Author Archive
Friday, November 7th, 2008
The Nature of Focus II
Tonight, continuing from yesterday’s blog, I want first to look at the elements of ‘relaxed’ focus.
We start by asking: in trading what causes our anxiety? The answer is our emotional response to price action. If we view price action as a threat rather than as a source of information, anxiety arises, and we […]
1 Comment » - Posted in Psychology by ray
Thursday, November 6th, 2008
The Nature of Focus I
A conversation today led me to think about focus. A friend asked me:
“How can you bear to stand aside from the markets?! Look at the opportunities offered by the current volatility!”
I told him I found it easy because my first focus was to preserve my capital; my second focus was to execute consistently; and only […]
3 Comments » - Posted in Psychology by ray
Wednesday, November 5th, 2008
Pot-pourri 011-05-2008
Today I’d like firstly to answer a question from Jon Bailey. Jon asked why I wrote in my blog of Nov 3 : “It would be very bearish if the market breaks below 839 without reaching 1044 to 1018″.
This idea comes from an inference from Market Profile ideas. Sideways markets rotate high-to-low-to-high-to-low etc. An […]
1 Comment » - Posted in Miscellaneous by ray
Tuesday, November 4th, 2008
The Reality of a Recession/Deflation
In my recent Australian tour, one fact was brought home. The current recession will go far beyond the trading world. Many of my friends had their retirement funds frozen as a result of the Rudd’s government inability to think things through.
In HK, some of my friends have lost their jobs and in Singapore many a […]
2 Comments » - Posted in Miscellaneous by ray
Monday, November 3rd, 2008
I’m Back! ES 11-03-2008
Well folks, I’m back. A word of thanks is called for.
Thanks to those who have kept visiting the blog despite my failing to post for a few days.
Thanks to those who noticed I had not been writing my blog and wrote in to enquire if all was well.
Thanks to my friends who have been supportive.
The […]
6 Comments » - Posted in Market Commentaries by ray
Monday, October 27th, 2008
Apologies
You will have noticed that I did not write my blog for Thursday and Friday last week. Apart from my schedule, a turn of events in my personal life will mean that my first entry resuming the blog will be on Thursday Oct 30.
My apologies to all my readers.
Bookmark to:
3 Comments » - Posted in Miscellaneous by ray
Thursday, October 23rd, 2008
Australian Tour
I am currently in Australia touring its various citi