Reproduced with permission Brett Steenbarger Writings on the psychology of trading commonly view emotional conflicts and reaction patterns as impediments to successful trading. Accordingly, they advocate various therapeutic and self-improvement exercises to remove these obstacles. In this article, I propose a very different perspective: trading as a military activity, rather […]
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The idea behind fixed fractional position sizing is that you base the number of contracts or shares on the risk of the trade. Fixed fractional position sizing is also known as fixed risk position sizing because it risks the same percentage or fraction of account equity on each trade. For […]
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WITH THE ADVENT OF MICROCOMPUTERS A DECADE AGO, the window of opportunity opened for individual futures traders to design and test technical trading systems. Initially, only those traders who were also proficient programmers could do so, since the early trading software was neither very elegant nor user-friendly. At first, two […]
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By Ryan Jones – 2001 Abstract / Introduction: We live in an age that is dominated by the “I know what I want and I want it now” attitude. It is a time of fast food and quick fixes. A time of self before everything and Me! Me! Me! A rat […]
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By James Smithson Abstract / Introduction: William D. Gann (1878 to 1955) was an outstanding technical analyst. He was also a prolific teacher of how to make speculation a profitable profession, writing some seven books and producing two courses on trading the stock and commodity markets. However, Gann’s superlative skill […]
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