Old Archive for "June, 2009"

These are Blog Archives
Here you can find links to old content I had on the blog, prior to switching to our group pages. Have fun looking around... some of it is pretty good! If you are looking for the best of the best posts from both the old and new eras, then go to the Articles Page. If you want the newest material, browse the public group (and the google waves associated with it).

Quick and Dirty NinjaTrader6.5 PnF Charts

Posted on June 30th, 2009
Written by Richard

I realize you can get PnF charts from tradingstudies.com, but I am a programmer, and I had a simple need for 1 tick x 3 box reversal PnF charts on my Ninjatrader. So, I made a quick-and-dirty implementation. Because I just threw it together, it only works for 1-tick boxes, but you can [...]

Watch and Learn Pt 2

Posted on June 26th, 2009
Written by Richard

TraderB52 put out another video, this time with a voice track. For those of you who have struggled to figure out what he’s doing in the silent videos, this should help a lot.

I want to thank him for all the great videos he’s put out. Thanks, man!

The Quotable Al Brooks

Posted on June 25th, 2009
Written by Richard

How many times have my live room folks heard me say something just like this:

“If you enter before the bar closes, you might occasionally make a tick or so more on your trade. However, once or twice every day, the signal that you thought was going to happen does not and you will lose [...]

The Quotable Al Brooks

Posted on June 24th, 2009
Written by Richard

“At the end of every bar, most traders ask themselves, “What just took place?” With most bars, they conclude that it is just too confusing to understand and choose to wait for a pattern that they recognize. It is as if they believe that the bar did not exist, or they dismiss it [...]

The Quotable Jorge F

Posted on June 23rd, 2009
Written by Richard

“The rhythm of the market is the large traders breaking to high five each other before they get back to work.”
Jorge was showing us how he cleans up by watching for the splitter to turn, and then waiting for truly big (300+ sized) trades to go by on the time and sales. He scalps [...]

NinjaTrader 7 Feature Highlights

Posted on June 22nd, 2009
Written by Richard

[EDIT: I have NT7 Beta now... see my first look at the Ninjatrader 7 beta]
Ninja just released a list of features for NT7, and you can see the list here. A lot of the features make things more convenient that what we have in 6.5 (like dragging around indicators rather than setting up panel [...]

The Quotable Wyckoff

Posted on June 21st, 2009
Written by Richard

“Small operators should take a leaf from the book of those who buy and sell enormous quantities of securities. It is their foresight which enables them to profit. To cultivate foresight means to study the market’s condition.”

Everyone Forgets

Posted on June 21st, 2009
Written by Richard

My biggest trading mistakes happen when I forget my inspirational message for 2009. When I buy too much into my own ideas about where the market should go next, the market always reminds me who’s in charge.

The Quotable Wyckoff

Posted on June 20th, 2009
Written by Richard

“It is just as important to study the small lots as the large lots. The smaller quantities are like feathers on an arrow — they indicate that the business part of the arrow is at the other end.”

The Quotable Wyckoff

Posted on June 19th, 2009
Written by Richard

“The dollars will come along fast enough if you can make more points net than you lose. The professional billiardist playing for a stake aims to out-point his antagonist. After trading for a few months don’t consider the dollars you are ahead or behind, but analyze the record in points. In this [...]

<- Older Posts <-