Diary of a Professional Commodity Trader Lessons from 21 Weeks of Real Trading 13 doc

... 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...

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 ... quick-fix systems and approaches as a means to easy profits are a dishonor to the real- life challenges of trading. Second, I want to communicate to nontraders and t...

Ngày tải lên: 20/06/2014, 19:20

... 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 trade may be a loser. Obviously, ... 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)....

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 ... me as a trader. And this is a battle that never ends. Existing Open Positions Among all aspects of my trading, this is the one area that causes me the most...

Ngày tải lên: 20/06/2014, 19:20

... Dan alerts me to hikkake patterns in markets he knows I am trading. I have no interest in a hikkake in any market I am not trading or looking to trade. The hikkake is a failed inside-bar pattern. ... slightly different bids and offers Standardized, a single market Size of trading units Flexible Standardized Volume, liquidity, hours of trading Advantage spot Regulatory overs...

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

... 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 asset...

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