Category Archives: Trading How-tos

March 2010 Trading Review

It is that time of the month again when I do my trading performance review.  However, I did not make any trade this month.  Not because I was procrastinating, but I spent all of my time this month to work on my quantitative projects.  This review will be a recap of my backend trading development. [...]
Also posted in Self Assessment | Tagged monthly review | Leave a comment

Ranking investment options for my self-directed RRSP

If the idea of handing your RRSP contributions over to a sales person (a.k.a. financial advisor) at a bank isn’t appealing to you, then it is time to consider your investment choices.  I am about to contribute for the first time ever into my RRSP this year.  So I performed my due diligence by researching [...]
Also posted in Trading Strategy | Tagged Canada, RRSP, tax | 1 Comment

What is your trading process?

Here is mine in a UML workflow diagram. How does it compare to yours?
Also posted in Trading Strategy | Tagged UML, workflow | Leave a comment

Why should I care about other markets if I only trade ___?

A benefit of having traded different markets and instruments is that I  have gained different perspectives on the capital markets.  I realize that all markets are ultimately related.  Rather it is fundamental, technical, or quantitative analysis, traders are essentially analyzing the supply and demand of the instrument that they are trading.  But supply and demand [...]
Also posted in Trading Signal | Tagged intermarket analysis | 1 Comment

February 2010 Trading Performance Review

I barely traded this month.  The total number of trades in February for my forex demo account is ten.  That’s far from my regular 150 – 250 trades a month.  Ever since my trading system was broken because of technical difficulties, I’ve changed my priorities in trading.  I spent most of my time in February [...]
Also posted in Self Assessment | Tagged monthly review | 1 Comment

On reactive trading and why I don’t make market forecasts anymore

It seems to me that the popular trading blogs have one thing in common.  They all make some form of forecasts about the market, or even better, calling out to a particular stock or currency pair.  My guess is that there’s a lot more people looking for trading ideas for quick profits than actually interested [...]
Also posted in Trading Strategy | Tagged market analysis, reactive trading | Leave a comment

What aspiring traders can learn from an Olympic athlete

Tales of great traders like Jesse Livermore, Paul Tudor Jones, or George Soros are inspirational. But there may come a time when a trader look at their trading performance over the years and say to themselves, “Why am I wasting my time with these average returns? I could never be like them!” For amateur traders [...]
Also posted in Self Assessment | Tagged motivation | Leave a comment