All futures today. This video talks about my stock watchlist, and how I didn’t see any trades to take at the open. I also spend some time talking about why you should buy into big offers, and sell into big bids. Long-time readers will have already heard me say it, but it’s [...]
I made a trade today in the S&P500 eMini Futures (ES) based purely on watching the tape.
The setup for this trade took well over half an hour to develop. The time window of opportunity existed for only a few seconds, and the trade was over in just under 1 minute. Making a video [...]
As a part of my never-ending quest to improve my competency as a trader, I recently turned my attention to the craft of tape reading. Unlike a search on chart patterns or technical analysis, a search on Tape Reading in Amazon will yield only a scarce few relevant results. The topic of tape reading has [...]
I haven’t been backtesting much lately. One problem I have noticed with backtesting trading systems, is that there’s no way to account for the effect that your trades have on the instruments you are trading. I have been noticing that effect more than ever, recently. If you look for it, I bet [...]