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My Trading Rules

Posted 04-08-2011 at 11:12 PM by Magic
Updated 04-19-2011 at 03:18 PM by Magic

The mantra for successful trading: “Let your winners run and cut your losses.”

It’s about personal discipline and managing your capital account with the goal of minimizing losses. With the Trading Plan you think in terms of probabilities. With your Trading Rules you think in terms of Capital Preservation through psychological self-discipline.

Whereas the Trading Plan is the support line for your trading activities, the Trading Rules is the resistance line.
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So Says the Trading Journal

Posted 04-06-2011 at 08:42 PM by Magic

You must be insane if you are not keeping a Trading Journal. One of everyone’s favorite definitions of insanity is "doing the same thing over and over, but expecting different results."

A Trading Journal is not about simply tracking your numbers and making some notes. It is about finding weaknesses to overcome and maximizing your strengths when you recognize them. That is, making improvements - improving your system and rules. (I define a system as a group of strategies.)
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1/5/2011 (My Trade Day)

Posted 01-05-2011 at 12:39 PM by larryfolson (THE EAGLE TRADERS BLOG/Journal)
Updated 01-05-2011 at 01:55 PM by larryfolson

Its 7:48am NYT and the DYX is showing strength it is up 36% @ 79.81 Nice.

I add a 2nd position @ 1.33006 last evening and went to bed!!! Risk covers @ 1.32963

Entry Chart

4hr Look

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Review and new trading strategy part 2

Posted 04-05-2010 at 05:50 PM by TheRagsToRichesStory (Graeme's Rags to Riches Trading Blog)
Updated 04-05-2010 at 05:57 PM by TheRagsToRichesStory

Hi all

Welcome to part 2 of the review and new trading strategy which is described in the first video below. This shows the set up and component parts and describes why each component is there and the relevance to the set ups.

The most unfamiliar indicator on there is going to be the Laguerre RSI, and I have also uploaded and extract of John F Ehler's time warp to help explain it. The maths is kinda confusing to a numpty like me but I am sure someone like our friend...
Attached Files
File Type: doc Ehlers (Time Warp).doc (282.0 KB, 3113 views)
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Review and new trading strategy part 1

Posted 04-05-2010 at 12:13 PM by TheRagsToRichesStory (Graeme's Rags to Riches Trading Blog)

Hi all

I mentioned a little while ago that I was working on a scalping/short term trade strategy and I will be sharing that over the next few posts. I hope you find them interesting.

But before I get into the system itself it is perhaps worth sharing what caused me to even review the trading strategy in the first place. This by necessity will be a slightly long post so apologies for that!

One thing that hopefully is recognised is that I keep a pretty...
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