There are many metrics you can use to evaluate a trading system’s performance. Too many, perhaps. You may be wondering how an automated system’s drawdowns weigh-in against its annual ROI, or whether the MAR ratio might provide a clearer picture
Newsletter – Sep 2019
Upcoming Government Reports & Holidays Aug 01 LABOR DAY HOLIDAY Sep 02 CONSTRUCTION SPENDING REPORT Sep 03 FOREIGN TRADE REPORT Sep 04 QUARTERLY FINANCIAL REPORT Sep 04 US INTERNATIONAL TRADE IN GOODS & SERVICES REPORT Sep 05 MANUFACTURERS’ SHIPMENTS,
Using the Micro Dow’s Size to Leverage Larger Profit Potential
Experienced traders understand that money management can be used to attempt to enhance profit potential while also strategizing to manage potential losses. Many traders assume that measuring your position size risks is just a “defensive” component of their money management
Order Flow Series: Speed, Limit Orders, and the Other Side of Order Flow
In our previous two installments of our order flow series, we’ve covered the way order flow works and how to take advantage of the imbalances within the order flow process. In this installment, we’ll cover the other side of order
Day Trading the Opening Range Breakout in Today’s Digital Markets
Nearly three decades ago, right before the advent of 24-hour online markets, digital finance, dancing baby videos, and fake news memes, commodity markets actually closed for the day. This meant that if you wanted to trade, you had to wait
Two Bottoming Opportunities in Crude Oil
Predicting market bottoms (and tops) can be extremely difficult and at times nearly impossible. But waiting for a bottoming formation might make it easier for traders to identify a tradeable setup. It’s important not to confuse the two–predicting a bottom
Newsletter – Aug 2019
Upcoming Government Reports & Holidays Aug 01 CONSTRUCTION SPENDING REPORT Aug 02 EMPLOYMENT SITUATION REPORT Aug 02 FOREIGN TRADE REPORT Aug 02 MANUFACTURERS’ SHIPMENTS, INVENTORIES & ORDERS REPORT Aug 02 US INTERNATIONAL TRADE IN GOODS & SERVICES REPORT Aug
Order Flow Series: Taking Advantage of Order Flow Trade Imbalances
In last week’s post, we covered the basic mechanics of an order book as viewed in a DOM. The only setback in following order flow from a DOM is that once the order has been filled, the numbers change and
Order Flow Series: Understanding Order Flow & How It Might Indicate Market Movement
Over the last few years or so, “order flow” has become something of a new buzzword in retail trading circles. It’s almost as if there’s an air of mystery surrounding the idea, a code that (once deciphered) might give one
Classic Falling Wedge Swing Trade in Corn Futures (ZC)
Corn futures may not be among the most popular of instruments for short-term trading. But there are times when the less popular markets present the clearer trading opportunities. It’s a matter of thinking differently from the crowd and seeking opportunities