BarroMetrics Views: The SCARF MODEL
On Thursday this week. I began a course for coaches run by  Results Coaching Systems. The content is the subject matter of David Rock who has authored several books e.g. Your Brain At Work. Dave is a pioneer in making public the results of neurological research; based on that research, one […]

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BarroMetrics Views: The Power of Observation
Many moons ago while watching Pete Steidlmayer trade at his Market Profile boot camp, I was struck by Pete’s observation of price action nuances. What appeared to be the same pattern would mean different things under different contexts. And when I asked Pete about it, I’d get an answer that […]

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BarroMetrics Views: An Interesting Encounter
I had an interesting encounter today. I met a trader with six years trading experience and one year of profitable results. In the course of our conversation, she mentioned she taught that the ideal trade is the momentum trade wherein there is no loss from entry and one that proceeds to […]

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BarroMetrics Views: Trading and Stress
Trading successfully is as much a matter of feeling as it is about reason and logic.One of the major reasons I like Denise Shull’s material is because she brings to the trading arena information that few others talk about.
D’Amasio and others have shown that we make our best decisions when our […]

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BarroMetrics Views: The Coach and the Quarterback
For today’s blog I have taken an analogy from Denise Shull that represents the co-operation between the left and right brain when it comes to executing a trade.
The Coach prepares for the trade - just as the Coach prepares for the Friday’s night football game. In that preparation, the […]

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BarroMetrics Views: Whatever It Takes (2)
A phrase in ‘Name of  Honour‘ (Richard North Patterson) caught my eye. The hero, Captain Paul Terry ( a member of JAG) is asked by the heroine, Meg McCarran: “Why do you think you are so successful”?
He replies: “Simple, I hate losing….Since the age of thirteen, no one has given […]

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BarroMetrics Views: The Four Rooms of Change
In Brilliant Decision Making, Robbie Steinhouse provides a modified Claes Janssen’s Four Rooms of Change, called Change House. There is some controversy about Change House Theory - see http://www.andolin.com/fourrooms/en/about-the-change-house/index.shtml
Claes’ model is in Figure 1 and Robbie’s model in Figure 2. Robbie’s model speaks to me. His ‘Room of Contentment’ […]

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BarroMetrics Views: Ebb & Flow Management II
Last night in the S&P provided an great example of what I was referring to in my previous blog.
I was looking for the S&P to hit a minimum target at 1037 to 1019 with a preferred target at 1019 to 1025. This meant that as far as Maximum Extension […]

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BarroMetrics Views: Ebb & Flow Management
The past two months have been great for my bottom line. In my personal trading and fund management, I had a good return in April and May is the best month in 30-years of trading. Yet on Wednesday, I cut all my open positions, even though I believed the positions […]

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BarroMetrics Views: Unrealistic Expectations
Here’s a bonus blog. On May 15, at the Grand Hyatt, Singapore, I said that there were two main barriers that prevent a ‘Beginner’ from attaining success:

Unrealistic expectations and
Denial

I should explain that for me a ‘Beginner’ is someone who has been unable to attain trading success despite a number of years in […]

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