Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading 4 potx

... believe are unique among commodity trading books: 1. I am a real trader who trades real markets in real time with real money. I am not an academician or a person who relies on the sale of books ... Managed Account Research Inc. web site. Part II: Characteristics of a Successful Trading Plan Chapter 2: Building a Trading Plan Trader Personality and Temperament...

Ngày tải lên: 20/06/2014, 19:20

... is because I am. Research has shown that having a managed commodity portfolio decreases the volatility of a balanced stock and bond portfolio. Figure I .4 compares the Barclay Commodity Trading Advisor ... 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....

Ngày tải lên: 20/06/2014, 19:20

... 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 trading plan ... are dictated primarily by how risk is managed. Many novice commodity traders assume each trade will be a winner. Professional traders manage their trading to assume that each tra...

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

... the determination of the risks and leverage taken on any trade or combination of trades, trade order management deals with the actual physical process of entering and exiting trades. My job as a trader is really ... Figure 6 .4. I bought a mini contract (a total of 33 ounces) of April gold at 8 84. 2 per $100,000 of capital. My initial stop was just under the Last Day Rule...

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 spot Regulatory oversight Commodity ... The standard deviation of this occurrence is quite extraordinary. But it is explainable. The reason is that the distribution of profitable and un...

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 ... percent. One trade (USD/CAD) remained open. None of the closed liners my trading is reduced to just trades that wash each other out. Each month, the Factor Trading Plan needs a co...

Ngày tải lên: 20/06/2014, 19:20

... chart trading are those that are delayed …delayed …delayed …delayed! Do not anticipate what a chart might become. Make a chart prove itself. Do not lead a breakout. Do not determine what a chart ... 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 capit...

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