Comments on: Using Technical Indicators vs Trading Based Purely On Price And Volume Charts

By: Tough Trading Ahead – Rolling Over Danger

Tough Trading Ahead – Rolling Over Danger — Thu, 10 Mar 2011 01:54:22 +0000

[...] objectively anymore. Fear and mistakes are an integral part of trading. It is what I refer to as embracing ambiguity. But when danger signs increase and you start noticing red flags, there are quite a few things you [...]

By: Energy Stocks Powering Higher – LNG Cheniere Energy DNN Denison Mines Gathering Momentum

Mon, 31 Jan 2011 23:36:07 +0000

[...] new opportunities. This of course is closely related to your ability to leave your comfort zone and embrace ambiguity and forget your opinions. That’s why I am once again going to close tonight’s post with [...]

By: Market Warning Signals Are Increasing – Some Individual Stock Observations

Market Warning Signals Are Increasing – Some Individual Stock Observations — Sat, 20 Mar 2010 03:01:42 +0000

[...] me to be very cautious. I listen to the markets and for now I am staying on the sidelines. The ‘ultimate indicator’ to watch though is a very simple [...]

By: Trading Should Be Effortless – More Thoughts On Why I Went To Cash

Trading Should Be Effortless – More Thoughts On Why I Went To Cash — Mon, 15 Mar 2010 23:44:40 +0000

[...] This one is key. That’s how I interpret the adage: It doesn’t mean you don’t trust your instincts or your methodology. As a trader you should adapt to new situations. You constantly analyze the markets and your performance. Then you adjust your trading. Then you compare your expectations with the actual outcome. Then you adjust your trading. Then you repeat the process. At times things simply do not work. That’s when doubt creeps in. You know something is not ‘feeling right’. Your job is to protect your capital. Your job is not ‘to be right’. Put another way: You should be able to exit or reduce exposure without the need for explanations. The markets usually give you those explanations at some later point in time. As a trader your goal is to be able to live with and embrace uncertainty. [...]

By: New Additions And Removals To My Public List

New Additions And Removals To My Public List — Mon, 01 Mar 2010 22:56:10 +0000

[...] Decided it was about time to get rid of quite a few stocks on my public list and make room for new ideas. That’s what trading is all about. Being objective. Being open for new ideas. Leaving one’s comfort zone. Leaving one’s comfort zone is an important concept I will write about more in-depth in the future. The reason for it being so important is that it yields the best performance. Think ‘crowded trade’ versus buying ‘new stuff’ and being exposed to ‘information risk versus price risk’. Another topic I need to devote an entire post to… In the meantime you might want to review my post centered on embracing ambiguity. [...]