Published in February 15th, 2010
I am taking off Monday Feb 15 - it’s Chinese New Year in my part of the world; and President’s Day in the USA.
We ought to see a quiet day in the markets.
Refer this blog post to a friend or colleague…
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Published in February 11th, 2010
BarroMetrics Views: Trading Competitions
Once before I took part in a trading competition, the FXFutures.com. On that occasion, I played the role of position-sizing manager for A Wang. Trading in a competition is very different from trading for a living. The strategy is to gain maximum return (at least 50% and you’ll probably need around 200% […]
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Published in February 10th, 2010
BarroMetrics Views: Capitalism to Blame for Sub-Prime? II
In yesterday’s blog, I considered how good intentions can have unintended consequences when they come in the form of a social agenda and are enforced by law. The US attempt at providing an universal health system paid for the taxpayer seems to me to be another such ‘good […]
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Published in February 9th, 2010
BarroMetrics Views: Capitalism to Blame for Sub-Prime?
If a Government inflates its money supply, at some point, the piper will be paid in the form of a burst bubble. But, the shape the bubble will take, has it roots in the environment in which it occurs. For example, why sub-prime and not a tulip bubble?
In ‘Architects […]
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Published in February 9th, 2010
Cross ref from Idkit
Ray on Squawk Australia
February 9, 2010 at 1:37 pm (Uncategorized)
Ray with Oriel in Squawk Australia on CNBC Sydney today:
Expect a 10%-17% drop in the Dow this year, says Ray Barros, CEO at Ray Barros Trading. He speaks to Simon Robinson, portfolio manager at Wilson HTM and CNBC’s […]
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Published in February 8th, 2010
BarroMetrics Views: Barriers to Success Patterns III
This is the final in the series. To date we have identified the barriers, and have suggested solutions for the trader who cannot pull the trigger. Today we have a look at solutions at the trader who enters without forming a risk management plan - before or after entry.
I […]
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Published in February 5th, 2010
Here are the expectations for tonight 8:30 am EST:
—————————————- Consensus Consensus Range
Nonfarm Payrolls 0 -40,000 to 75,000
Unemployment Rate - Level 10.1 % 9.9 % to […]
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Published in February 5th, 2010
BarroMetrics Views: Barriers to Success Patterns II
Yesterday we identified the main patterns that identify barriers to success. Today, I want to consider possible solutions.
Bottom line: the solution must result in behavioural change. But, it is useful to identify the source of the issue. In the case of first category, the trader who is reluctant to […]
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Published in February 4th, 2010
BarroMetrics Views: Barriers to Success Patterns
I have been coaching traders to achieve their trading success since the mid-90s. I am still learning new methods of passing on information - the upcoming High Performance Program is a direct result of adapting the recent advances in Neurology to trading education. If the first public endeavour is anywhere […]
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Published in February 2nd, 2010
BarroMetrics Views: Mechanical and Discretionary Trading
If I were asked what is the main difference between the mechanical and discretionary trader, I’d answer: “The importance of context”. For the mechanical trader it’s a question of see ‘a setup and trigger’ (’see a trade’), take a trade; the discretionary views a setup in its context.
Gold has served […]
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