Getting Started as an Active Trader

BellaGeneral Comments4 Comments

I was asked to speak at the TraderExpo next week by LightSpeed on this topic: Getting Started as an Active Trader.  Here are my bulletpoints on what you need: 1. Domain Knowledge 2. Intrinsic Motivation 3. Critical Feedback 4. Purposeful Practice 5. Luck 6. Talent 7. Growth Mindset 8. Your PlayBook 9. Value-Add Environment 10. Mentor What do you think … Read More

Morning Thoughts 2/14/11

AdamAdam Grimes's blogs, General CommentsLeave a Comment

Good Morning traders, World markets are mixed this morning.  Asia sharply higher 1.2% to 2.7%.  Europe is a little soft this morning, down an average of about 0.8% (broad European index -0.5%). We do have some decent sized moves in currencies to start the week:  the Euro is weak (EURUSD EURJPY EURCAD all down) and NZD is weak.  With the … Read More

Morning thoughts 2/11/11

AdamAdam Grimes's blogsLeave a Comment

Good morning traders, Very little has changed this morning–I could pretty much cut and paste my comments from previous days. The market is locked in a higher timeframe consolidation, and there are two key elements short term traders must keep in mind: 1) in this type of pattern low volume, choppy trading predominates and 2) breakouts from these areas tend … Read More

Pre-London FX AM idea

gmanGilbert Mendez's (Gman's) BlogsLeave a Comment

Sitting down here waiting for some action out of Egypt news to play out. Waiting for the $EURUSD to start making news lows through the Asian session to get serious about the short. In the daily chart below you can tell there are defo some longs caught once we start to take out lows. Playing shorts into London aggressively below … Read More