Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading 3 pptx

... 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 Temp...

Ngày tải lên: 20/06/2014, 19:20

... points that I want you to remember as you read Diary of a Professional Commodity Trader are: 1. Consistently profitable commodity trading is not about discovering some magic way to find profitable ... 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. T...

Ngày tải lên: 20/06/2014, 19:20

... 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...

Ngày tải lên: 20/06/2014, 19:20

... 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 ... graph of the Australian dollar/Japanese yen (AUD/JPY). Again note the retest that occurred two weeks after the initial pattern completion. As is almost always the case...

Ngày tải lên: 20/06/2014, 19:20

... markets) are placed early on Monday morning. I am normally awake and have checked Asian and European trading by about 3: 30 AM mountain time. I am not a very good sleeper. The exact time a trader does ... 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 pat...

Ngày tải lên: 20/06/2014, 19:20

... 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 trading Advantage ... The standard deviation of this occurrence is quite extraordinary. But it is explainable. The reason is that the distribution of profitable and unprofitable commodity and forex trade...

Ngày tải lên: 20/06/2014, 19:20

... 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 ... through a series of trading signals. The gold market from January through early April was a great example of a concept I call market redefinition a process where one p...

Ngày tải lên: 20/06/2014, 19:20

... 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 .32 23. The market failed to reach its target and turned up on March 26,...

Ngày tải lên: 20/06/2014, 19:20

... 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...

Ngày tải lên: 20/06/2014, 19:20

... 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 ... personality and temperament and risk management and success and analysis of Trading platforms Trading signals: criterion for valid successful trading and Tra...

Ngày tải lên: 20/06/2014, 19:20