The "Traders Mindset" micro-blog is the perfect source of inspiration to help you stay focused, determined, and motivated on your trading journey. Â Take Action and Let Go of Expectations Dismiss your expectations and be ready to take action. The markets move without regard for how you feel, whether today, tomorrow, or any other day. [...]
The Flash Crash Meltdown In May 2010, the stock market experienced an infamous event known as the Flash Crash, which resulted in a sudden and dramatic loss of billions of dollars within minutes. Navinder Singh Sarao, a futures trader in London, played a central role in this disaster. Sarao ultimately admitted to attempting to manipulate [...]
I wrote a blog post yesterday about the Contract Codes we use in trading the futures markets. Shortly after publishing the post, a client emailed me, asking which contracts we were trading for our systems in our premium service. I'm excited to share that our website has a dedicated page that lists the precise contract [...]
Each futures contract has an associated code consisting of letters and numerals representing specific details about the contract, such as the delivery month and year. Monthly codes are essential in futures trading, denoting the specific delivery month for the underlying asset, with each letter representing a different month. The codes are as follows: January: F [...]
Systematic Advantage #5 Allows you to evaluate a system to match your personality best Systematic trading enables traders to evaluate and choose systems that match their trading styles and personalities. Since traders have different risk preferences and trading objectives, finding a system that aligns with their goals and fits their unique trading approach is essential. [...]
Auto-Trading Systems: A Comprehensive Analysis of Pros and Cons Automated trading systems, algorithmic trading systems, or trading bots are computer programs that execute trades in financial markets with little or no human intervention. Such systems analyze market data, identify trading opportunities, and execute trades based on pre-established parameters defined by the trader. This report will [...]
The "Traders Mindset" micro-blog is the perfect source of inspiration to help you stay focused, determined, and motivated on your trading journey. Â Take Advantage of Market Volatility with Trading Systems The ups and downs of asset prices in financial markets present both challenges and opportunities for traders. The volatility can either result in substantial [...]
Title: Zero-Sum Game: The Rise of the World's Largest Derivatives Exchange Author: Erika S. Olson In Zero-Sum Game: The Rise of the World's Largest Derivatives Exchange, author Erika S. Olson provides a fascinating account of the history, growth, and significance of the derivatives market. Olson's writing is clear, articulate, and engaging, allowing an easy understanding of [...]
Systematic Advantage #4 Allows for robustness testing Robustness testing is a crucial step in evaluating the effectiveness of a trading system. It involves testing the system's performance under various market conditions and scenarios to ensure it's not over-optimized or reliant on specific conditions. Systematic trading simplifies the process of conducting robustness testing by providing a [...]
In a recent conversation with a client, the topic of natural gas storage came up, and they asked for more information. While I gave them a general explanation, I felt it would be helpful to create a written description that others with similar questions could refer to. Â Natural Gas Storage Natural gas storage in [...]
