By Chuck LeBeau. The outcome of every trade is dependent on the exit. If we enter in a timely fashion and then exit poorly, the trade is likely to be a loss. If our entry happens to be poor but our exit is good we might still salvage a profit. […]
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For over a decade, sophisticated futures and stock traders have used technical trading software to help make trading decisions. Yet, so far, the search for the “Holy Grail” has been elusive. Charting packages leave traders with the task of making “subjective judgments” to arrive at a trading decision. “Black box” […]
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Systematic trading is a popular and potentially profitable way to trade a variety of markets, including stocks, futures, and foreign exchange. In systematic trading, a trading system generates buy and sell signals using a predefined set of trading rules. In many cases, the trading system can be automated so that […]
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This tutorial written and reproduced with permission from Peter Ponzo (Pairs Trading – Part II) As an example, let’s consider a couple of car manufacturers: General Motors and Ford. Over the past five years their weekly stock prices have changed like Figure 1. They tend to move together, eh? […]
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By Ray Barros. It is my belief that successful trading is a function of: – A written trading plan with an edge – Effective Money Management and – Winning Psychology In this essay I shall: 1. Identify the essential element of winning psychology. 2. Identify the personal attributes required. 3. […]
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