Short term traders can actually make money if their winning percentage is only 50% – IF they pay attention to the basic arithmetic of trading.
Trade only when the potential profit is at least two times the risk – and preferably three or higher.
Be realistic about the risk – in trading futures it is […]
I use my SRVs in FOREX just about the same way as when trading futures – with one small difference.
I have noticed that the SRVs that turn price oscillations and send them in the opposite direction often do so at a price that is a bit short of the actual SRV value. That is, […]
Short term trading is all about price oscillations – generally short term price oscillations.
The assessment of risk is often related to the particular trading system used, but for short term trading there are a two assessments of risk that are likely applicable to any system.
First, and probably most important, is the trend […]
I am often asked if the SRVs I use in short term trading are really necessary?
In the belief that a picture is worth a thousand words, please examine the following chart of the US Bond market for Monday morning, 9-23-2013.
Keep in mind that the SRVs (the horizontal lines) were added to the chart […]
I was going to give my opinion about the FED and their recent action – but the following cartoon says it completely and perfectly!
Many years ago, while an engineering student at the University of Florida, a Roadrunner cartoon would get most of the school to the drive-in – regardless of […]
I have a very good trading system. When I follow it religiously, I seldom lose much money – and more often than not I will make money on most trades.
The reason is pretty simple – after many years of technical analysis training and many years of honing my trading method I have a system […]
Another mass shooting and the anti-gun lobby will be out in force to further restrict the average American’s access to fire arms.
Being a Texan, I view my second amendment rights religiously.
Okay, I will admit that a lunatic got a gun and killed people – but am I the only one that noted that […]
I am convinced that concentrating on a single market is best for most traders – particularly futures and possibly FOREX.
Like the old adage, it is best to be a master of something rather than a jack of all trades.
I attended a TradeStation seminar today and it was fun, but I could not help […]
Just yesterday I posted about a great way a technical trader can use fundamentals on certain occasions to gain a trading edge. As I said yesterday, they do not happen frequently, by Viola! – we had another occur one just today!
I has trading the 10 year USA Bond this morning and had knocked a […]
Since our trading method is based on technical analysis we seldom use fundamentals in making trade entries. However, there is one situation that arises occasionally that might cause us to enter a market based on an expected fundamental event. Such a case arose last Friday in the US Bond markets – both 30 and 10 […]
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Author & Trader
….very impressed with the whole philosophy – both personal and trading, expressed in the book. I will read and revert !!Richard DUSA
“The SRV’s are amazingly accurate”.Tony Texas
Thanks for the method !! Very solid, very logical entry and exit and genius SRV’s !!Denis DRussia
the SRV’s are spot on !!Tom CUSA
Great system – couldn’t trade without it !!Frank YDavid, Panama
I trade the US Bond Markets exclusively – amazed at the accuracy of the SRV’s !!George SNew York, NY
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