11 Jul

The Horizon, Chinese Farmer and Your Happiness

This month I want to ask you, "What is the horizon?" Think about it, what is the horizon to you? Most will answer that it’s where the sky meets the land off in the distance.

Now, I want you to stop and think some more. Have you ever actually reached the horizon or is it always off in the distance?

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05 Jun

Batten Down the Hatches, Storm’s a Comin’!

You’ve more than likely heard the phrase, “Batten down the hatches, storm’s a comin’!” If you’ve watched the movie or read the book, Twenty Thousand Leagues Under the Sea by Jules Verne, or live near water where sailing is popular, you’ve undoubtedly have heard the phrase. This month, I’m discussing battening down the hatches in your trading.

 

Exciting News-We’ve Remodeled!
First, I want to apologize for being late with this newsletter. I have been working for almost 2 months on totally revamping our tradenavigator.com site. Go check it out after reading this month’s blog. As you may have noticed, we moved Trade Ticker under our TradeNavigator.com website. Feel free to let me know what you like or don’t like about the new website. I love feedback; good or bad. It makes us better.
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17 Apr

Richard Branson, Toby Keith, a Free Tibet Bumper Sticker … and Your Success


Driving to work yesterday, I saw a bumper sticker that said, “Free Tibet” on the back of a minivan. I was looking at that and thought, “What difference will a bumper sticker in Colorado Springs have on China and their actually freeing Tibet?

Ironically right about that time, an old Toby Keith song came on the radio, called A Little Less Talk and A Lot More Action. The chorus is:


A little less talk
If you please
A lot more loving
Is what I need
Let’s get on down
To the main attraction
With a little less talk
And a lot more action

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06 Mar

Wrestling, Michael Jordan, and Losing Trades

I recently attended a high school wrestling match to support a friend’s son. It brought back memories of when I used to wrestle in high school. I had all but forgotten a secret I had learned in wrestling that helped get me to state championships in both tennis and wrestling.

How could wrestling or tennis relate to trading? How do these relate to investing in losing, my trading, and my life? That is what I discuss this month.

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07 Jan

The Best and Worst Currencies of 2012

Time stops for no man so as we once again approach the Festive Season, it is time to review the best and worst currency pairs of 2012 for Forex Journal. This invitation from the editor of this august publication, behoves us to determine what characteristics affect our choice. For a carry trader the implicit strength, return and stability of the Aussie Dollar likely makes that currency a firm favorite, whereas a banker would applaud a currency with zero volatility thus negating the often onerous obligation to hedge. (more…)

23 Nov

TradeSense® Order Groups

TradeSense Order Groups allow you to submit an entire group of orders which can OCO, OTO both in and out of the market. TradeSense Order Groups require Streaming data so that the triggers happen as fast as the market.

To create orders for a TradeSense Order Group open your Trade Console in Trade Navigator.

Button

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23 Nov

Bollinger Bands Indicators

An Introduction to the Bollinger Bands® Indicators
John Bollinger, CFA, CMT

Very shortly after the invention of Bollinger Bands it became obvious that it was possible, indeed necessary, to create technical indicators based on the bands. The first two indicators were %b™ (pronounced ‘percent b’), which tells us where we were in relation to the bands and BandWidth™, which tells us how wide the bands are. Together with Bollinger Bands, those two indicators form the
core of the Bollinger Band Suite. Let’s start with Bollinger Bands and then work our way through the indicators.

Bollinger Bands are curves drawn in and around the price structure that define whether prices are high or low on a relative basis. They consist of a middle band, a simple moving average, and upper and lower bands spread above and below the middle band by a measure of volatility. In most applications the length of the average for the middle band is selected to be descriptive of the intermediate-term trend. So, from a certain perspective Bollinger Bands can be seen as a combination of trend and volatility information. It is this informational nexus that allows Bollinger Bands to provide robust definitions of high and low.

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15 Nov

How Technique Without Intuition Is Like Dancing Without Music

This month I have a special anecdote I want to share with you and explain how it pertains to your trading.

Native FlutistI was recently told a story about a medical facility that was near a Native American reservation here in Arizona. A nurse noticed that a very wise or elder man walked into the waiting room and stood in the back. She watched as he stood there, not saying a word, and failing to come forward. She was concerned that there was something wrong and went to speak to this elderly man. He refused to say there was any problem and refused to come to the front desk. He simply stood in the corner and waited and watched.

Since the nurse was concerned about this man, she decided to discuss him with the doctor. The doctor came out to the waiting room, recognized that the elderly man was one of the medicine men on the reservation. Wanting to share his respect for this elderly man the doctor said, “I respect your ways and would love to learn from you. I can help you but, in return I would like you to help me.” He asked the elderly medicine man if he would teach him how to dance.

The wise medicine man looked at the young doctor and said, “I can teach you to dance but I can’t teach you to hear the music.
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07 Aug

Homemade Root Beer and Trading

This month I was reminded of an experience I had making home made root beer and, how it can apply to your trading.
 

Our Only Onsite Training for this year…
We’re having our onsite training this September. This is and will be the only onsite training that will be offered this year. We’ve been adding a lot of new, powerful features that we will be covering. The training sessions will include taking a trading idea from inception all the way through testing and automated trading with conditional groups. We will also be showing you our new features and how to implement them, as well as making sure you have a solid grasp of all the power available to you in Trade Navigator.
 

As I mentioned, this will be the only onsite training offered this year and seating will be limited. We like keeping the class size limited so we can give attendees our focused assistance. So, don’t delay. We have limited hotel room blocks reserved across the street but those usually go fast. The dates for the onsite training are Sept 15-17. Call sales today at 800.808.3282 or click here for more information to reserve your seat, and take your trading to a higher level. (more…)

22 Jun

Octopus, Square Oreos, Bruce Lee and Your Trading

I was very lucky this last Fathers’ Day weekend. I was able to spend some time kicking back, watching whatever movies and reading whatever books I wanted to. It was great; my family left me in my man cave with my books, DVDs and the TV. Talk about a fathers day gift.

Yep, I read about octopi and square Oreos and watched movies of Bruce Lee and Brad Pitt. Even though I was in “Man Cave Mode”, I couldn’t help but think about how some of what I was watching and reading could help traders and their approach.

That’s what I’d like to share what I learned while I was in “Man Cave, Father’s Day” mode, How the Octopus and Square Oreos can help your trading.

Money BallOne of the movies I finally had a chance to see was the Brad Pitt movie, Money Ball.  I think everyone has heard about the movie and how, due to budget constraints, Billy Beene, GM of the Oakland A’s, used a totally new approach in evaluating players that changed the baseball world forever.  One line from the movie that really hit me was when the owner of the Boston Red Sox, John Henry, interviewed Billy Beene. During this conversation, John Henry basically said that baseball owners had to adapt to Billy Beene’s new approach.  If they didn’t, they  would become dinosaurs that die and become extinct.

That got me to thinking, “Wow, Even the long time  utilized and believed approaches used by baseball teams no longer worked.” (more…)