So far in this series, we have looked at biases regarding randomness, which is the tendency people have to seek patterns where none exist and to invent the existence of unjustified causal relationships. Because people attempt to...
Read MoreLast week we looked at the randomness bias, which is the tendency people have to seek patterns where none exist and to invent the existence of unjustified causal relationships. Because people attempt to understand and make order...
Read MoreAt any given instant, over two billion bits of information impinge upon your senses. Yet consciously, we can only process “7 +or – 2 chunks” of information.This tremendous reduction in information necessary to...
Read MoreQ: In setting up your own simulation, it asks for an input on margin, but it doesn’t seem to use it when you run a simulation. Since I’m only trading FX and the Aussie 200 Index, which have 100 to 200% leverage, that...
Read MoreQ: I have saved some money and am looking to invest about $10,000. I just finished reading Trade Your Way to Financial Freedom and I am wondering what my best options are. Because my account size would be very small and my time...
Read MoreQ: I am interested in the ADX technical indicator & have been trying to develop a simple a system based on ADX signals only. I am testing the system on Bund Futures prices. I am using ADX14 and so I need 14 historic prices...
Read MoreQ: 1.When optimizing trading system in Tradestation you buy 100 shares in case of a buy signal, and you sell 100 shares in case of a sell short signal. The position sizing is for each trade 100 shares. Now you can calculate the...
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When you are marching toward some goal, like trading excellence, you might do so by overcoming...
Read MoreIf you think about Peak Performance trading you could look at a market genius and how that person approaches their craft. However, you could also look at a genius from some other area and notice if some of their behavior could...
Read MoreLast week, I raised an interesting idea for you. What would happen if you could just pay attention to what the market is doing right now? What if you could just be totally in the present with no preconceived ideas or biases to...
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