Oil N' Gold - Resources for Serious Traders
What Can We Expect From Low Volatility Markets? Print E-mail
Tutorials | Articles | Written by Brett N. Steenbarger |
My recent research has shown that there is a close relationship between the pricing of option premiums and future stock market volatility. Specifically, when the VIX has been low, we've seen lower volatility among stocks going forward.
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Three Ways to Develop Your Trading Print E-mail
Tutorials | Articles | Written by Brett N. Steenbarger |
A brokerage firm exec recently talked with me about the educational needs of new traders. What do new traders need to succeed? How can we improve upon the ratio of traders who succeed to those who blow out of their accounts within months?
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Addictive Trading Print E-mail
Tutorials | Articles | Written by Brett N. Steenbarger |
What I love most about trading is that it exercises the brain and the will. It involves ongoing analysis and problem solving, and it requires the steady development of performance-based skills. I'm sure serious players of chess and poker enjoy similar benefits. Talk to any successful athlete and you'll find someone who has cultivated themselves, not just their bodies.
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What to Look For in a Trading Firm Print E-mail
Tutorials | Articles | Written by Brett N. Steenbarger |
Every week I hear from traders interested in affiliating with a trading firm. They recognize that such affiliation provides them with deeper access to capital, a greater variety of trading tools and technologies, lower commissions, and the benefits of interaction with other successful traders.
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Developing Your Trading Ideas With Web 2.0 Tools Print E-mail
Tutorials | Articles | Written by Brett N. Steenbarger |
In a recent blog post, I noticed that, in the wake of the market selloff on the election news, alternative energy stocks such as Ballard Power Systems (BLDP) were rallying sharply. That observation early in the trading day made for a very nice daytrade. It might, however, also frame a worthwhile longer-term idea for investment. How can we research the idea's potential?
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Do Opening Gaps Tend to Fill? Print E-mail
Tutorials | Articles | Written by Brett N. Steenbarger |
The difference between the market's opening price and its previous day's close forms a gap on a bar chart. Does this gap tend to fill in during the next day's price action? That is, when we open with a gap lower or higher, do prices subsequently move back to the prior day's close?
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Three Market Idiots Print E-mail
Tutorials | Articles | Written by Brett N. Steenbarger |
There are three varieties of idiots in the market you're likely to encounter during your trading career. Contemplating the above truth from the great site of Despair, I thought I'd give you a heads up, so you can avoid these laggards in the great Darwinian race. You see, social success is not so different from trading success: you ride your winners and dump your losers. And, trust me, these three are not ones you want to ride:
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The Devon Principle Print E-mail
Tutorials | Articles | Written by Brett N. Steenbarger |
You've probably gathered by now that our children serve as the inspiration for several of my posts. Daughter Devon attuned me to the Ewwww! Factor, and son Macrae was our companion on the Cross-Cultural Journey. Yesterday's lesson from Devon, however, might have provided the best insight of all.
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Three Relentless Steps You Can Take Now Toward Becoming a Better Trader Print E-mail
Tutorials | Articles | Written by Brett N. Steenbarger |
One of the goals of my book Enhancing Trader Performance was to figure out what makes successful performers tick - in any field of endeavor. What I learned in researching the field was that talent - inborn abilities - are necessary for success, but not sufficient.
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What You Can Learn From the Opening Minutes of Trading Print E-mail
Tutorials | Articles | Written by Brett N. Steenbarger |
Is today likely to be a trending day or a range bound day? Are we likely to see volatile price action or slow meandering? Are we likely to test recent highs or lows? All of these are important questions for short-term traders as they begin their days.
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Gurdjieff, Turtles, and Trading Print E-mail
Tutorials | Articles | Written by Brett N. Steenbarger |
Most posts about trading, mine included, are about doing: what to do, what not to do. This is a post about how to do. This is an important post.
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