tns from 21 weeks of rài liệu tài chính

... Chapter 7: Characteristics of a Successful Trader Intimate Knowledge of Trading Signals Discipline and Patience Analysis of Self and of the Trading Plan It Takes a Leap of Faith Points to ... things of things. As a group, you can be proud that you did not contribute to the global economic woes of recent years. As professional commodity and forex traders, you have a lot to be proud of. ... the performance of the top 20 professional futures and forex trading operations during the past five years (measured by risk- adjusted rates of return). TABLE I.1 Performance of the Top 20 Commodity/Forex Trading...

Ngày tải lên: 20/06/2014, 19:20

... forex speculation for a period of about 21 weeks. immediately reopen for a new day of trading. Seamlessly (and on computer trading platforms), trading rotates the earth from the United States to ... aspect of trading mastered. 5. It is possible to be profitable over time even though the majority of trading events will be losers. “Process” will trump the results of any given trade or series of ... single most important component of consistently profitable market operations. I want to address this underdiscussed aspect of market speculation. Of the top 20 professional commodity-trading firms during...

Ngày tải lên: 20/06/2014, 19:20

... side of trades in which I have a strong belief and make money consistently. About 30 to 35 percent of my trades over an extended period of time will be profitable. The probability of my ... to 1 percent of trading assets, and preferably closer to half of 1 percent of assets. Because I think in incremental units of $100,000, this means that my risk per trade per unit of $100,000 ... follows that the day of the breakout is a significant event. Ideally, I establish a position at the point of a price breakout and use the low of an upside breakout day or the high of a downside breakout...

Ngày tải lên: 20/06/2014, 19:20

... book, the types of patterns presented here are not typical of the trades I make on a regular basis—I only wish this were true! You will see plenty of my mistakes and examples of lack of patience ... of the nearby contract of gold (Figure 3.28) displays the second type of market run. In this case the trend contained days with intraday lows beneath the previous days’ lows, but in no case from ... Notice that the head of the eight-month H&S took the form of a five-week H&S pattern. When Is an H&S Pattern Not Real? I am often amused by the interpretation of charts made by talking...

Ngày tải lên: 20/06/2014, 19:20

... upward from the high of the right shoulder. In this case, I projected the height of the original H&S of 634 points upward from the July 1 right shoulder high of 8527, producing a target of 9161. ... amount upward from the October 29 low of 1027 yielded a target of 1112, met on November 12. Lessons from Trading Gold in 2009 I hate being jerked around in the markets. I hate buying at the top end of ... another case of coulda, woulda, shoulda! It is important to note that the lows of the breakout day of September 2 and the upthrust day of September 3 were never challenged. This is often the case...

Ngày tải lên: 20/06/2014, 19:20

... 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 ... penetration of the dominant trend line. Being wrong on 91 percent of trades over a series of 27 trading events reaches the outer extreme of a bell curve distribution. The standard deviation of this ... confirmation of any sort from weekly chart developments. As a general rule, a minor signal should be a minimum of four to eight weeks in duration for a continuation chart pattern and eight to 10 weeks in...

Ngày tải lên: 20/06/2014, 19:20

... 9.19 The Late Stages of the Rounding Top in EUR/JPY. The target of this trade was a test of the neckline on the weekly chart. The target was reached on January 21. I took profits. In situations ... trading unit, risking six-tenths of 1 percent. The small running wedge had formed at the upper ice line of the rectangle. Often, these smaller patterns propel prices out of larger patterns. However, ... of a series of five frustrating trades that began in January. I am breaking the mold on the month-by-month format in order to track gold through a series of trading signals. The gold market from...

Ngày tải lên: 20/06/2014, 19:20

... 11 different markets. Of the 16 trades entered, seven were closed at a profit and 10 at a loss (although not all in February)—a profit ratio of 43 percent. The distribution of trades by category ... time of their formation but failed to deliver. In turn, the daily formations are comprised of numerous hourly chart formations, some of which produced a move to their implied targets, many more of ... Simulation and optimization of combinations of technical indicators is something anybody can perform with any number of trading and analysis platforms. I contend that this type of optimization produces very...

Ngày tải lên: 20/06/2014, 19:20

... performance of the period covered by this book into the context of my trading from 1981 through May 2010. This is a graph of the Value Added Monthly Index (VAMI) representing the growth of $1,000 ... Chart of October 2009 Crude Oil. The daily chart of the October contract, as shown in Figure 14 .21, displays the closing price line. Often, a closing price chart can provide FIGURE 14 .21 Daily ... 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 markets is to transfer wealth from...

Ngày tải lên: 20/06/2014, 19:20

... studies assumptions of basics of best trading practices components of evolution of global assumptions of idealized construct of entire year monthly returns from 1981 performance ... not removable from trading profitability and Entry, to trades. See also Identification, of trades Equity balance: avoiding daily checking of commodities as percentage of liquid EUR/CHF, ... principles benefits of chart trading history of ideal chart patterns limitations of Closing price, importance of Cocoa, premature breakout in Commodities, as percentage of liquid investment...

Ngày tải lên: 20/06/2014, 19:20

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Ngày tải lên: 21/06/2014, 07:20

Ngày tải lên: 21/06/2014, 07:20