How To Rid Yourself Of
Have you ever said this?
"I'm a swing trader who much too often lets my emotions
into my trading usually with bad results."
Do you suffer from mind numbing brain chatter before you put on a trade, ...
... or while you're in a trade
....or after you exit a trade?
Mind chatter that tells you:
If you have lost money because you didn't stick to the rules of your trading system…
If you believe trading with a plan and sticking to that plan is the Holy Grail in trading …
then this message is just for you.
And you need to realize, there is a cost to not dealing with this…
If you ignore your emotional reactions
to trading it just gets worse
What most traders do when faced with losses due to emotions is:
And what happens if you just do nothing?
If you just keep doing what you’ve been doing?
.... AND YOU GO BROKE
...AND WHEN PEOPLE ASK,
...YOU MUTTER SOMETHING ABOUT A “BAD ECONOMY."
How can i solve
your emotional trading
What most traders don't understand is that you don't need to work harder,
you need work smarter.
When you trade with an algorithm there is no more:
President and Founder
You know how it is....
YOU PUT ON A TRADE IT MOVES IN YOUR FAVOR
You are elated and you do a happy dance.
Visions of vacations in Tahiti and a shiny new red corvette are overtaking your brain.
Trading is not all that hard.
YOU PUT ON A TRADE IT MOVEs AGAINST you
You are dejected and want to jump off a bridge.
You wonder why you trade, it never turns out.
Maybe if I did more research.
Find that one indicator that will transform my trading.
But it doesn't have to be once you firmly believe what Daniel Kahneman said in his excellent book, Thinking Fast and Slow, "Experts are uniformly inferior to algorithms in every domain that has a significant degree of uncertainty or unpredictability, ranging from deciding winners in football games to predicting longevity of cancer patients. One has to accept financial markets are no exception to the rule.”
Kahneman explains it with Brain #1 and Brain #2.
Brain #1 is your fast, automatic, frequent, emotional, stereotypical, and subconscious thinking system. The one that tells you, “Its ok, go buy that cherry red Mustang convertible, you can afford it.”
Brain # 2, on the other hand, is your slow, effortful, infrequent, logical, calculating, and conscious system. The one that realizes there is no way in hell you can afford the cherry red Mustang, you can hardly afford a Ford Fusion. No offense to anyone who has a Fusion but seriously, compared to a Mustang?
Brain #1 relies on intuition and assumptions – in the trading world, this is called discretionary trading and it is exhausting!
We like to think our conscious brain is sitting in the driver’s seat, but mano to mano, it’s not.
"I joined this service because I love the process of Quant trading, it removes all of the emotions. Many days when I was traveling, I couldn't even tell you where the markets closed, but I just entered my signals per the system and watched my account grow."
"I really think you have the best thing out here for great performance and controlled and lower risk.
"Really enjoying your service and am having consistently good results."
"Thank you so much for Quantitrader and here is to many years of success.
I have never been happier with any other services/systems I have tested over the years."
QiT’s Advanced Slot Technology is our money management regime.
It quantifies the optimum percentage apportioned to each trade including the number of trades (slots) assigned to a portfolio
For many traders, stops are a must. Psychologically it allows them to take trades, especially difficult trades but on the whole, the edges you see in strategies are lower when stops are applied to them.
So then how do you get out of a trade if you don’t use a stop loss? QiT uses something called a Dynamic Exit. We don’t set the stop loss at a set percentage or a set number of days. We exit when a particular indicator tells us to exit. That indicator is the Connors RSI
QiT applies a moving average to each portfolios equity curve and will move to cash when the equity curve falls below this MA
Since the equity curves are different for each portfolio, the MAs we use differ as well.
The MA will change as the equity curve changes, as well.
What is a trade through and how does it affect the Quantitrader portfolios?
A trade through is when a system requires a stock to trade at least one penny past the limit entry or exit price. Just hitting a limit price is not enough.
Quantitrader uses a limit order to enter all positions. We identify a candidate, according to the rules of the algorithm, then we make the market come to us by setting a limit order to enter below the close of the day (or above the close for shorts).
Here's how easy it is:
If awesome were inches, we’d be the Eiffel Tower.