In ‘A Recommendation..‘, I wrote a brief outline why Dr. Brett Steenbarger’s “The Daily Trading Coach’ was a must read/have. With the book becoming available on March 23rd, I thought it was an opportune time to write a more personal review. I say personal because rather then review the contents of the whole book, I […]

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The price action in the S&P continues to provide more of the same clues: now is not the time to become overly bearish! We continue to see either:

Below normal range bear conviction bars (opening no lower than the top 1/3 of a day’s range, close no higher than the bottom 1/3 of the day’s range) […]

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I am pleased to announce that Ana Wang has configured a new site to bring to traders   news events and relevant posts.
This is an offshoot of Facebook which is in the form of ‘Become a Fan.’ You need to join Facebook first, if not already a member.
Then  you go to the Facebook icon and click […]

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As the economic crisis continues and deepens, the cries for the regulation of hedge funds grows ever louder: ‘more control to stop the greedy!”.
Let’s put aside emotion and look at facts:

The suspension of redemptions is unforgivable UNLESS the hedgefund manager advised the investor at the time of his investment. In my book, the suspension smacks […]

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I love to read the material from two excellent quant services to which I subscribe:

Quantifiable Edges
Sentiment Trader

Since I am a visual trader i.e. I trade relying on my ‘understanding of the structure of the market’ and verified chart patterns, I find well researched, digital content very useful. On many occasions, their information has provided either […]

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If there is a key concept that leads to trading success, it’s the understanding, integration and application of the Expectancy Return:
(Average Dollar Win x Win Rate) - (Average Dollar LosS x Loss rate)
Where:

A$Win = the average of the dollars won in our winning trades
Win Rate = the total number of winning trades/sum total of all […]

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The present US situation reminds me of the Australian one back in 1972. After 23 years of Liberal (Republican Government), Gough Whitlam led the Australian Labour Party (Democrats) to electoral victory.  Like Obama, Whitlam brought in a whole raft of measures, some of which are in evidence today e.g. Medicare (universal health care) and all […]

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Before tonight’s blog, a couple of short notes:
Firstly to my Greenfaucet readers.
I appreciate that many times, my terms are unique. My problem is this: if I stopped to explain every time I wrote an uncommon word, my blogs would be longer than Ben Hur; and, my usual blog is long enough!
There are a couple of […]

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The Daily Trading Coach - out!
Cross ref:
http://awanginvest.com/?p=1130#comment-7599
March 1, 2009 – 10:30 pm

I am happy to devote a post on this book, first of its kind, by Dr Brett Steenbarger. The title is self-explanatory and here is the full announcement at Traderfeed:
https://www.blogger.com/comment.g?blogID=19505137&postID=8155958020753055720Quote:
My new book, The Daily Trading Coach, was written explicitly as a […]

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