-
Top 10
- Getting an Edge in Trading
- Day Trading Currencies (part 3 - 1K to 1...
- Trade Management: The Art of Placing Sto...
- Guide for Beginners
- Characterizing Trends
- Breakout Trading
- Automated Trading (Part 2)
- Grid Trading (Part 2 - Bird Watching in ...
- Day Trading Currencies (part 2 - Woodies...
- Grid Trading (Part 1 - Introduction)
- Getting an Edge in Trading
-
Comments
Archive
- Analysis Methods (10)
- Automated trading (2)
- Beginners (4)
- Currency Markets (2)
- General (3)
- Grid Trading (2)
- My Trading Journal (17)
- Off Topic (5)
- Product Reviews (1)
- Psychology (5)
- Trade & Risk Management (6)
- Trading Life (6)
- Trading Methods (5)
-
Search
Jul
19
Grid Trading (Part 2 - Bird Watching in Lion Country)
(2 votes, average: 4.5 out of 5)
Loading ...In a previous posting I covered a bit about the origins of Grid Trading. In this posting I want to go over a discretionary method of Grid trading that is described in Dirk Du Toit’s Bird Watching in Lion Country (BWILC) and is called the “4×1 method”. Read more
Jul
15
Doing the rounds of the Blogs (15 July 2008)
(No Ratings Yet) Loading ...The High Probability Trader has a link back to a video of one of his day trading sessions were he lost more than 30K holding an over leveraged position during an unexpected rate cut by the Fed:
I have seen this one before, it is quite difficult to watch, but just like a car accident - you know should not slow down and watch - but you do anyway.
Jul
15
Week in Review ( 14 July 2008)
(No Ratings Yet) Loading ...Better late than never .. here is my analysis of last week
USD: Last week was dominated by a combination of soaring oil prices and problems with Fannie Mae and Freddie Mac. The market was relieved when Bernanke offered to open the discount window to help bail out Fannie Mae / Freddie Mac. This is essentially a negative result for the US dollar as further problems at Fannie and Freddie would push stocks lower once again, which would trigger another flight to safety out of US dollars. A bailout would essentially double the public debt, risking a downgrade in the US credit rating. Read more
Jul
7
If you have ever read Satyajit Das’s “Traders, Guns and Money” or Noriel Robini’s Blog, you would have seen the subprime debacle coming more than a year in advance. However, Satyajit and Noriel are very much a finance industry insiders, and niether of them really paint subprime in a way that all the average punter can grasp. I was reading Bob Cringely’s blog, and I stumbled upon probably the best layman’s description of the recent subprime debacle: Read more
Jul
5
Week in Review (5 July 2008)
(No Ratings Yet) Loading ...USD: The NFP came close to market expectations (-62k vs. -60k). While overall the number continues to paint a bleak picture, this is mostly priced in at the moment. As a result, the dollar is receiving some support at the moment. Dollar Index: Slow BULLISH trending channel? (beware, commercials are extremely short - so watch for a break below 72 - which would mean an end to the channel and commencement of the bearish flag pattern on the weekly chart). Also watch for home sales this week. Read more