Dr. Steenbarger recently posted a comment from Dr. Bruce Hong regarding the “Fight or Flight” adrenaline response that we all feel at some point during trading. I have experienced this many times and likely will do so in the future, and so will almost all traders, especially when situations do not go as expected. Here…
Dr. Steenbarger recently posted two writings/links on how to overcome performance anxiety. After offering previous comments from readers who sent in their own techniques to overcome anxiety in trading, he listed two techniques from his own research/practice, and an additional post on a Solution Focused Linkfest. He writes that self-hypnosis (with a simple, easy to…
Lauriston at the Lauriston Letter recently polled readers to send in their responses regarding what would be the top ten fundamental (or core) trading rules to follow. The responses are compiled here (at this link) and include not only critical insights into the highest probability activities, but insights from traders helping other traders. The Lauriston…
TraderGav (Gavin) posted an excellent resource regarding Risk/Reward and Accuracy. His post describes why it is essential to have an edge in trading, but of particular interest, he provides an Excel Sheet which allows you to input your risk/reward average and play around and see what accuracy rates net what results, given risk/reward. Download the…
Dr. Steenbarger recently issued a call for submission for readers to describe their personal methods for overcoming fears and performance anxiety in trading, and they responded with some wonderful responses. Dr. Brett has arranged these responses in two posts (so far): First Post on Reader Reviews on Performance Anxiety Second Post on Reader Reviews on…
Dr. Brett Steenbarger posted an excellent article and breakdown of average volume (ES – S&P e-Mini) per 15 minutes each day. Not surprisingly, he found that the most active times of day (in terms of volume) were nearest the open and close (creating a data “smile”). He posts a volume chart which is helpful and…
I absolutely use Moving Average analysis in my trading, and – although there are hundreds of articles that address the topic – I found two recent posts in the blog world to be interesting to me. First, let me preface: Moving averages – like every other indicator – “work” because people respond to them, and…
From the Traders Action Zone, the author writes a brief post regarding the TAZ strategy, but of great importance for my focus here is the areas and confluence of different types of strategies and traders all on one chart. Think about how different traders and strategies create the aggregate charts we see. The author (Craig)…
Michelle, guest author at Trader Mike’s site, contributed a summary post of an earlier article (anticipation vs reaction) and also listed four more links to previous posts that are very helpful to newer and experienced traders. She also discusses an interesting paradox in thinking: “Beginner traders are often anxious to do the right thing. They…
If you like newsletters or market predictions, a great site I discovered recently is Carl Futia’s site. Carl Futia obtained a PhD in Mathematical Economics. He uses the Theory of Contrary Opinion and Box Theory (which he describes on his site). He frequently updates futures, including the Nasdaq and S&P. Today, he posted price targets…