E-Mini Swing Trading
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September 12, 2016

Reviewing The Damage

Always be careful what you wish for. After enduring what seemed like an eternity of indecisiveness and rangebound gyrations market participants across the board were ready to welcome a resolution in whatever direction. Of which we received an ample helping last Friday and most likely the way many had long feared and perhaps hoped to avoid. Let’s review the damage first and then see if it’s time to pick over some of the disoriented victims. After all as traders we’re virtual carnivores, which means we hunt best when confusion reigns high but the odds are in our favor. Assuming there’s prey to be slayed of course.

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September 8, 2016

Last Trades Of Summer

That’s it – summer is officially over. Love or hate it – it’s time to mothball your summer outfits and start airing out the fall and winter gear. Before we know it we’ll be picking out Halloween outfits. Well, you will maybe – I’m already in character all year. Quite frankly I personally am looking forward to a cooler season as it has been one hellish and humid summer here in Valencia with an average dew point consistently pushing way above 63 Fahrenheit (17 Celsius). Which meant that every time I stepped out of our well air conditioned trading lair I started to sweat profusely within a matter of minutes. Having lived in Los Angeles for two [...]

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September 7, 2016

Crude Awakening

We got pretty lucky there the other day jumping on the precious metals express train as there are but a handful of symbols I feel tempted to touch even with a ten foot pole right now. Clearly I was expecting a bit more post vacation participation but judging by yesterday’s tape across the board we may remain stuck in this churn zone from hell until further notice. The upside of being a retail trader is that nobody can force us to participate in crappy markets. Instead let’s focus on the few symbols that look promising.

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August 30, 2016

Just The Setups Ma’am…

The August trading blues are almost behind us, various futures contracts are rolling into their final month of the year, and I’m seeing a bit of movement in some key markets. Although I advise everyone to keep position sizing small as of now I believe it’s time to dip our toe into a few campaigns and also add a few promising symbols to our watch list. As always let’s kick things off with equities:

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Cognitive Bias Carousel
  • Sunk Cost EffectSunk Cost Effect
    The tendency to treat money that has already been committed or spent as more valuable than money that may be spent or acquired. Also known … more
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