Learn this Powerful Strategy in Under 5 Minutes
March 21, 2012 by · Leave a Comment
When people first get start trading, they think trading is about making good analysis of a trade before you enter the market. What experienced traders know is getting out is the important part. Getting out of trades is how money is made and lost in trading. The unfortunate truth is there is nothing you can [...]
Business Insider Likes My Analysis: TF 101 Signals 3-16-2012
March 15, 2012 by · Leave a Comment
Good news today – some of my market analysis was picked up by a major website! I mentioned President Obama could use the Strategic Petroleum Reserve (SPR) to lower the price of oil. But really – he didn’t even need to do that much. He could just leak the government was thinking about using the [...]
Revenge of the U.S. Dollar: TF 101 Signals 3-14-2012
March 13, 2012 by · Leave a Comment
***Trade Alert – Long Copper*** The system went long Copper today. So far, so good. This could end up being a nice trade. Just a few weeks ago I was thinking there was going to be a huge sell off in commodities – but now I am not so sure. The Grains once again moved [...]
Trend Following 101 Signals 3-12-2012: Roll the Currencies
March 11, 2012 by · Leave a Comment
***Trade Alert – Buy Soybeans, Roll Currencies*** Before we get to the grains, here is something you must do on Monday. We need to roll the currencies Monday. Roll them from March to June. The currency symbol is “H” for March. You’ll need to move your positions to June, or “M”. Rolling the positions is easy. [...]
Signals 3-8-2012: Short Wheat, Exit Copper
March 7, 2012 by · Leave a Comment
***New Trade Alert – Sell Wheat*** The system went short Wheat today. Also, the system will probably get short Corn tomorrow morning. The bias shifted in Corn to short bias. The TF101 system will get short Corn on tomorrows opening unless Corn rallies overnight. The Copper ended up being exited today – this trade did [...]
Did a Commodity Crash Start today? TF101 Signals 3-6-2012
March 6, 2012 by · Leave a Comment
I’ve warned a few times about the potential for massive sell off in commodities – and there is a chance this huge sell off started today. When I look at the supply and demand fundamentals facing individual commodities, I see very bearish signs in nearly every commodity. I can’t tell if this potential crash is [...]
5 Trend Trading Mistakes that Cost You Money
March 6, 2012 by · Leave a Comment
Trend trading really isn’t all that hard to do. The actions you need to do on daily basis could be done by a diligent 10 year old. But people still make mistakes. Here they are in all of their glory. Risk too much Skip trades Exit before the end of trends Trade wrong markets Don’t [...]
Being Right vs. Making Money
February 22, 2012 by · Leave a Comment
Successful trading is about putting money into the account. Period. Nobody cares if you get the analysis right. In fact, you’ll find you don’t even care. You only will care if you put money into the account. Ned Davis wrote a book with this title, and though I haven’t read the book yet, I will. [...]
Trend Trading Stops: Profit Taking
February 16, 2012 by · Leave a Comment
Lots of people are asking me about how to place the stops in a trend following system. There are two basic types of stops in a trend trading system. The first type protects the account from losses. The second type of stop takes profits. You want to make sure being wrong doesn’t stop you from [...]
