Trading Process and Strategy

WLSR – Not Win%

  I've covered quite a few topics throughout 2014, but I believe the most important by far has been my attempt to have people looking for success over a series of trades, rather than on any individual trade. Not every trade idea works! But that's ok and that's normal. Keep the losses contained. And work…


Expect Imperfection – Part Two

  I always liked this passage from Street Smarts by Linda Raschke and Larry Connors: "No matter how long you trade, you'll never do it perfectly. Case in point. A friend of mine is a retired market wizard. This man has made over $100 million trading futures. He told me that his biggest weakness was…


Expect Imperfection

  Imperfection is part of the game. Expect it. While you should always seek to minimise error and to improve your market reading skill and decision making abilities, you cannot ever completely eliminate imperfection. Instead, your job is to learn to profit over a series of trades, despite the presence of imperfect decisions and actions.