TraderCooler

Anyone who knows Schiff would not be surprised by this. He’s been a blinders-on gold bull for a long, long time. It’s safe to say he’s taking his book here and long a truckload of physical gold.

Writing about your trades forces you to think through them a bit more. Has putting pen to paper stopped you from accepting any setups?

This is a great line. Know when to draft. Know when to sprint. Know when to lead. Leading takes work. Your peers deserve your additional effort.

Momentum sells itself. Investors want what’s going higher. They literally ask IAs for that as their sole requirement. That makes FANGs such an easy sell. They know the name and they know it’s been moving higher. They know when they turn on CNBC they’ll hear about those stocks and they want that. They can tell the guy to them “yeah, I own that”. Their basis is secondary.

But they do create opportunity. #BTFD

Without a strict set of rules to adhere to a new trader is throwing darts 🎯. Write down your rules. Run them is simulation. Gut instinct and intuition come with time and experience. Trying to survive on them early is a recipe for disaster.

It’s a proximity based bubble and not market wide. Stock pickers will win the day when broader indices collapse.

Autospreader Rules: Hedge Round

The most basic behavior of Autospreader involves quoting and hedging. When you quote one leg of a spread…

Autospreader Rules

Optimize your quoting and hedging logic with Autospreader Rules. Learn more in this TT Community article. #TTtips