approach to futures trading. Donchian passed
away in the early 1990s.
The Weekend Rule basically states that a market that
decisively ... simply a means
A continuation pattern during the course of a major trend
allows me to advance my initial protective stop in the
direction of a profitable tr...
Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading_6 doc
... breakout day is sacred and that the
high of a downside breakout day or the low of an upside
breakout day will be the demarcation point between the
trading range of the pattern and the start of a ... concentrated
focus in 20 09. My opinion of sugar in 20 09 highlights the
fact that as a chartist I am not a detached market observer.
My biases often dictate my chart analysi...
Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading_8 ppt
... an immediate profit.
From time to time over the years, I have toyed with the idea
of grabbing a quick $500 to $1,000 per contract profit and
walking away from trades.
The analysis of my trading ... dealer and trading
platform can have slightly
different bids and offers
Standardized, a
single market
Size of
trading units
Flexible Standardized
Volume,
liquidity,
hours of...
Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading_9 doc
... never
look back.
March Corn: A Classic Breakaway Gap
Signal Type: Major Breakout Signal
The vast majority of price gaps are pattern gaps—gaps
that occur within a trading range that are covered ...
patterns rather than allowing charts to become fully mature
before assuming a trade. Table 9 .2 presents the profile of
the amended Factor Trading Plan.
TABLE 9 .2 Amended...
Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading_11 doc
...
The Australian dollar/Canadian dollar (AUD/CAD) is a
textbook example of the comedy of errors that can occur
when a symmetrical triangle works its way too far toward
the apex. Because prices had ... failure
was confirmed. I could have taken the short a day earlier on
March 18. The target of the pattern was 1. 322 3. The market
failed to reach its target and turned up on March 26...
Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading_13 pptx
... the Daily
Copper Graph.
The Goal of the Markets Is to
Separate You from Your Money!
A trader much wiser and more profitable than I once said that
the real purpose of capital and speculative ... The
benchmarks are the Lyxor CTA Index, the Barclay Hedge
NewEdge CTA Index, and the S&P 500. Lyxor and Barclay
track the commodity trading advisors (CTAs) managing
large assets...
Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading_15 doc
...
performance evaluation
at profit
risk management
Factor LLC:
first big trade
proprietary trading record
Factor Trading Plan. See also Case studies
assumptions of
basics of
best trading ...
as 20 10 opportunity
Technical Analysis and Stock Market Profits
(Schabacker)
Technical Analysis of Stock Market Trends (Magee and
Edwards)
Technical trading
Time f...