Context is King For the Discretionary Trader
popdoc2011-01-31T02:30:17+00:00This blog entry was inspired by an article I just read by James Dalton, father of Market Profile. I often talk about the importance of context. In some of my
This blog entry was inspired by an article I just read by James Dalton, father of Market Profile. I often talk about the importance of context. In some of my
If you’ve read my other blogs you know about the dirty little secret in trading, and that it’s not the entries, but the exits that makes a trader consistent. And
I’ve previously written about how trading is not about predicting. Trading is about creating a hypothesis or following an idea where we determine how much we are willing to lose
I’ve wanted to write something about stress and trading for a while, and there are many directions I could go in. I decided to not go in the direction of
Take a moment to thoughtfully and honestly consider what is the greatest drag on your P&L. Is it the market itself, as in a chop, trend, or sideways? Is it