It’s the story of the famous experiment in 1983 about teaching a group of inexperienced people to become traders led by Richard Dennis and his partner William Eckhardt. Dennis believed in teaching someone to become a trader while Eckhardt had serious doubts. They made a bet to give it a try through the experiment and […]
This is a book about market breadth indicators published in 2015 and is the second edition. Gregory L. Morris has done a great job putting together a kind of an encyclopedia. He has been analyzing and researching market breadth for over 20 years. Already in foreword by Tom McClellan there is a good example how […]
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I don’t take profits and losses, I exit
It is easy to get one’s mind clouded by thinking of profits and losses, money is important in our society. Amateurs often want to take profits and keep losses for obvious reasons of human nature. I think of trading being a game where I follow my entry, exit and risk management rules. The goal is […]
At first I was a bit skeptical taking this book to hand because it was published 20 years ago, therefore the title sounds like a book about aged trading strategies that probably don’t work anymore. But since few traders had recommended to read this book I gave it a shot. After reading the introduction, I […]
First off, my trading timeframes vary from short to intermediate, but I am looking at the bigger picture to compound risk premium over time in the US stock market. I like to build quantitative trading systems that don’t need me in front of the screens during market hours. I had been swing trading and studying […]