Published in April 16th, 2010
BarroMetrics Views: Questions on MIDAs and ‘3 Drives’
Simon EB asks:
“does the midas method that you use as part of your arsenal work well on intraday charts, i.e SPs and futures etc?”
MIDAS is an anchored moving average with a volume component (For a full description of MIDAS, see ‘Freestuff‘ on my website).
MIDAS was created by […]
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Published in April 15th, 2010
BarroMetrics Views: The Certainty of Change
“Certainty? In this world nothing is certain but death and taxes”. (Benjamin Franklin).
I disagree: there is one other certainty - the certainty of change.
I am not the man I was 2 years ago:
My right hip is no longer my own
I may soon be in need of a ‘bionic ear’ […]
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Published in April 14th, 2010
I have just been asked to write a short blog as our mentor has a ‘hearing case’!
He just realized that instead of taking 1 tablet every 4 hours, this is his gaffe.
Quote:
One of the tablets is Zovirax which I am supposed to take ONE every 4 fours. Instead today, I took 4 every four […]
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Published in April 12th, 2010
Ross L asked:
“I have been following your blog for close to a year. I have a short position on the Euro/Usd trade. I shorted on the 1.4252 level on 5th of jan 2010, based on my analysis of a sideways range from the 12M, 13W and 18D. The trading timeframe i’m in is 18D, thus […]
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Published in April 11th, 2010
I am making a request for readers not to send long e-mails requesting specific advice on what to do. Let me be blunt, if you do, you won’t get a reply. I’ll be happy to answer questions posed on this blog where:
they are a short question or
are about a blog post or
are about a […]
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Published in April 9th, 2010
BarroMetrics Views: The Education of a Trader (4)
And now we come to the trading plan. This is what most focus on; yet for me while a robust plan is essential, the focus is over-the-top. If you have never made money, then looking for the best-wham-bam plan probably is a waste of time. It would be […]
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Published in April 9th, 2010
BarroMetrics Views: The Education of a Trader (3)
So far I have been considering the ‘how’; I am answering the question, ‘how I acquire the knowledge I need’? In this blog, I want to turn to the ‘what’?.
Most of us have heard and read that success depends on acquiring the know-how to construct a set of […]
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Published in April 8th, 2010
CNBC Cashflow videos:
Ray with Sri
Ray with Chloe
Ray with Adam
Adam Worthington, associate director and head of utilities & coal, Asia at Macquarie Securities talks with Ray Barros, CEO of Ray Barros Trading Group and CNBC’s Chloe Cho & Sri Jegarajah. They discuss coking coal and the mining […]
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Published in April 7th, 2010
BarroMetrics Views: The Education of a Trader (2)
In this blog I want to consider what a trader needs to know for success.
Before reading on, ask yourself this question: what is the first thing I must know to succeed? What did you say?
A set of trading rules?
How to be disciplined?
A risk management plan?
90% of those asked […]
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Published in April 6th, 2010
BarroMetrics Views: The Education of a Trader (1)
I’ll be doing a series of blogs on what education is needed to give a newbie the best chance of success. In this blog, I’ll address the question: ’should I get a coach?’.
In any field, except that of trading and Internet marketing, this question would not even be […]
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