… from the greatest trader ever! In the early part of the 20th century, Jesse Livermore was the most successful (and most feared) stock trader on Wall Street. He called the stock market crash of 1907 and once made $3 million in a single day. In 1929, Livermore went short […]
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This tutorial written and reproduced with permission from Peter Ponzo Kiyosi Ito studied mathematics in the Faculty of Science of the Imperial University of Tokyo, graduating in 1938. In the 1940s he wrote several papers on Stochastic Processes and, in particular, developed what is now called Ito Calculus. I haven’t […]
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Is there order in the markets? Are there definable chart formations that form the basic building blocks of price action? Yes, I believe there are, and I am happy to share them with you. I discovered them many years ago, over time and through the use of statistics. Three basic […]
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Position sizing is a calculation which determines the optimal amount of units to purchase. Position sizing is a little known concept amongst the majority of traders and investors and yet it often has dramatic effects on the overall performance. As an example, it has been statistically proven that a random entry […]
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By Peter Steidlmayer, Ted Hearne 1994 Abstract / Introduction: In the past several decades, a fundamental change has taken place in the commodities markets. The industry has expanded the application of the futures concept to more products and derivatives such as options and indexes, and consequently, the influx of capital […]
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