Sometime every January I make a list of recurrent themes that emerged in the previous year I’d like to carry into the next. The list is not a “checklist” (the trading community is replete with those anyway), not mechanical or one of rote pragmatism; just simple aphoristic lines that I keep on an e-sticky on [...]
Archive for the ‘Trading Psychology’ Category
Discretionary Trading Themes for 2011 1 comment
Rules of Trading 3 comments
December Dismember Leave a comment
Well, nothing so dramatic as that really. Sometime yesterday andrewunknown.com went on the blink and blog ceased redirecting, but with some techkering around the problem seems to be resolved. This is one of those mysterious occasions where something technological is inexplicably reconfigured without any human activity or intervention. No expirations, no changes, no hardware issues, [...]
The Practical Ambiguity of System Signals 1 comment
No time to update on this week’s trades thus far at this point; suffice it to say it’s been a lackluster start beginning with some…well, they were patently idiotic decisions in SA1 on the Kiwi and Aussie shorts mentioned a few posts previous. Were all (or even a sufficient number of) method criteria satisfied on [...]
Help! An Angry Bear Is Destroying My Account! 3 comments
Rob Booker over at Piptopia published a new mini-e-book a few days ago about working through the reflexive desire to immediately compensate for, misgivings about one’s capabilities as a trader as a result of and other excruciating mental challenges that accompany a losing streak. Rob is an excellent writer because of – among other things [...]
Selective (Market) Ignorance Leave a comment
Price action is the single inherent function of the marketplace: fractal in scope, present at all times in the tension between divergent perceptions of value and the streaming drama of supply and demand. Each trader is a free agent acting within a seamlessly fluid environment where mass alignment and antagonism coalesce out of the limitless, [...]