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Why Trading Well Has Little To Do With Money | How of Trading

http://howoftrading.com/why-trading-well-has-little-to-do-with-money/ Have you ever wondered: what is trading really all about? At first glance, the answer is obvious: make money. Everyone involved in financial markets can agree on that much.
Hello fellow traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 28th of March As a special treat to Trader’s Blog readers, Ron Ianieri is offering you an in-depth look at how to optimize the ABC charting formation. The ABC Charting Formation is one of the most basic and frequently occurring charting patterns that exist.

MarketClub Trader’s Blog

http://club.ino.com/trading/

Mark Minervini Interview

Market Wizard Mark Minervini answers my questions. 1. You often say the individual investor/trader has a great advantage over the Professional manager. http://stockbee.blogspot.com/2011/04/my-interview-with-mark-minervini.html
http://tradingacademy.com/free-resources/Webcasts.aspx We at Online Trading Academy are happy to bring you not only our high quality newsletters, but also additional interactive ways for you to further your trading education. Check out this list of recorded education below and take another step in trading education! If you are interested in attending upcoming webinars live, please visit the Events page .

Webcasts and Recordings

http://systematicrelativestrength.com/2011/11/11/the-path-of-least-emotional-resistance/ We all want to feel good about ourselves. As a result, humans have a strong bias toward structuring their emotional environment to preserve their self-esteem . We attempt to maximize the perception of good decisions and to minimize the impact of poor decisions.

The Path of Least Emotional Resistance « Systematic Relative Strength

http://joefahmy.com/ While going over my screens this weekend, I found very few quality setups. I wouldn’t be surprised to see a 3-5% pullback over the next few weeks. If that happens, it could provide secondary entries for many stocks that broke out earlier this year. A small pullback would be healthy overall, and as long as it occurs on lower volume, the uptrend would still be intact…we shall see. Enjoy the video!

Joe Fahmy

investing-speculation

Finance-Stocks-Options

In Livevol's newest round of software updates, they've launched yet another groundbreaking tool for option traders. While perhaps not as revolutionary as their 3D Skew feature, the new volatility comparison charts still offer some exciting possibilities. Though there are numerous sources you can go to that offer the ability to compare historical and implied volatility for the same security, I'm not aware of any, save Livevol, who offer the ability to perform relative comparisons on the implied volatility of different securities. While it's true you could view multiple volatility charts side-by-side or one after the after the other to make relative comparisons, Livevol has taken it a step further allowing users the ability to overlay vol charts from several different securities simultaneously. Consider the following chart comparing the 30 day implied volatility of RIMM versus the SPY (click image to enlarge).

Tyler's Trading

http://tylerstrading.blogspot.com/

How much should I stake - Kelly's strategy

http://www.probabilitytheory.info/content/item/12-how-much-should-i-stake-kellys-strategy The answer to this question has quite surprisingly been around for ages though it is discussed, analysed and refined often. Named after its author, John L Kelly Jr, if was first published in 1956. Quite simply, the strategy enables you to find the answer to a question that is common amongst speculators and gamblers. If you have a bank of X, how much should you stake on each occasion to maximise your gain but minimise your loss so that in the long run you can perpetually increase your wealth! Kelly considered the strategy of betting a fixed fraction of the bank on each occasion. In a favourable game, your fortune ought to grow exponentially, like compound interest.
http://dragonflycap.com/2010/12/09/hunting-head-and-shoulders-can-lead-to-dismembered-traders/

Hunting Head and Shoulders can Lead to Decapitated Traders Dragonfly Capital

I have spotted a lot of potential Head and Shoulders patterns in the broad market and individual names the past couple of weeks. If you are not familiar with it a definition can be found in Investopedia . But you already know this pattern, right, everybody does.

SNIPER LESSONS - Traders' Library Blog

http://blog.traderslibrary.com/traders-library/2011/02/are-you-.html One of the trader’s biggest psychological barriers to overcome is over trading. Of course, over trading is relative depending on the type of trader you are and the time frame(s) used to make trading decisions. However, if you have a well formulated trading plan, you will know from past experience when you are walking the line between planned trading and over trading. The underlying cause of over trading is purely a lack of confidence either in yourself and/or your system. If you truly believe that your trading strategy provides X number of high probability set-ups over X number of days, then why would you waste your energy (and capital) taking high risk, low probability trades?