Archive
Category: Trading 101
- September 11, 2005Speed vs. Impact Risk Matrix for Trading
The Risk Matrix: Speed v. Impact (PDF). More.
- August 28, 2005Earl Weaver: Moneyball and the Three Run Home Run Has Always Been the Key
From the Washington Post today comes a story about the “bunt debate” in baseball: Earl Weaver “As a future Hall of Fame outfielder in Baltimore, Robinson played for four seasons under Manager…
- August 18, 2005Thoughts from the Old Pro
Suggestions for trading from the old pro and founder of Commodities Corporation Amos Hostetter: 1. Experience must teach. Follow it invariably. 2. Observation gives the best tips of all. Observe market behavior…
- July 10, 2005Wisdom Found in the New Market Wizards Book
Always understand the risk/reward of the trade as it now stands, not as it existed when you put the position on. Some people say, “I was only playing with the market’s money.”…
- May 27, 2005Michael Mauboussin: Invisible Lead Steer
Michael Mauboussin of Legg Mason authored an interesting perspective on the “lead steer”. Read PDF report.
- May 12, 2005Good Advice
I caught a brief story today about ‘exits’. The following excerpt is right from the trend following play book: “It’s a common enough saying that people use in various situations in everyday…
- May 9, 2005Skill v. Opportunity (& Luck)
Can a great trader have great skill and no opportunity to make money? Can a bad trader have no skill and tons of opportunity to make money? The answer is yes to…