Published in July 30th, 2010
Cross ref: http://anatrader07.wordpress.com/2010/07/30/pro-bono-publico/
Pro bono publico, usually shortened to pro bono is derived from Latin meaning “for the public good”. The term is generally used to describe professional work undertaken voluntarily and without payment as a public service. It is common in the legal profession and is increasingly seen in marketing, technology, […]
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Published in July 29th, 2010
BarroMetrics Views: The Power of Observation
Many moons ago while watching Pete Steidlmayer trade at his Market Profile boot camp, I was struck by Pete’s observation of price action nuances. What appeared to be the same pattern would mean different things under different contexts. And when I asked Pete about it, I’d get an answer that […]
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Published in July 27th, 2010
BarroMetrics Views: An Interesting Encounter
I had an interesting encounter today. I met a trader with six years trading experience and one year of profitable results. In the course of our conversation, she mentioned she taught that the ideal trade is the momentum trade wherein there is no loss from entry and one that proceeds to […]
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Published in July 26th, 2010
BarroMetrics Views: The Tubbs Model
In the 1920’s Frank Tubbs wrote his much respected Tubbs’ Stock Market Correspondence Lessons. His model of price action remains as valid today as when he wrote it. Figure 1 shows the model. When trading, I start an analysis by asking:
What is the trend of the trader’s timeframe?
Is it likely to […]
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Published in July 24th, 2010
Cross ref;Video clips
http://anatrader07.wordpress.com/2010/07/24/rays-presentation-for-phillips-sgx-today/
Eg Video clip
http://www.youtube.com/watch?v=XouwRmHsXSY
Refer this blog post to a friend or colleague…
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Published in July 23rd, 2010
BarroMetrics Views: A Program for Success
In researching my new book, I have reading about ’success’ in varied fields: from Selling, to Sports, to Business. One common thread is the generic model for success:
Recognize reality - where you are at the moment and where you want to go. What do you need to succeed? What qualities […]
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Published in July 21st, 2010
Woody Allen once said a stockbroker is someone who invests your money until it is all gone. We are conditioned to think an investment is safe and sensible but it is often not the case. The wise man is an investor who shuns wild speculation and abhors foolish gambling.
What about a trader? […]
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Published in July 20th, 2010
BarroMetrics Views: If It Sounds Too Good To Be True
John write:
“Ray, thanks for your blog.
You often say that other time frame traders can only hope for a win rate of around 30% to 60%. Yet I read a book and the dust jacket says - “Selective Forex Trading” skillfully outlines the […]
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Published in July 19th, 2010
BarroMetrics Views” Sitting Through Corrections
Edison asks:
“I read avidly (and trade along) your twitter posts.
But how do you sit through the gyrations of the markets when you have an open profitable position?
I refer to your (excerpted) post: of :
Post Market Comment July 14
Acceptance below 1083 suggests a move to 1072 to 1070
Stops remained unchanged at below […]
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Published in July 16th, 2010
BarroMetrics Views: Deflation, Inflation?
I found last night’s response on CNBC to the PPI number as interesting. The anchors clearly felt that despite all the trillions spent that the US does not have (quantative easing) and the fact that the US debt is 60% of GDP, the danger was deflation, not inflation.
Do they have a point?
For […]
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