Hi Mike, First of all, I want to thank you for being such a great mentor. I’ve learned so much by reading SMB Capital blogs. I’m currently working a full time job as a Mechanical engineer and have taken trading four years ago, fascinated by this machine we call Mr Market. Obviously due to my day time job, I consider … Read More
We are forgetting one important change in our economy
1. As @jheil said on Morning Joe yesterday, “The Yankees suck.” 2. Are we undervaluing an important positive change to our economy? That being: it has never been better to start a small business. If you talk to some of the biggest HFs in the US they are all preparing uniquely for the US fiscal cliff. Worse yet the perfect … Read More
The happier Toronto trader
I am an hour away from my presentation at Quant Invest Canada and instead of preparing I thought I would share some thoughts from a few meetings with Canadian traders with whom I met. I take the Coach K approach to presentations. If you cannot get up there and speak on a subject without notes then they probably should not … Read More
Bon voyage to Paris to become a better trader
Bojour. I am flying through some nasty turbulence from southern France to Paris to catch my connecting flight back to NYC. I land, drop off our bags and my wife, grab a few hours of sleep and then head back to the airport for a flight to Toronto. I am the chairman and a presenter at Quant Invest Canada 2012 … Read More
Forex Trading Room Recap 10/10/12
In this segment Marc Principato, CMT analyzes the 1 minute EUR/USD chart. He points out why it is so important to have the patience to wait for the 3 elements of a setup: Level, Pattern and Confirmation. — Marc Principato, CMT Risk Disclaimer *No Relevant Positions
What Does “Results Oriented” Mean To You?
In the forex world, there are many educators. Some are very well known, well funded, offer nice presentations and charge a lot of money for training. Then there are the lesser known, maybe less produced traders who offer their wisdom, tools and techniques for much lower prices. Then of course like in any other business you have outright marketers who … Read More
What is Your Advice for Trading Success?
Bonjour! During some down time in Paris I met with an FX trader and later a broker who wanted to be a trader. Both spoke English but admittedly not as well as they would have liked. At times it was difficult to communicate. When we got really stuck I just wrote down my major points in English and let them … Read More
Three Ways to Identify a Choppy Market
Not all trading days are created equal. As much as we would like to walk into an exciting market each day, we need to look beyond our impulses and really pay attention to the subtle hints that the market offers each day in terms of what kind of day it can turn out to be. It’s important to have an … Read More