Archive for September 2008
Benefits from Unemotionally Trading Your Plan
There isn’t much to add to this example of a trader’s breakthrough in sticking to the trade plan. Too often and too easily a trader jumps in to change course and deviate from a pre-determined course of action within a trade – and the result is almost always suboptimal. In fact one of the worst…
Read MoreRound-Up: How Traders Use Trade-Ideas
Here is a round-up of the more useful articles and buzz on how others are using Trade-Ideas in their routine. Filters I Use to Create My Universe of Tradable Stocks http://tradermike.net/2008/09/filters_i_use_to_create_my_universe_of_tradable_stocks/ I was recently asked about how I determine my “universe” of stocks … . To do that I use the following two scans in Trade–Ideas:…
Read MorePut A Go-Getter and A Cleaner on Your Payroll
As helpful a suite of tools like Trade-Ideas is to have on the payroll; generating ideas based on pattern recognition, backtesting those ideas based on the recent market activity, and in some cases automating the next trade, there’s another important ‘player’ to employ on your staff: the cleaner or bookkeeper. StockTickr is an online portfolio…
Read MoreHi, I’m testing out…
Hi, I’m testing out the new technology offered by Jott that allows me to make posts directly to blogger without typing but by simply calling Jott and having my words transcribe directly to a post. listen Powered by Jott
Read MoreHi, I'm testing out…
Hi, I’m testing out the new technology offered by Jott that allows me to make posts directly to blogger without typing but by simply calling Jott and having my words transcribe directly to a post. listen Powered by Jott
Read MoreInstitutional Brokers Teeter, Retail Brokers Innovate
It’s tough to get anything else out about the markets or its players on this solemn day but … … a bright spot exists among the retail brokers (who seem to be in better shape than the institutional ones) with a second broker rolling out event-based backtesting powered by Trade-Ideas. On Friday Scottrade announced a…
Read MoreTrade-Ideas Releases Beta of v2.2 Without Stephen Colbert’s Endorsement
Stephen Colbert hawks his bestseller, I Am America (And So Can You!), with the pronouncement, “When you make the first one this good, you don’t have to write another one.” We agree. He’s talking about his book of course, but it’s just as easy to substitute with the phrase ‘decision-support trading tool‘, right? That’s…
Read MoreThe Perils of Long Term Buy and Hold
Many readers here can say they lived and even traded during the greatest bull market in the history of the stock market. Around every corner held opportunity. Every pullback was another great point to add to positions. Are we in such a pullback now or are we destined to muddle through sideways or declining markets?…
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