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Showing posts from July, 2016

How to Evaluate and Improve Yourself as a Trader

Physicians are taught that diagnosis precedes treatment:  you have to identify and understand a problem before you prescribe medications or initiate procedures.  Many symptoms can have multiple underlying causes.  Is an abdominal pain related to an ulcer, might it reflect an inflammatory bowel condition, or might it be an early sign of appendicitis?  Location matters.  Type of pain matters.  Timing of the pain matters.  Before you initiate treatment, you gather information:  a history and physical, blood tests, imaging studies.  Only after thorough evaluation do you intervene.  That is because treatments themselves carry risks.  Physicians know that their job is to "above all else, do no harm."  If you don't understand a problem, don't begin surgery; don't prescribe a medication with side effects. The process of evaluating and gathering information before taking action is very relevant for traders.  When we act as our own trading coaches, in a sense we act as our

Three Questions to Ask About Your Trading Psychology

A little while ago, I wrote on the topic of three questions to ask about any market .  That post became far and away the most popular post in TraderFeed's 10+ years online.  That was followed by a post on three questions to ask about your trading .  All too often, we turn to psychology for answers when the stark reality is that our distress and frustration are caused by poor trading practices.   In this final post in the series, we'll take a look at three questions to ask about yourself and your capacity for peak performance.  How we manage life outside of trading plays a central role in how we perform as traders.  Think of it this way:  all of life is practice for performance .  Our approaches to life's challenges inevitably shape our approaches to the challenges of markets.  How we handle risk and opportunity in life impact our handling of losses and gains in markets--and the reverse is true.  Successful people build successful habit patterns, which means that personal li

Does the chunk argument trump the plagiarism allegations?

Photo by  Marc Nozell  via Flickr [ CC BY 2.0 ] One of the hottest news this week has been Melania Trumps’ allegedly plagiarized speech. Why allegedly? Because although Donald Trump’s wife address at the 2016 Republican Convention bears marked similarities to Michele Obama’s speech at the 2008 Democratic Convention, there is not much in it that would effectively constitute stealing in the linguistic sense. In the last 30 years, corpus research (study of language through samples of 'real world' text) has shown that language is highly formulaic, i.e. consisting of recurring strings of words, otherwise known as “chunks”. What makes them chunks is the fact that they are stored in and retrieved from memory as ‘wholes’ rather than generated on a word-by-word basis at the moment of language production.  Pub lic speeches are a prime example of formulaicity in language in that they consist of conventionalised routines; some of these are very fixed, highly probable combinations whose con

Rationality: The Source Of All Trading Success

This will not be the most popular post I'll ever write about trading psychology, but I believe it's my best and certainly my most heartfelt .   Gut feel without understanding leads to the trading of randomness. Backtesting without understanding leads to the trading of randomness. Nothing substitutes for a reasoned understanding of how markets behave and a disciplined execution of trades that reflect that understanding. I hope this post points the way to your shining success as a trader or at least convinces you to pursue your shining success elsewhere. Brett  

Three Questions to Ask About Your Trading

I recently wrote the post on three questions to ask about any market .  That has turned out to be the most popular post to TraderFeed ever, which says something given 10+ years of the blog's existence.  My sense is that people recognize that there is much more to understanding markets than trading off the latest headlines or chart patterns.  The "three questions" post is an attempt to distill markets to their essence and provide a framework for thinking the meaning of market behavior. Similarly, people recognize that there is much more to trading psychology than keeping their heads on straight.  The three questions to ask about any market follow from a core recognition:  that markets represent auction processes.  Once you focus on market behavior as the result of bidding and offering in a real time auction process, you can ask those three relevant questions. The three questions to ask about your trading also follow from a core recognition:  trading is a creative process.

Lokasi Legendary Pokemon Go Di Jakarta Google Maps

Membahas kembali tentang Pokemon Go yang lagi booming di mancanegara ini , sebelumnya saya membahasa tentang Cara Mudah Bermain Pokemon Go Di PC Tanpa Jalan Kaki , Nah kali ini saya akan membahas bagaimana cara mendapatkan pokemon legend ataupun rare di pokemon go khusus di daerah sekitar jakarta kita akan menemukan berbagaimacam pokemon legend yang akan kita dapatkan dengan cara hack lokasi

Daftar Semua Legendary (Rare) Pokemon Go Dan Nama Pokemon

Kembali lagi bersama saya, Saya akan membahas kembali tentang Pokemon Go, dikarenakan sekarang lagi musimnya permainan Pokemon Go yang melanda negara kita maupun negara orang lain pastinya anda menginginkan mendapatkan pokemon legendary tetapi tidak mengetahui nama pokemon itu maupun bentuk atau jenis pokemon yang ingin anda dapatkan untuk menjadi koleksi anda maupun untuk menjadi kebanggaan

Daily Funny Pic Dump. (24 Pics)

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Daily Funny Pic Dump. (24 Pics). Part 2

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Chord Gitar Once Mekel - Abadi Untukmu

ABADI UNTUKMU By : ONCE MEKEL Intro : G Em G Em C Cm G G D/F# A/C# Beriku keheningan C Bm A maka aku akan taklukkan malam G D/F# Em lalu temani dirimu Am D melintasi dingin dan sepi G D/F# A/C# ketika hujan mereda C Bm A ku kan datang dalam busur pelangi G D/F# Em memberimu kehangatan Am D G dalam butiran embun pagi Chorus : Em Bm Em C G tak ada yang mampu gantikan cintaku Am D G aku kan selalu abadi untukmu Em Bm Em D A/C# biar langit bumi semuanya berlalu Am D G aku kan tetap abadi untukmu G D/F# A/C# meski terus kau ingkari C Bm A ku kan ada di setiap hela nafasmu G D/F# Em memberimu kehangatan A C aku tak pernah jauh darimu G D/F# A/C# saat mimpi merapuh C Bm Am dan harapan semakin

Chord Gitar Musikimia - Bertahan Untukmu

BERTAHAN UNTUKMU By : MUSIKIMIA Intro : G Bm C G 2x G saat aku jauh dari dirimu Dm Am membelah langit membelah lautan C adakah engkau mendengar D G lagu rindu yang kutulis untukmu G betapa jarak waktu memaksa kita Dm Am memaknai sebuah kata rindu C adakah engkau mendengar D G doa-doaku di ruang batinmu Chorus : Bm C G aku akan bertahan untukmu Bm C G menjaga semua janji ini Bm C G doakan aku cepat kembali Am Bm kan ku bawa sebentuk hati yang penuh dengan cinta C D hanya untuk dirimu intro : G Bm C G 2x G ku titipkan engkau pada pemilik jiwa Dm Am karena ku yakin dia kan menjaga C asa yang aku tinggalkan D G pada lingkar janji kehormatanmu Chorus : Bm C G aku akan bertahan untukmu Bm C G menjaga semu

Cara Membuat Blog Mudah Terbaru Dan Buat Artikel

Kini sudah banyak sekali orang yang sudah memiliki Blog/Blogger sendiri sebagai blog pribadi maupun membuat blog yang mengasilkan uang, Cara membuat blogspot, kini sudah hampir pudar blog yang hanya berisi artikel curahan hati, sesuai dengan perkembangan jaman kini blog juga dapat membantu anda mencari uang dengan mudah tetapi harus perlu usaha juga untuk memulai hal ini, banyak orang yang

A Systematic Approach to Discretionary Trading

There's a lot to be said for wandering.  Pick a promising area, wander about, and you can discover quite a bit.  Discovery is all about open eyes and open minds.   Here's how I've been wandering through markets lately: Speaking with trading and investment professionals, particularly in the quant world, I've been struck by the fact that the models they employ to guide their decisions are not the kind of models we typically read about in trading texts.  There are no technical indicators or chart patterns in their inputs.  Nor are there any inputs pertaining to company earnings, economic growth, upcoming central bank meetings, or geopolitical events.  Rather, returns from markets are broken down into basic "factors", such as momentum/trend, volatility, value, and carry, with models designed to capture these factor-generated returns.   A discretionary trader might justify trading a trend following method or a mean-reversion/reversal method based on his or her &quo

Cara Mudah Main Pokemon Go Di Laptop Komputer (PC)

Pokemon Go merupakan suatu yang muncul di tahun tahun ini dan termasuk games android yang sangat popular di seluruh negara terutama di indonesia games pokemon go ini sangat di minati oleh warna negara kita tersendiri , banyak yang memainkan game ini dari mulai anak-anak, remaja, laki laki, perempuan, maupun orang dewasa kini sedang di gandrumi oleh semua kalangan , mungkin mengembalikan kenangan

Trading Psychology for the Experienced Trader

A problem with much of the theory and practice of trading psychology is that it is grounded on the experience (and issues) of retail traders and relative newcomers to markets.  I suppose that's inevitable, as a sizable proportion of writers and practitioners have not actively traded themselves and many have not routinely worked with trading and investment professionals.  A result of this limitation is that much of trading psychology focuses on such issues as controlling one's emotions and following a defined process.  Those are important issues to be sure.  But limiting trading psychology to those is like limiting the coaching of baseball to holding a bat properly and getting in front of ground balls before fielding them.  Great stuff for the noobs, but not exactly what the experienced, successful folks are working on. Here are a few areas of trading psychology that I find to be of much more relevance to traders well along their developmental paths: 1)  The cognitive side of tr

The L in ELT

A report from the International ETAI Conference "Engage Enhance Energize" which took place in Ashkelon, Israel, between 4 and 6 July 2016 When Naomi Epstein asked everyone who was planning to attend and present at ETAI 2014 Summer conference to sum up their teaching career and life in seven words, I wrote “Let’s put the L back in ELT” as my 7-word bio . Nobody seemed to mind or make a big deal. This is unlike LexicalLab 's similar-sounding strap-line "Putting the Language back into Language Teaching" which has drawn criticism from some who found it arrogant and insulting.   This year’s International ETAI conference  really put Language back into ELT. It was truly one of the best ELT conferences I’ve ever been to (but then I’m biased because I was one of the conveners). With a wide variety of talks, workshops, forums and symposia, the topics ranged from energizing Business English students with exciting activities to promoting learner engagement through literatu

Three Questions to Ask About Any Market

The answers we find in markets are dependent upon the questions we ask.  Here are three important questions to ask each trading day: 1)  Who is in the market? - If I want to play poker at the casino, I'll watch the tables for a while.  I want to get a sense for who is playing, because that will help determine if I play and how I'll play.  If I want to play in a chess tournament, I'll study the past games of my opponents and calibrate my play accordingly.  If I draw a team as a first round opponent in the NCAA basketball tournament, I'll want to watch film of that team and figure out how to set my offense and defense.  It's no different in markets.  We want to figure out who is trading, who we can potentially profit from.  I trade the ES futures.  For each half hour of the day, I know the expectable volume and the average variability around that level.  I know that we can usually expect twice as much volume at the 10 AM period as at the 11:30 AM period, but with onl

Taking Your Trading to the Next Level

Friday was an interesting day for me in the market.  It captured a lot of what I've been doing right as a trader and a lot of what I still need to accomplish.  As I shared with several colleagues, my cycle work has been looking toppy.  During the recent market strength, sector participation has been uneven.  Yield-sensitive shares have rocketed to new highs, while many others have lagged.  Banking shares, in particular, have looked weak.  All of that meant that I went into the day leaning to the short side.  Given an important jobs number coming out, however, I took no position into the event.  The number was uber-strong, the market rocketed higher, and trended higher for most the session. In the past, I would have traded my bearish view, hit my stop, and taken my loss.  In my recent trading, I don't take a trade unless everything lines up.  The tape action contradicted my cycle view and I stood aside before the number--and after the number.  I never traded.  I finished the wee