I have received queries asking where I obtain my data for normalised volume.
I have two sources:

For the US Stock Market, I favour Market Volume because it provides intra-day data. There are 3 levels of membership. Costs of subscription for annual rates are: US$429, US$842, US$1057. There is a free trial.
For other instruments I use a […]

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BarroMetrics Views: The Trading Plan II
Yesterday I ended by saying that if I had to learn to trade all over again, I would  start differently. Today I’ll begin by looking at that.
If I had to do it all over again, I’d start with a simple set of four rules:

A buy when the trend changes from […]

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BarrosMetrics Views: The Trading Plan
Trading success depends on the three factors mentioned in the previous blogs:
Winning Psychology x Effective Risk Managment x Written Plan (with an edge)
While I consider a written plan the least important of the three, it nevertheless is a requisite for  success.I place a ‘multiplication’ sign between the elements to highlight that […]

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BarroMetrics Views: ALL Why The Habits of Success are Critical
I call the three essential elements for long-term trading  achievement “Habits of Success”:
Winning, Psychology (60%) x Effective Risk Management (30%) x Written Trading Methodology (that has an edge, 10%) = $UCCE$$
I received a post challenging my view. The author took the position that all that was […]

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BarroMetrics Views: Dr. Janice Dorn, “Why Traders Fail”

Today I was going to comment that part of the success equation on which newbies focus: the trading methodology. Specifically I wanted to  ask the question: what constitutes a robust plan?
But then Dr Janice Dorn’s July1 newsletter hit my mailbox. It’s so good that I want to share […]

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BarroMetrics Views: Trading’s Most Critical Mistakes
I love to teach. My main payoff is the satisfaction I feel when I know I have had the same impact on traders’ results as Peter  Steidlmayer had on mine. At the same time, I take another step towards achieving one of my deepest desires: to leave a positive legacy.
Recently […]

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