http://theessentialsoftrading.com/Blog Information and resources for those looking to learn about trading and the markets Tue, 22 May 2012 13:18:57 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 http://theessentialsoftrading.com/Blog/index.php/2012/05/19/update-digest-for-week-of-2012-05-19/ http://theessentialsoftrading.com/Blog/index.php/2012/05/19/update-digest-for-week-of-2012-05-19/#comments Sat, 19 May 2012 11:00:00 +0000 John http://theessentialsoftrading.com/Blog/index.php/2012/05/19/update-digest-for-week-of-2012-05-19/

]]> Updates from the past week shared via Facebook and Twitter:

• Broker rankings for the equity traders out there (HT to @mymoneyblog)
• Just started reading Schwager’s new Market Wizards book. Look for a write-up in the future.
• For those who use price distribution (Market Profile) charting, take a look at the monthly for EUR/USD vis-a-vis the January POC. #
• Gold now back to about where it was at the end of QE2. Make sense since Twist is not a money supply growing operation, and neither is LTRO. #
• Learn a Lesson from JP Morgan
• Basic Things You Need To Know About The CFA But Were Afraid To Ask
• I don’t always agree with Brusca on things, but this is one case where I think he and I are on the same page.
• A while back I did a review of a book which focuses on George Lindsey’s methods, the primary one of which Carl Futia talks about here.
• Recessions Are Voluntary (Not Controlled by Politicians)
• Is the Market a Battlefield for You?

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]]> Updates from the past week shared via Facebook and Twitter:

• So You Wanna Be A Trader
• The story of a former Wall Streeter now part of the Occupy movement: Leaving Wall Street
• On Covestor, Copycat Traders Auto-Buy as Mirror Trading Takes Off
• How You See Affects How You Trade
• Blasphemy from @PeterLBrandt? Why high/low/close bar charts have become worthless
• For those interested in the supposed high failure rate in trading (suggested at 95% or more), give this article a read… The Bell Curve Is A Myth — Most People Are Actually Underperformers
• I’m a member of this “award-winning IFR Markets Forex desk”. Reuters creates a Buzz with new intraday FX News
• Intelligence Is Overrated: What You Really Need to Succeed
• When is the best time of day to trade forex?
• How The Power Of The Masses Drives The Market

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]]> Updates from the past week shared via Facebook and Twitter:

• Emotions, Decisions and Discipline
• Sell in May?
• Four Quick Ways To Get Better At Trading
• The truth about stop hunting
• Trading and the Null Hypothesis
• This isn’t strictly about trading, but since education is a focus here, it’s worth sharing … What I’ve Learned About Learning
• It’s as if this author has been reading my stuff. Will the Dollar Be Replaced As a Reserve Currency?

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]]> Updates from the past week shared via Facebook and Twitter:

• Do you involve others in your trading? … Trading Alone
• Learning To Let Go Of Past Trades
• 15 Of The Most Spurious Correlations In The Stock Market
• From the data: One reason traders struggle
• Do you not know, or do you not do what you know? … Trading Mistakes
• Don’t forget about the month-end iPad3 giveaway open to Essentials of Trading newsletter subscribers.
• Prospects for USD/JPY looking forward
• Currensee is Hiring!
• ‘Real’ investors eclipsed by fast trading
• 4 Easy Tips to Prevent Recency Bias
• Seems real estate investors need to learn lessons from those in the financial markets. (HT to Michael Covel) Falling home prices drag new buyers under water

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]]> Updates from the past week shared via Facebook and Twitter:

• My first ever market participation was a Dow Chemical DRIP using my paper route money. Do kids even still deliver newpapers?… Investing in Dividend Reinvestment Plans (DRIPS)
• The Goal is Not the Driving Force
• Looking at yield spreads to understand EUR/USD
• If you haven’t already, sign up for my weekly email newsletter for a chance to win an iPad3.
• Apparently the meek shall inherit the trading profits. Q&A with Susan Cain on the Power of Introverts
• Essentials of Trading 6th Anniversary
• How correlations change

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]]> Updates from the past week shared via Facebook and Twitter:

• Never Buy Stock Again!
• Here’s a shocker. Earnings expectations are often way off. 12-Month Forward Earnings, What Do They Predict?
• Getting ready to start answering some trading questions
• Tips to keep the trading fires burning
• Looks like the forex volume train is still chugging along. Uncertainty pushes FX volumes above $5 trillion
• I once did a panel discussion with the subject of this interview. Emotional Trading: Why Traders Need to Avoid Hope
• RT @alphatrends: RT @ivanhoff Mean-reversion works better during corrections… Ummm, aren’t corrections mean reversions? #
• Technical analysis in manipulated markets

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]]> Updates from the past week shared via Facebook and Twitter:

• Forget that Perfect Trade
• Five Things I Wish I Knew About Trading When I Started
• British Traders Have Discovered BitCoin
• Celebrating 6 Years of Trading Essentials
• Decreasing forex volumes – a trend or an opportunity?
• This looks to be a good read The Joris Luyendijk Banking Blog
• I contributed to this article. Retail e-FX Client : Social Investing – reshaping the face of Retail FX
• A good brief discussion of both reserve currencies and international portfolio diversification. What Do Reserve Currencies Mean To You?

]]> http://theessentialsoftrading.com/Blog/index.php/2012/04/07/update-digest-for-week-of-2012-04-07/feed/ 0 http://theessentialsoftrading.com/Blog/index.php/2012/03/31/update-digest-for-week-of-2012-03-31/ http://theessentialsoftrading.com/Blog/index.php/2012/03/31/update-digest-for-week-of-2012-03-31/#comments Sat, 31 Mar 2012 11:00:00 +0000 John http://theessentialsoftrading.com/Blog/index.php/2012/03/31/update-digest-for-week-of-2012-03-31/

]]> Updates from the past week shared via Facebook and Twitter:

• Do Stocks Always Outperform (in the Long Run)?
• This strikes me as something of a hatchet job on FXCM. Their numbers aren’t any worse than anyone else. The Customer Is Too Often Wrong at FXCM
• Conquering The Psychology Of Trading
• @forexmagnates Alas, a many of the reporters writing about retail fx don’t have their facts straight. I’ve been known to tell them so. in reply to forexmagnates #
• Doing a PhD to study all you crazy traders
• Gotta figure the bigger emerging market currencies will become more readily tradable before too long. se and Indian FX trading available at FXDD
• Part of me wonders if all this kind of stuff actually isn’t net detrimental to trader performance. Sometimes making it easier isn’t the best thing…. FXCM launches an app store
• RT @Fxflow: Good Habits Lead to Great Trading http://t.co/PVuMv855
• Heading into a challenging month for the dollar
• The language is colorful and the sample is limited, but it does serve to at least ask an important question. Why scaling out of positions could send you broke
• Think about how this might impact your trading… Why Being Relaxed Makes Us Spend Too Much Money
• What’s a good prize? I’ve got a couple of contests I want to run in April and am trying to come up with good… http://t.co/0xRODkiT

]]> http://theessentialsoftrading.com/Blog/index.php/2012/03/31/update-digest-for-week-of-2012-03-31/feed/ 0 http://theessentialsoftrading.com/Blog/index.php/2012/03/24/update-digest-for-week-of-2012-03-24/ http://theessentialsoftrading.com/Blog/index.php/2012/03/24/update-digest-for-week-of-2012-03-24/#comments Sat, 24 Mar 2012 11:00:00 +0000 John http://theessentialsoftrading.com/Blog/index.php/2012/03/24/update-digest-for-week-of-2012-03-24/

]]> Updates from the past week shared via Facebook and Twitter:

• Be A Trader With A Scientific Mindset
• Trader Psychology is NOT the most important thing
• No Secret is the Real Secret
• Ben Bernanke Explains Why The World Will Never See Another Gold Standard: http://t.co/vOAb2A8c
• Book Review: Currency Trading in the Forex and Futures Markets
• The Dangers of Anticipating a Market Reversal
• Why Using P/E Ratios Can Be Misleading
• “….prices are relatively stable under a gold standard if and only if banks do not lend out more gold than there is.” Yes! Finally I see someone bring up fractional reserve lending in the gold standard argument…. http://t.co/k2zrTHOg
• Gold is not glittering so much these days
• Advice Requested: I need a hand-held device to read PDFs (mainly academic papers) away from a computer screen…. http://t.co/gNOX2C63
• @leanco @gregmikeFX I’d argue that greed is at least as much of an enemy of traders. Fear doesn’t blow them up, but greed does. #
• @gregmikeFX I guess it’s a matter of perspective. Greed will do you in quick from big losses. Fear does you in slow from poor performance. in reply to gregmikeFX #
• HFT Has Disconnected Commodities From Fundamentals
• @gregmikeFX I think greed starts earlier than holding too long. To me it come up frist and foremost in the position-sizing decision. in reply to gregmikeFX #
• Just added this to my reading list. The Wrong Answer Faster: The Inside Story of Making the Machine that Trades Trillions
• I told newsletter readers to watch out for falling yields
• The High-Yield Explosion

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]]> Updates from the past week shared via Facebook and Twitter:

• Citi On The Really Simple Currency Trade That’s Been Doing Awesome All Year
• In case you weren’t already aware that trading drops way off when there’s something more important going on (like March Madness?) Investor Inattention During FIFA World Cup Matches
• Daily FX Trading Activity: $4.7 Trillion
• Keep a close eye on the commodity currencies
• It always seems to take a major problem to get folks to fix things. NFA steps up segregation rulemaking
• For those Fed watchers out there, now you can get your fix via Twitter New Fed Twitter account
• 5 Tips to Help Part-time Forex Traders
• Stocks and the Dollar Both Up at the Same Time?
• This ties in with my observations in the post above. Fragmentation of Risk-on/Risk-off Matrix
• I think I’m going to blog about this one, as I tend to disagree with the premise, at least in a certain respect. The Path to Becoming a Master Trader

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