Afraid to Trade:
SPY Forms Interesting Intraday Trend Channel May 19
Bespoke:
Not Everything is Bad Out There
Oil to Natural Gas Ratio Comes In
Worst Earnings Season in at Least a Decade for Stocks
Sector Breakdown of Earnings Day Performance
CXO:
Does Volatility Selectively Filter Good and Bad Days?
Bubbles: Ride, Watch or Play the Pop?
David Fry:
Markets in Turmoil: Dave's Daily
Market Sci:
The Golden Cross: Daily vs Weekly vs Monthly
Quantifiable Edges:
From1% Up Intraday to 1% Down Close
SMB:
Sectors and Money Flows Revisted
The Big Report:
What’s Up with Goldman Sachs?
1987 Redux: Impossible or Likely?
National Debt by President
NASDAQ Cumulative Volume Trends Negative
The Kirk Report:
Excellent read!
Stubborn Determination & Confidence
Vix and More:
Chart of the week
Volatility and Wide-Range Days with Neutral Closes
2 comments:
ALSITRADER, how do you remain confident in your trading when there is such enormous swings. The pressures and emotions are high and could cloud ones state of mind. How do you handle it?
Hello James and thank you for the excellent question. I am prepared to lose money that I am trading with and I am confident in my system and tools I use to measure health of the system. Of course, there is never ending development and learning process and I am trying to work as much as I can on all aspects of my trading – system development, money management, risk management, system design, networking, etc. Simply, I don't know any other way to trade. What happens to lawyer who starts to improvise or what happens to pilot who in the mid of stormy weather doesn't follow the rules of the business, but starts to improvise and starts to follow gut feelings and does everything he was not trained to do? Trading is performance field and difficulties are just a part of business operation. Sometimes is easy, sometimes it is not, but one has to remain true to one's capital, previous work and all the efforts one invests in trading as endeavor/profession.
Hope this helps.
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