Posts Tagged ‘trade ideas’
Find and Adopt Dead Cat and Bow-wow Trading Patterns
If you’re not a regular reader of The Kirk Report, you’re missing market commentary from a trading veteran who’s concise and straightforward about market activity – he’s also got a fun streak of cynicism as it relates to the mainstream financial publications like Barrons et al. I got hooked on Kirk’s site by the lists…
Read MoreUse the Latest Trade-Ideas Automated Trading Tools for Free – Deep Dish Style
I just came back from Chicago with some good news for everyone. First if haven’t experienced Chicago in the summer, the good news is you’re guaranteed a fun, good time – no matter who’s paying the bar tab. Second as I mentioned in an earlier post, we are moving forward with optionsXpress to build an…
Read MoreAutomation Does Not Equal Profitability – Pt. 2
Here’s the second part of a 2-part post on the questions we are answering about the upcoming option to automate the strategies developed in Trade-Ideas PRO and backtested with position management rules in The Odds Maker. Yesterday’s answers are here. Why this matters By sharing these questions and answers with you, dear reader, you are…
Read MoreAutomation Does Not Equal Profitability – Pt. 1
Automation of the Trade-Ideas set-ups and backtested position management rules within The Odds Maker is in beta now with our key partners. More details like screen shots and how it all works are coming. In a nutshell if you know how to use The Odds Maker, you will know how to use the automation tool…
Read MoreStrategy Examples of 10 Trading Principles
What a prize. I don’t have the occasion to tie in as many revelant, organized links from our content as I do today. Yesterday Dr. Brett Steenbarger of TraderFeed put together a list of 10 Principles of Short-Term Trading. Notice how articulate Dr. Brett is with his plain English description of ideal trading patterns? Quite…
Read More4 Steps to Get the Jargon Out of Your Strategy
We were recently asked by Technical Analysis of Stocks & Commodities magazine (a review of our event-based backtesting tool The Odds Maker appears in the July 2007 issue) what’s the biggest stumbling block faced by new users when trying to work with The Odds Maker. We answer the question below. How Jargon Harms Learning The…
Read MoreWhat to Do When You’re Suspicious of Low Volume Rises in the Market
TraderMike’s commentary on the markets yesterday included this observation, “I’m always suspicious of low volume rises and this time is no different, especially for the S&P 500 which has been making lower highs and lower lows for the last month or so.” I agree. In fact we’ve created a couple of strategies in Trade-Ideas that…
Read MoreA Nation of Laws, Not Men – Good Idea for a Trading Plan
On this Independence Day it’s important to remember one of the most important differentiating characteristics of our nation from others past and present: We are a nation of laws, not men. We celebrate the fourth in my mind as reminder that our freedoms rest not on the whims of one man’s behavior but on laws…
Read MorePlay Both Sides of the Fed Decision
In light of the Fed decision, I am posting links to some of our previous Strategy Sessions that work best when the market is about to absorb key information: The Fed Watcher – uses the unusual number of prints trigger to pinpoint key activity and incorporates some advice dished by TheKirkReport and Toni Hansen; the…
Read MoreDoes Your Trading Plan Benefit from Continuing Education?
After the Traders Expo in San Diego finished this past weekend, I asked several members of our team what their impressions were and how things went. Traders are not like CPAs, but in one regard they should be One reason I think it’s important to share these thoughts is to help you judge whether or…
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