Category: General

Master The Runner

Posted on by The INO.com Team

Today the Trader's Blog is welcoming back Marc Nicolas of TradingEmini.com. In previous posts Marc has shared invaluable trading concepts as well as tips on technical analysis. Today will be no different as he discusses the  concept of using a runner to break up lots and control risk. If you like this post be sure to join Marc and the TradingEmini.com staff for a special webinar for INO users next Wednesday, click here for more information.

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To make serious money trading while controlling your risk, you need to master “the runner.” The runner is the percentage of a position which you keep open for as long as possible when the trade moves in your direction. It’s one pillar of the fundamental trading maxim, “cut losses fast, let profits run.” Sounds easy, however applying the runner principle is challenging. To understand why, we’ll look at how the most minimalist trade, buying one contract or share, can be sub-optimal. Continue reading "Master The Runner" →

Gold and the New Technical Triad

Posted on by The INO.com Team

Today's guest is Gary Wagner featured Trend TV author and founder of Wfgforex.com. Gary is going to share with us part 3 of his  "Gold and the New Technical Triad" with traders blog readers. Be sure to comment with your thoughts on the gold market.

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Gold which has been trading higher the past few weeks is, I believe, is in a correction within a corrective phase. That is to say it is going against the short term trend as it moves higher. I am fundamentally extremely bullish on gold, and in fact believe that it will surpass 1265 and trade to 1300 an ounce. However, before we get there I think we will need to weather one last correction.

In this, part three of a blog I began on may 13, 2010, we've followed gold as it now enters the final portion of this corrective phase. I believe that in the proper hands, wave theory will provide genuine and relevant market insights, and in the wrong hands will enable a lot of skeptic’s added reasons to doubt this technique. For those who have are skeptical about the relevance of Elliot wave, I hope that this blog might cause you to re-examine this technique again.

Continue reading "Gold and the New Technical Triad" →

Who REALLY Pays When Trading Discipline is Broken?

Posted on by The INO.com Team

Norman Hallet of  The Disciplined Trader has long been touting just that, discipline in trading. Today Norman shares an experience that I have a feeling many traders can relate to on many levels. Perhaps you've had a game plan, but panicked and couldn't stick to it when things were looking down, or maybe even up? Either way, I think you'll enjoy a peek into his mind and learn something from his perspective that you can apply to your own trading.

We hope you enjoy the article and if you have a moment, share your own experience in our comments section.

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Dawn is just breaking and a few early birds are chirping their little heads off. I let the dogs out for some overnight relief and get the coffee started.

I walk past the TV-tempted to turn it on and see what new disaster or murder took place overnight - but stick to the plan.

I walk over to the small waterfall I had constructed in the breakfast room and turn the pump on and the soothing sound of water gently cascading over artificial falls fills the small room overlooking the garden. Continue reading "Who REALLY Pays When Trading Discipline is Broken?" →

How to Keep Your Profits Flowing in a Volatile Market

Posted on by The INO.com Team

Chuck Hughes' recent guest post received such a phenomenal response from Trader's Blog readers that we decided to bring him back for weekly wrap-up. Today Chuck is going to tell us about a basic trick he uses in volatile markets. Be sure to comment with your thoughts on how to play volatile markets and visit Chuck at Wealth Insider Alliance.

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Since this continues to be the 'year of volatility', let's take a look at how you can continue to go for consistent profits without being stopped out – or wiped out – by whipsaws.

In market conditions like these, I rely on two primary trend indicators... Continue reading "How to Keep Your Profits Flowing in a Volatile Market" →

Day Trading and Automation

Posted on by The INO.com Team

At INO.com, we regularly receive questions about completely automated trading or “Black Box” systems. To shed a little light on these complex robotic trading systems is today’s guest, Todd Mitchell, from Trading Concepts. Be sure to comment with ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------

I received an interesting e-mail today asking me about a particular futures trading system. The writer wanted to know if I knew of a futures trading system was fully mechanical and automated. I should point out that there are automated or “black box” trading systems employed by large hedge funds and other large trading groups, but I have never come across a fully automated futures trading system suitable for individual traders seeking to day trade the futures markets.

Of course, there are a slew of Forex robots on the market today, and the trading results from these robots have been mixed, at best. In my opinion, this type of question regarding futures day trading is the result of the spillover effect from the Forex trading groups. But I think that this request reflects an even deeper question being considered by new traders as they are entering the futures markets.

What sort of question do you think I am considering? Continue reading "Day Trading and Automation" →