Category Archives: Uncategorized

Risk Management Pt 3

Last post explored how a trader can evaluate his edge by implementing an analysis methodology and routine. I talked about the importance of having a large winner vs loser ratio both in profits and frequency. In other words a good … Continue reading

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Risk Management Pt 2

In the previous post I talked about the different variables in play to determine a good risk management model and technique. One of the variables was the trader’s edge. Continue reading

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February's Performance Analysis

This month I tried to tackle over trading. I decided to limit to 5 the number of trades I could enter in a week. Not necessarily one trade per day, but 5 trades per week. Check out the performance graph and stats below. Continue reading

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Don't Panic!

Fear is probably a trader’s worst enemy. I know I am constantly fighting the fear of loosing opportunity when a stock I monitor is moving higher quickly, or that I am going to lose big on a gap the next day. A check list can help you control that feeling and allow you to make objective decisions in critical situations. Continue reading

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Intraday Market Direction

Looking at the TICK, ADV and DECL intraday on a 5 min interval can show you which direction the market is likely to move. Plot a 20 MA over the charts to help you visualize the direction. Continue reading

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Links to Great Posts on Trade Journals

Great links to resources about How to use and format Trade Journals. Continue reading

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