TRUMP, PROZAC, OXYCONTIN and THE USD

THE WEEKLY FX DRIVE THRU INTRODUCTION: Welcome. Almost through the first trading month of the year and I feel progress so far is “one step forwards… two steps back”. As thing …
0 Comments Read more →

Volatility Contraction Strategies

Markets move sharply when they move. If there is a sudden range expansion in a market that has been trading narrowly, human nature is to try and fade that price move. When you get …
0 Comments Read more →

Revisiting the Turtle Traders: Simple and Effective Trend Trading in the 21st Century

Many traders nowadays say that “classic trend-following is dead”, “High frequency trading is the way to go”, “simple methods don’t work because everyone would be rich …
0 Comments Read more →

Guest Post: The Holy Grail

by Terry Macartney Maybe this is it! Eureka! I’ve found it! Dual Opposing Hourly Indicator (DOH) On a one hour chart, look for 2 recent adjacent candles that have a similar body …
0 Comments Read more →

Back-testing vs a Goal & Process Driven Approach to Trading

The idea that we need to back-test, while valid in some cases, often means we develop an obsession with rules. This can get confusing, as a simplified set of rules that can be back …
0 Comments Read more →

Alpha-factor in prop traders

A good interbank spot trader had the capacity to generate $2 million in profits in a good month and whilst a certain percentage of this could be attributed to ‘franchise’ busin …
0 Comments Read more →

When it’s not just about the money…

A highly talented young trader can earn $50k or $200k a month from the comfort of their own surrounds, and remain in complete control of their own destiny. Of course these traders …
0 Comments Read more →

How to Decide Which Trades to Take (and Which to Ignore)

Choose your best trade. It’s a simple idea – and one that is often overlooked. When I tell traders they should only be trading their best ideas, I am normally on the wrong end …
0 Comments Read more →

Demistfying Copy Trading: How to Automatically Copy the Strategies of Professional Traders

The copy trading secret… There is a revolution at hand. Most people don’t realize it, but technology is once again changing the game. If you wanted the services of a profession …
0 Comments Read more →

How to Develop “Conviction” in Your Trading

“The way to build long-term returns is through preservation of capital and home runs.” – Stanley Druckenmiller Perhaps the most dangerous threat to your trading career is the …
0 Comments Read more →