The Profit Distribution in Trading

By | January 1, 2016

I recently finished reading the book Trading Risk: Enhanced Profitability through Risk Control by Kenneth Grant. It’s not an easy read, and several times I was reminded of this paragraph from Michael Marcus’ interview in Market Wizards: For almost two years, I traded almost nothing but cocoa, because of the information and help I got… Read More »

Diagonal VS Horizontal Trading Patterns

By | December 22, 2015

Over the years I’ve become a bigger and bigger fan of horizontal chart patterns in the detriment of the diagonal ones. It took some time until I was able to articulate to myself why the former are superior to the latter, but now it’s all crystal clear in my mind. In books or on various… Read More »

Remove The Noise From Your Trading

By | December 13, 2015

I kept my business to myself. It was a one-man business, anyhow. It was my head, wasn’t it? Prices either were going the way I doped them out, without any help from friends or partners, or they were going the other way, and nobody could stop them out of kindness to me. I couldn’t see… Read More »

A Key Difference Between Average Traders And Professionals

By | November 22, 2015

First off, let me emphasize that by professional traders I mean people who actually trade, have done so successfully for years or even decades and have the track-records to prove it. Your run-of-the-mill internet marketer selling trading courses, indicators or seminars obviously doesn’t fit the bill. Many people would be inclined to say that intelligence… Read More »