There are a number of topics that slip-slide over my desk daily but the one that feels like a slug making it way across the garden path leaving it’s slimy, gooey, grime is, “how the markets are rigged against retail traders.” Anyone who has been in this business for any length of time can tell […]
One of the primary objectives of these weekly sessions with your in-house trading psychologist – what you didn’t know I was a trading psychologist? – is to teach you how to make market information neutral, how to look at market data from the market’s perspective, how to Become the algorithm. I can just hear the conversation […]
When you embark on a career in trading or if you just want to try it part-time, you have a lot to learn before you ever hit the enter button a trade. The actual physical act of trading is child’s play but all the research that goes into learning the ropes can, in some cases, can take years. Today […]
One question I get a lot is about settled cash and how different brokers handle it. This is a very important issue with QiT because at times we can be fully invested and, whenever volatility spikes, we can be fully invested for days. We need that settled cash to stay in the game. Settlement Date There are […]
Learning to live through a drawdown is probably the hardest thing you will ever do as a trader. Here are 5 points to help you through them.
Trading with an algorithm will force you to at least start with a plan that incorporates money management. It certainly can’t force you to stick to that plan but it does make it so you have to consciously decide to deviate from it. That alone can intimidate you enough to stick to it. Building, or using, […]