Info!! Notes As Well As Observations

* Thanks to readers who sent inwards merchandise setup ideas in answer to the recent post. I volition hold out featuring those setups inwards posts outset after today;

* Increasingly, I notice myself entering trades belatedly inwards the afternoon as well as asset into the side yesteryear side trading day. I tin accommodate for overnight toll jeopardy yesteryear sizing positions properly; I can't accommodate for missing opportunities that are occurring prior to the U.S.A. open;

* The best psychological strategy I accept constitute for non getting caught upward inwards choppy markets is exactly to non picket those markets. If I accept my lucre target set, my destination loss request identified, as well as my strategy for adding to/scaling out of the seat fixed, thus I notice that watching the marketplace tick yesteryear tick adds petty value;

* I start my trading twenty-four hours yesteryear asking: where is the marketplace probable to deed today? The volatility-adjusted toll targets that I set out each morn earlier the opened upward via Twitter give me a route map for that. (Follow the tweets here). Everything else is gauging marketplace strength/weakness as well as volatility to handicap the odds of touching 1 of those targets as well as finding expert entry spots to optimize risk/reward.

* At 1 firm, I'm working inwards a "pod" alongside a large trader as well as an analyst. The pod is supported yesteryear a programmer who creates proprietary tools for marketplace timing. There are 3 sets of eyes on the markets; 3 sets of eyes on the trader. Influenza A virus subtype H5N1 lot to a greater extent than bandwidth for processing what's happening; a lot to a greater extent than checks as well as balances to aid discipline. I suspect we'll hold out seeing to a greater extent than of that at large proprietary trading firms.

* Influenza A virus subtype H5N1 issue of recent posts accept featured tools that capture marketplace information inwards a unique means for quick processing. As alongside carpentry or vehicle repair, I notice that having expert tools makes a large departure inwards performance. Traders demand to minimize their overhead, but I'm difficult pressed to intend of successful traders I've worked alongside who haven't invested inwards expert tools to back upward decision-making.
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