Comparing Systematic and Discretionary Trading In the trading world, traders use diversified strategies and methodologies to achieve their financial objectives. Two of the most prevalent approaches are systematic trading and discretionary trading. But what do these terms mean, and what are their key differences? This blog post will dissect these two trading styles to comprehensively [...]
The Science of Making a Dollar Bill Most of us handle dollar bills daily, but only some think about the intricate process of physically creating them. Have you ever wondered what steps are involved, from the design stage to distribution? Let's look closer at the fascinating science behind making a dollar bill. Design Stage The [...]
The Casino Mindset Professional gamblers and casino owners understand that the key to long-term profitability is approaching their craft with a level-headed, strategic, and disciplined mindset. They don't rely on luck but instead, capitalize on their small edge over their opponents. This same mindset can be applied to futures trading, where traders must make decisions [...]
Title: Money Management Strategies for Futures Traders Author: Nauzer J. Balsara Overview "Money Management Strategies for Futures Traders" is an insightful, comprehensive, and practical guide by the seasoned financial expert Nauzer J. Balsara. With a background in managing trading systems and risk analysis, Balsara brings a wealth of industry knowledge to this book, delivering crucial tips and [...]
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. Anti-Martingale Position Sizing: Exploring Pros and Cons Welcome to our comprehensive exploration of the Anti-Martingale [...]
The Gartley Pattern Patterns greatly impact commodity trading. One particularly interesting pattern that has gained significant attention in the trading world is the Gartley 222 pattern. In today's blog post, we shall explore this unique market pattern's history, characteristics, and application while offering insights into its real-world impact and trading advice. The Origins and Significance [...]
Systematic Advantage #30: Makes it easy to calculate Maximum Favorable Excursion to know when to add to trending positions In trading, Maximum Favorable Excursion (MFE) is an essential tool that allows traders to measure their potential profit from a trade at any point after it was opened. This metric helps gauge the efficiency of a [...]
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. The Golden Ratio: A Journey Through Time and Space "Mathematics is the language with which God has written the universe." [...]
The Goose that Lays Golden Eggs: A Trading Parable In the financial world, wisdom is often found in fables and parables. One such story, 'The Goose that Laid the Golden Eggs,' offers a particularly insightful perspective on trading and investing. This tale speaks to the power of patience, risk management, and guarding against greed regarding [...]
The “Trader's Mindset” micro-blog is the perfect source of inspiration to help you stay focused, determined, and motivated on your trading journey. Adapt or Die Trading is an art form that takes years to master. Many traders seek clear rules or indicators to minimize risk and maximize profit, but the truth is that nothing works [...]
