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- #1
- First Post: Jul 15, 2017 11:23am Jul 15, 2017 11:23am
- | Membership Revoked | Joined Nov 2005 | 1,429 Posts
- #2
- Jul 15, 2017 11:26am Jul 15, 2017 11:26am
- | Membership Revoked | Joined Nov 2005 | 1,429 Posts
An Introduction to Portfolio Investing (https://orderflowtrading.com/Articles/Post/1200/An-Introduction-to-Portfolio-Investing)
Tired of Timing the Market All the Time?
Check out An Introduction to Portfolio Investing (https://orderflowtrading.com/Articles/Post/1200/An-Introduction-to-Portfolio-Investing)
Tired of Timing the Market All the Time?
Check out An Introduction to Portfolio Investing (https://orderflowtrading.com/Articles/Post/1200/An-Introduction-to-Portfolio-Investing)
- #3
- Jul 15, 2017 11:29am Jul 15, 2017 11:29am
- | Membership Revoked | Joined Nov 2005 | 1,429 Posts
How to Create a Portfolio in Excel (https://orderflowtrading.com/Articles/Post/1204/How-to-Create-a-Portfolio-in-Excel)
In the previous article, we introduced the concept of portfolio trading as a way to diversify your funds away from the day to day noise and stress of active trading. We also covered the basics on how to formulate your objectives and your initial asset allocation. In this article, we will take the discussion a step further and illustrate how to create an efficient portfolio using Microsoft Excel or OpenOffice.
Learn How to Create a Portfolio in Excel (https://orderflowtrading.com/Articles/Post/1204/How-to-Create-a-Portfolio-in-Excel)
In the previous article, we introduced the concept of portfolio trading as a way to diversify your funds away from the day to day noise and stress of active trading. We also covered the basics on how to formulate your objectives and your initial asset allocation. In this article, we will take the discussion a step further and illustrate how to create an efficient portfolio using Microsoft Excel or OpenOffice.
Learn How to Create a Portfolio in Excel (https://orderflowtrading.com/Articles/Post/1204/How-to-Create-a-Portfolio-in-Excel)
- #4
- Jul 15, 2017 11:32am Jul 15, 2017 11:32am
- | Membership Revoked | Joined Nov 2005 | 1,429 Posts
Price Action Patterns (https://orderflowtrading.com/Articles/Post/1234/Price-Action-Patterns)
Price patterns are visual representations of human behavior and occur often and in similar form because human psychology doesnt change. Every price print, bar, or candlestick is formed because of decisions that have been made by active participants in the market at that point in time. As traders studied charts over time, they noticed certain patterns repeating and have developed strategies to make their own trades based on these patterns.
In todays markets, many traders use price patterns as entry signals and thus create strong order flow that we, as order flow traders, can use to our advantage. Because our goal is to metagame the participants that use this style of trading, its important that we stick to the most popular and widely used patterns. Well be looking at the 5 major price action patterns that have found their way into current market lore.
Discover the important Price Action Patterns (https://orderflowtrading.com/Articles/Post/1234/Price-Action-Patterns)
Price patterns are visual representations of human behavior and occur often and in similar form because human psychology doesnt change. Every price print, bar, or candlestick is formed because of decisions that have been made by active participants in the market at that point in time. As traders studied charts over time, they noticed certain patterns repeating and have developed strategies to make their own trades based on these patterns.
In todays markets, many traders use price patterns as entry signals and thus create strong order flow that we, as order flow traders, can use to our advantage. Because our goal is to metagame the participants that use this style of trading, its important that we stick to the most popular and widely used patterns. Well be looking at the 5 major price action patterns that have found their way into current market lore.
Discover the important Price Action Patterns (https://orderflowtrading.com/Articles/Post/1234/Price-Action-Patterns)
- #5
- Jul 15, 2017 11:37am Jul 15, 2017 11:37am
- | Membership Revoked | Joined Nov 2005 | 1,429 Posts
Being better than a “professional coin flipper” (https://orderflowtrading.com/Articles/Post/1233/Being-better-than-a-professional-coin-flipper)
What is an Edge?
How can you find one?
Where do you start in your search for one?
Shall you stop once you found one?
How can you readily quantify your edge?
And how many edges can the marketplace host at any one time?
A trader's edge is what defines his style and ultimately what differentiates his decision-making process from a coin toss. It's his material advantage.
Sharpen your edge by Being better than a “professional coin flipper” (https://orderflowtrading.com/Articles/Post/1233/Being-better-than-a-professional-coin-flipper)
What is an Edge?
How can you find one?
Where do you start in your search for one?
Shall you stop once you found one?
How can you readily quantify your edge?
And how many edges can the marketplace host at any one time?
A trader's edge is what defines his style and ultimately what differentiates his decision-making process from a coin toss. It's his material advantage.
Sharpen your edge by Being better than a “professional coin flipper” (https://orderflowtrading.com/Articles/Post/1233/Being-better-than-a-professional-coin-flipper)
- #6
- Jul 15, 2017 11:41am Jul 15, 2017 11:41am
- | Membership Revoked | Joined Nov 2005 | 1,429 Posts
How to Build a Trading Position Properly (https://orderflowtrading.com/Articles/Post/1219/How-to-Build-a-Trading-Position-Properly)
What is trading all about? The short answer could be something like “pushing your luck when you're right, and making sure you bail as soon as possible when you're wrong”. The phrase “pushing you luck” actually has a literal translation in trading: pressing a trade. Over the long run, it's difficult to keep a 70 to 80% batting average. One way to secure yourself some leeway is to maximize your efforts when things are going well, so that you can survive the less than stellar periods. In this article, we shall explore some logical ways to compound a position. It doesn't happen often, but when an asset starts to shift through the gears, it only takes 1 or 2 well-compounded positions per year to generate an above average profit.
Forge your trading empire when you know How to Build a Trading Position Properly (https://orderflowtrading.com/Articles/Post/1219/How-to-Build-a-Trading-Position-Properly)
What is trading all about? The short answer could be something like “pushing your luck when you're right, and making sure you bail as soon as possible when you're wrong”. The phrase “pushing you luck” actually has a literal translation in trading: pressing a trade. Over the long run, it's difficult to keep a 70 to 80% batting average. One way to secure yourself some leeway is to maximize your efforts when things are going well, so that you can survive the less than stellar periods. In this article, we shall explore some logical ways to compound a position. It doesn't happen often, but when an asset starts to shift through the gears, it only takes 1 or 2 well-compounded positions per year to generate an above average profit.
Forge your trading empire when you know How to Build a Trading Position Properly (https://orderflowtrading.com/Articles/Post/1219/How-to-Build-a-Trading-Position-Properly)
- #7
- Jul 15, 2017 11:44am Jul 15, 2017 11:44am
- | Membership Revoked | Joined Nov 2005 | 1,429 Posts
When to Follow vs. When to Fight (https://orderflowtrading.com/Articles/Post/1216/When-to-Follow-vs-When-to-Fight)
Here at the Order Flow Trading Academy, we talk a lot about sentiment, and we also talk a lot about the fact that FX is probably the most complex asset class to analyze and trade. In this article, we're going to bring forth a possible explanation of why this may be, and propose a time-tested routine on how to stay focused and find your way around FX.
Stay alive and thrive by knowing When to Follow vs. When to Fight (https://orderflowtrading.com/Articles/Post/1216/When-to-Follow-vs-When-to-Fight)
Here at the Order Flow Trading Academy, we talk a lot about sentiment, and we also talk a lot about the fact that FX is probably the most complex asset class to analyze and trade. In this article, we're going to bring forth a possible explanation of why this may be, and propose a time-tested routine on how to stay focused and find your way around FX.
Stay alive and thrive by knowing When to Follow vs. When to Fight (https://orderflowtrading.com/Articles/Post/1216/When-to-Follow-vs-When-to-Fight)
- #8
- Edited 12:17pm Jul 15, 2017 11:48am | Edited 12:17pm
- | Membership Revoked | Joined Nov 2005 | 1,429 Posts
Trading Through Anxiety (https://orderflowtrading.com/Articles/Post/1213/Trading-Through-Anxiety)
Trading is a very difficult job, not only because of the technical requirements but also because of the mental toughness and discipline it requires. As traders we are constantly making decisions and we hope for the best outcome knowing that the worst outcome might materialize instead.
In a decision context, such unpredictability or uncertainty can evoke threat-related information processing biases and emotional responses in our body, which systematically alter decision making.
In behavioral economics, two forms of uncertainty are distinguished that influence human decision making in a suboptimal manner. The first form, risk, refers to a choice in which there are multiple potential outcomes with known or calculable probabilities. A second form of uncertainty, ambiguity, refers to a decision context in which there are multiple possible outcomes with unknown probabilities. In trading, we confront both of these situations and in this article we shall explore ways to cope with them and trade through anxiety.
Maximize your returns while Trading Through Anxiety (https://orderflowtrading.com/Articles/Post/1213/Trading-Through-Anxiety)
Trading is a very difficult job, not only because of the technical requirements but also because of the mental toughness and discipline it requires. As traders we are constantly making decisions and we hope for the best outcome knowing that the worst outcome might materialize instead.
In a decision context, such unpredictability or uncertainty can evoke threat-related information processing biases and emotional responses in our body, which systematically alter decision making.
In behavioral economics, two forms of uncertainty are distinguished that influence human decision making in a suboptimal manner. The first form, risk, refers to a choice in which there are multiple potential outcomes with known or calculable probabilities. A second form of uncertainty, ambiguity, refers to a decision context in which there are multiple possible outcomes with unknown probabilities. In trading, we confront both of these situations and in this article we shall explore ways to cope with them and trade through anxiety.
Maximize your returns while Trading Through Anxiety (https://orderflowtrading.com/Articles/Post/1213/Trading-Through-Anxiety)
- #9
- Jul 15, 2017 12:22pm Jul 15, 2017 12:22pm
- | Membership Revoked | Joined Nov 2005 | 1,429 Posts
How to Specialize (https://orderflowtrading.com/Articles/Post/1212/How-to-Specialize)
When members of our Live Trader Chatroom ask, “What's the best way to use the order flow and sentiment concepts?” they usually get hit with an answer that they do not expect. The answer goes something like this: “It depends on your personal way of approaching the market.” In this article we shall try to explain better what exactly we mean. The fact is that everyone tries to play the trading game “correctly,” either from buying on strong sentiment, buying pullbacks or shorting the rallies, fading the gaps, or whatever it may be. That’s all fine and good, but the real question that needs to be asked is, “Do we play the right game for ourselves?"
Learn How to Specialize (https://orderflowtrading.com/Articles/Post/1212/How-to-Specialize)
When members of our Live Trader Chatroom ask, “What's the best way to use the order flow and sentiment concepts?” they usually get hit with an answer that they do not expect. The answer goes something like this: “It depends on your personal way of approaching the market.” In this article we shall try to explain better what exactly we mean. The fact is that everyone tries to play the trading game “correctly,” either from buying on strong sentiment, buying pullbacks or shorting the rallies, fading the gaps, or whatever it may be. That’s all fine and good, but the real question that needs to be asked is, “Do we play the right game for ourselves?"
Learn How to Specialize (https://orderflowtrading.com/Articles/Post/1212/How-to-Specialize)
- #10
- Jul 15, 2017 12:25pm Jul 15, 2017 12:25pm
- | Membership Revoked | Joined Nov 2005 | 1,429 Posts
The Perfect Trade (https://orderflowtrading.com/Articles/Post/1210/The-Perfect-Trade)
Are you trying to become the perfect trader and trade anything and everything? Are you trying to get that “perfect entry” ? Are you trying to dream up the “perfect strategy”? Are you constantly waiting for the “Perfect Trade” that will solve all your financial problems? Look around you: are you in the perfect house? Do you drive the perfect car? Do you eat perfectly cooked meals? Know this: your quest for perfection is a mental trap. It can be detrimental to your health and your wealth, so pull up the perfect chair and read through.
Beware the chase for The Perfect Trade (https://orderflowtrading.com/Articles/Post/1210/The-Perfect-Trade)
Are you trying to become the perfect trader and trade anything and everything? Are you trying to get that “perfect entry” ? Are you trying to dream up the “perfect strategy”? Are you constantly waiting for the “Perfect Trade” that will solve all your financial problems? Look around you: are you in the perfect house? Do you drive the perfect car? Do you eat perfectly cooked meals? Know this: your quest for perfection is a mental trap. It can be detrimental to your health and your wealth, so pull up the perfect chair and read through.
Beware the chase for The Perfect Trade (https://orderflowtrading.com/Articles/Post/1210/The-Perfect-Trade)
- #11
- Jul 15, 2017 12:29pm Jul 15, 2017 12:29pm
- | Membership Revoked | Joined Nov 2005 | 1,429 Posts
Reflexivity vs. Orderflow Mindset (https://orderflowtrading.com/Articles/Post/1208/Reflexivity-vs-Orderflow-Mindset)
After a few very pragmatic articles, we are going to face a more theoretical question this time. In particular, we are going to attempt to understand more about the Orderflow Mindset by comparing it to another very interesting mindset and theory: Reflexivity.
Why is this important to the common trader? Every trader/investor must have a “world view,” a philosophy of why things work the way they work, and therefore a way of discerning exuberance and/or wishful thinking. If you can think objectively and be a keen observer of what happens in the markets, you will gain an edge over those who get so caught up in their thinking that they start to draw conclusions out of thin air.
Having a mindset, and understanding that mindset, gives you an edge.
George Soros' Reflexivity vs. Orderflow Mindset (https://orderflowtrading.com/Articles/Post/1208/Reflexivity-vs-Orderflow-Mindset)
After a few very pragmatic articles, we are going to face a more theoretical question this time. In particular, we are going to attempt to understand more about the Orderflow Mindset by comparing it to another very interesting mindset and theory: Reflexivity.
Why is this important to the common trader? Every trader/investor must have a “world view,” a philosophy of why things work the way they work, and therefore a way of discerning exuberance and/or wishful thinking. If you can think objectively and be a keen observer of what happens in the markets, you will gain an edge over those who get so caught up in their thinking that they start to draw conclusions out of thin air.
Having a mindset, and understanding that mindset, gives you an edge.
George Soros' Reflexivity vs. Orderflow Mindset (https://orderflowtrading.com/Articles/Post/1208/Reflexivity-vs-Orderflow-Mindset)
- #12
- Last Post: Jul 15, 2017 12:32pm Jul 15, 2017 12:32pm
- | Membership Revoked | Joined Nov 2005 | 1,429 Posts
Why Traders Fail (https://orderflowtrading.com/Articles/Post/1209/Why-Traders-Fail)
There have been literally thousands of articles written on this subject with thousands of different answers. Why do newcomers fail at trading? In this article, I'll give my own answer which is primarily based on the sheer volume of learning required. Put simply, that learning comes from surviving and becoming educated over a very long time. All of this leads us to a bigger question: How can you survive long enough to prosper?
Success is easy when you understand Why Traders Fail (https://orderflowtrading.com/Articles/Post/1209/Why-Traders-Fail)
There have been literally thousands of articles written on this subject with thousands of different answers. Why do newcomers fail at trading? In this article, I'll give my own answer which is primarily based on the sheer volume of learning required. Put simply, that learning comes from surviving and becoming educated over a very long time. All of this leads us to a bigger question: How can you survive long enough to prosper?
Success is easy when you understand Why Traders Fail (https://orderflowtrading.com/Articles/Post/1209/Why-Traders-Fail)