Graybox Trading , Trader's Mindset
I wanted to share how I am structuring my discretionary futures trading going forward. In a nutshell, I am shutting down or rather restructuring all of my discretionary futures trading into BeyondBots: Instead of day trading markets in real-time, instead day trade them in the simulator or very low risk micros. However, the core focus […]
Continue readingSerially correlated losses is probably the number one futures account killer. Serially correlated losses has been my Achilles heel. The question is why do they occur? In my case, most serially correlated losses occur when I use a specific style of trading where I try to shoot in multiple contracts without taking virtually heat. I […]
Continue readingGraybox Trading , Trader's Mindset
A question I ask myself is whether or not I can BeyondBot all my trading insights. In order to answer that question, I have to look at primary forms of discretionary trading edge. If you look at discretionary trading edge then it can only come in a few forms: Below is an expert system for […]
Continue readingI wanted to share a simple idea how to shift the odds of anything you want to accomplish in your favor, like trading successfully, without requiring strong belief. First, simply imagine that there are odds on your probability of success– you can think of them like call options on your trading successfully. The call options […]
Continue readingWe know that picking the right market can influence your success. But, here’s a simpler question, does the product you trade determine your probability of success as a trader? Let’s take a look at various products and their pros and cons. The Contenders Stocks I have did very little stock trading. However, if you are […]
Continue readingI note the behaviors over the years that have tended to make me profits and behaviors that have lost me profits. These are the behaviors that have tended to make me profits: Introspecting my internal confidence and carefully weighing it to take my highest confidence ideas. Verbalizing my predictions. Ranking my trade ideas. Honing my […]
Continue readingI made a list of my current best insights to improve my trading: Practice discipline in risk management. Know your maximum acceptable risk per trade, per day, per week. Take advantage of external risk control, as well. A broader scope allows capturing more opportunity. However, it is critical to be even more risk astute and […]
Continue readingThe Indian yogi Sadhguru speaks a lot about how we are products of memory. Disregarding beliefs, it is self-evident that we are largely defined by our memories and should make efforts to be more aware of it. Because if we allow memory to overly define us then we could be limiting ourselves. For example, imagine […]
Continue readingThe E-mini futures are arguably the best products available for trading today. The S&P 500 E-mini ES futures is undoubtedly my favorite trading instrument. However, a single contract is probably too large for a mediocre or average trade and trading several lots demands strict discipline. I think if the S&P 500 E-Micro trades as well […]
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