The "Trader's Mindset" micro-blog is the perfect source of inspiration to help you stay focused, determined, and motivated on your trading journey. Â Say No To Trade Addiction Research indicates that traders on the verge of making a trade exhibit brain scan similar to drug addicts preparing to use drugs. The study also pointed out [...]
The first publication of the Dow Jones Industrial Average (DJIA), also known as "The Dow," was on May 26, 1896. The DJIA is a stock market index that tracks the performance of 30 large, publicly owned companies trading on the New York Stock Exchange (NYSE) and the NASDAQ. Over the years, it has become one [...]
Last Saturday, I wrote a review of the book Trading with Ichimoku Clouds by Manesh Patel. Following this, one of our clients asked about the origins of the Ichimoku Cloud indicator. As a result, I have decided to create a blog post that delves deeper into the creator of this unique indicator. The Man Behind [...]
Systematic Advantage #7 Allows for testing an idea before it's traded Systematic trading allows traders to evaluate their investment ideas or strategies before deploying them in a real-life trading environment. To do this, the idea or strategy is translated into a set of instructions or algorithms, which are then tested against historical market data. This [...]
The Evolution of Memorial Day: From Solemn Reflection to Shopping Craze Memorial Day, a day meant to honor and remember those who sacrificed their lives in service to their country, has transformed into an opportunity for retailers to promote discounts and sales. A holiday marked by patriotism and solemn reflection now often brings to mind [...]
Last week on our blog, we discussed the Buttonwood Agreement and briefly mentioned William Duer's speculation. One of our Twitter followers has requested further elaboration on Duer's story, so we are happy to oblige. Reckless Speculation: The Downfall of William Duer In high-stakes finance, a few reckless moves can bring down even the most high-profile [...]
The "Trader's Mindset" micro-blog is the perfect source of inspiration to help you stay focused, determined, and motivated on your trading journey. Â Don't Trust The Talking Heads As a trader, avoid watching the news during trading hours. Instead, focus on the chart before understanding any news event's impact. News reporters tend to amplify the [...]
Title: Trading with Ichimoku Clouds Author: Manesh Patel The book, Trading with Ichimoku Clouds is an in-depth and comprehensive guide to understanding and utilizing the Ichimoku Cloud indicator for trading purposes. The indicator, developed by Goichi Hosoda in the 1960s, provides insights into the market's trend, support, and resistance levels, making it possible for traders to make informed decisions. [...]
The "Performance Metrics 101" blog series is geared towards providing traders with the essential evaluation tools they need to assess trading performance accurately. The goal is to provide a complete understanding of these tools, enabling traders to use them effectively. Understanding the RINA Index When evaluating trading performance, numerous metrics are available for traders and [...]
The Technical Analysis 101 blog series is your guide to understanding trading concepts, price patterns, and technical indicators. Every post will focus on a specific topic to expand your knowledge and elevate your trading game. Breakaway Gap Welcome to another exciting edition of our blog! Today, we're diving into the world of technical analysis patterns, [...]
