Many retail traders are unaware that market makers frequently work both the bid and ask at the same time. In this post, I explain why these moments occur and why one should try to avoid trading when it’s obvious this is happening. Note: the “whipsaw chop” action I describe in this post frequently takes place […]
Anticipating Market Orders – Trading defined in 3 words
Anticipating market orders – the concept is very simple and easy to understand yet most traders do not contemplate it nearly enough, especially when they want something to happen and nothing is happening. Experienced traders may find this blog a bit elementary but there are many new traders who don’t fully comprehend this concept and […]
Welcome to the Jungle
My nephew sent me a text this morning (March 9th early). “Watching the markets. This is insane.” My response. “This is why you should never be exposed overnight. The wolves eat you when you’re sleeping.” Our exchange prompted the idea for this post. I thought I’d write a post which might help my customers understand […]
What’s the time?
It’s time to get ill…(80s reference) One of the main problems most traders have is discipline. You’ve heard it. You know it. Everyone says it. It’s true. But how do you deal with it? How does one exterminate that psychological beast known as “boredom”? How does one eliminate the urge for “revenge trading” and the […]
Adjusting to changes in liquidity and volatility
In the past three months, I’ve received a lot of emails which all asked the same question. “Why isn’t the liquidity returning to treasuries?” Most people thought the change had something to do with the summer months usually being a bit slower than the rest of the year but this is not the case. Markets […]