One of our traders read our blog post last night on improving your performance by watching and shared some interesting additional data. This comes from the book One Second Thought: Outsmarting your Mind’s Hard-wired Habits by Wray Herbert. Psychologists used to think that perception and movement were two completely separate process, lodged in different regions of the brain. The common … Read More
Morning Thoughts for December 3, 2010
Good morning traders. SPY trading lower in premarket near the middle of yesterday’s trading range. It is important to consider that the SPY has traded up about five points in the previous three sessions. Until this market proves otherwise I am looking at this down move in the market as consolidation. The bulls are firmly in control on any price … Read More
SMB Morning Rundown – December 3, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Improving Our Performance by Watching
New science indicates that we can improve performance by watching. I started thinking about this while daydreaming on a pool chair at the St. Regis overlooking Hanalei Bay, one of the ten most beautiful beaches. When I was younger I was an excellent passer in the sport of basketball. I could never understand how others couldn’t see the floor like … Read More
Morning Thoughts for December 2, 2010
Morning thoughts today from Adam Grimes from the Macro report: For now, the situation is simple. If the market is able to hold these gains and hold above recent resistance (now potential support around 1,200 S&P Cash), then there is a very high probability that we will close the year on the highs. If not, and if we fall back … Read More
SMB Morning Rundown – December 2, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Can a Smaller Stop Carry More Risk Than a Large Stop?
Thinking about stops in terms of probability and expected values.
Traders Ask: Any Advice on these Trades?
Mike, I’ve been lately having a hard time executing my trades properly. I find the setups, my analysis is correct, yet myfingers don’t follow up with my brain! I wrote a blog post about it, and reach out to you to tell me what you think could be done. http://bit.ly/gtTprL Hopefully you’ll have time to look at it and perhaps … Read More