Archive for February, 2008
Friday, February 15th, 2008
Rob Nicholas’ USDJPY
First off a big thank you for all who purchased my book. Snap-scan has the book at number 1 best seller for the week!
http://www.snap-scan.com/us_bk.html?p_keywords=nature+of+trend
Thank you all!
Rob Nicholas <rob-nicholas@cox.net> asked me to comment on a proposed trade. Now I don’t have an advisor’s license so I am not commenting on his proposed trade but as […]
13 Comments » - Posted in Miscellaneous by ray
Thursday, February 14th, 2008
Position Sizing 2
Yesterday we defined our subjective risk thresholds. Today we’ll look at the metrics - the objective approach to defining them.
There are certain key numbers that I collect from my equity journal. Remember that while I will be speaking in terms of ‘dollars’, I also collect the numbers for ‘% of initiating price’ (see The Art […]
4 Comments » - Posted in Money Management by ray
Wednesday, February 13th, 2008
Position Sizing 1
Thanks to all who put pen to paper yesterday. My purpose was to make clear my reasons for writing and I am happy so many share them with me.
In this series, I’d like to talk about position sizing and suggest certain formulas.
Position sizing is part of the Money Management factor in the factors for trading […]
2 Comments » - Posted in Money Management by ray
Tuesday, February 12th, 2008
Feed Fish or Teach to Fish?
Once a month I check the analytics for this site. The last time I checked on January 22, we had hit an all time high for visitors. But since then, the numbers have been moving directionally down in a big way!
I couldn’t understand why until I checked the topics. I found that the peak was […]
14 Comments » - Posted in Miscellaneous by ray
Monday, February 11th, 2008
Why Won’t the Market Reach My Sell Zones?
Raymond of raymond9@gmail.com posed this question:
“Ray I am reading your blog and having hard time understanding IPM. Looking at current S&P as end of last Friday feb 8, i understand the trend is down and will break the last low at 1272. Question is: I want to short but I am waiting it at least […]
1 Comment » - Posted in Written Plan by ray
Friday, February 8th, 2008
SP Intraday 4
In this post, I’ll conclude the series on the Market Profile analysis.
Yesterday I wrote in relation to the Directional move from the ‘E’ period on Feb 6:
“Is the move from ‘E’ the start of a new Initial Price Movement down or part of a rotational process?
If a new Initial Price Movement, are we likely to […]