Commercials vs Speculative traders

Commercials are negative-feedback traders; they typically buy on a scale down, and sell on a scale up. But they have double protection from the losses that can mount from holding a position through an adverse move. With the belt and suspender security of deep pockets and offsetting cash positions, commercials can add to a long…

Times to Trade / Psychology

This post is not really complete but I will publish it anyway and can updated over time. Clearly you have to look at the calendar and know what is going on. A lot of the terms are alien to a new trader so it takes a long time to get used to the markets reaction…

Thought of the Day…

50 on Markets “We know that the random element in the market represents at least 40 to 60 percent activity. Therefore, it’s not logical to look at every tick or to think that every tick or every chart formation has meaning. They don’t. There are too many traders trying to look at the markets from…