For many decades traders and analysts have been studying the market in the context of bull/bear or greed/fear.  However, the current proliferation of High Frequency Trading systems (EAs etc..) is challenging us to shift our paradigm from the traditional ways of analyzing the market to a more ‘scientific’ approach. A couple weeks ago I posted a blog about The Opportunistic Trader which got me…

This is a continuation of my previous blog Preparing for the Unexpected in Trading.  I did not dare include this part, because I knew most traders would have a good feeling about their trades early this week (news were coming out).  But this is end of the week and it's time for a reality check! 

1)      In Sun Tzu, The Art of War, it says “every battle is won even…

With a slew of important economic news coming out this week, most traders are optimistic and are expecting to generate profits in their account based on their trading plan and strategies. But in reality, most traders will end up losing.  This hard fact reminds me of one of Mike Tyson’s famous quotes, “Everybody has a plan ‘till they get punched in the face”, which speaks truth and volume in every aspect of life and business or trading.  Even the best strategists have to be prepared for the…

This reads:

Dear Buyer, Seller, and Analyst,

While you guys were busy arguing about the direction of price, I cashed in my profits!…