Truer Words Were Never … Pt.2
Truer Words Were Never … Pt.2
Feb 3, 2006
As part of an occasional series of great approaches to trading, written by fellow traders/bloggers, here is a series we call “Truer Words”. Part 1 is posted here.
The articles in this series discuss the fundamentals of trading which include emotional intelligence, trading journals, size management, P/L performance, and many other dimensions – not just pre-trade analytics and idea generation.
Fallon D: This is an example of someone who outperformed the market over 3 months using Trade-Ideas AND most importantly provides the data to back it up in the form of many blog posts. It’s all summed up in a great chart and in the post below – we could not be happier for his results. It just might be the best testimonial of the year: http://blog.fallondpicks.com/2006/01/trade-ideas-story-so-far.html#comments
Alan Farley:
His point in a nutshell? Markets cycle continuously through bursts of intense activity, followed by periods of relative calm. Smart traders can identify the signature for this Coiled Spring move and make their play well ahead of the crowd. Note: We created a Strategy Session based in part on Alan’s article. Here is the post: http://marketmovers.blogspot.com/2006/02/strategy-session-i-saw-it-on-discovery.html
StockBandit.net: Two articles
His point in a nutshell? Come fully prepared for the trading day or stay at home. There’s no in between. “Don’t Forget Your Game Face“.
The second article is appropriately enough about how to best prepare yourself for trading. The article specifically addresses what kind of layout is optimal to avoid information overload or analysis paralysis. “Simplify Your Trading Layout“.