Advanced Trading Psychology Course

...because a few have asked where on the blog they can find info yet I would prefer to keep the blog as a discussion, here is the link to the info on the new self-driven study course. http://traderpsyches.com/selfdirected.php A more complete description and the download of an introduction is available…

Continue Reading

New York Magazine “Professional” Traders

Every now and then someone calls me and asks me to recommend a "prop" firm and now I can just send them to this article - Surfing the Tsunami, New York Mag, Feb 2 issue Evidently this is news to the magazine but from my vantage point, this is no…

Continue Reading

The First Religious Ritual of 2009

...that is always how Fed afternoon strikes me. All of us short-term, high-frequency traders staring at the screens ready at least to watch the fireworks. Sometimes I find myself laughing at 2:14:30 Eastern time. Some of us love it (me) and some of us think it is insane (me too)…

Continue Reading

Catch a bid

I have been wondering since mid-October when they were going to give in and do the basic thing one needs to do to stabilize a market - provide a deep-pocketed bid! In fact, I said it on the Cavuto show and have said many times since, until the Treasury starts…

Continue Reading

Stock Market Psychology & Trading Levels

well they asked.... and yes we are in a bear market i.e. sell the rallies and buy the dips. I hated to sound like a downer but hey, Roubini I am not (although so far.... ) MONEY MATTERS on ABC NEWS NOW Having said that, 900 in the S&P futures…

Continue Reading