Thursday, December 17, 2015

A Good Trader Always Seeks to Improve - Our Top Lessons of 2015

A Good Trader Always Seeks to Improve - Our Top Lessons of 2015


A Good Trader Always Seeks to Improve - Our Top Lessons of 2015

Posted: 17 Dec 2015 02:00 PM PST

A good trader never stops learning, and every mistake is another potential learning experience. Here are some of the top lessons our analysts learned, absorbed or suffered from our personal trading in 2015.

Trading Lesson of 2015: Be Willing to Step Outside Your Comfort Zone

Posted: 17 Dec 2015 02:00 PM PST

Adjust your strategy to market conditions, or risk sitting on the sidelines for an unknown period – perhaps longer than you’d like.

Trading Lesson of 2015: Look Before You Jump, not When You Jump

Posted: 17 Dec 2015 02:00 PM PST

Nothing is more important than planning your trade and trade plan. But once you’ve done all of the necessary preparations, don’t overthink—look before you jump, not WHEN you jump.

Trading Lesson of 2015: Beware of Stretched Market Expectations/Positions

Posted: 17 Dec 2015 02:00 PM PST

Be careful of over-stretched market expectations due to diverging global monetary policy, as the global easing cycle seems to approach an end.

Trading Lesson of 2015: Be Mindful of Sentiment Extremes...Always!

Posted: 17 Dec 2015 02:00 PM PST

Everything seems most bullish at market tops and bearish at market bottoms. Keep this in mind and you stand a better chance of avoiding major sentiment extremes.

Trading Lesson of 2015: Know What You Don’t Know

Posted: 17 Dec 2015 02:00 PM PST

Risk management is indispensable under all market conditions—no matter how clear a trade opportunity may seem. Be alert to what you know and, more importantly, what you don’t.

Trading Lesson of 2015: A Pinch of Patience

Posted: 17 Dec 2015 02:00 PM PST

Acting patiently and trading with a free mind—devoid of market noise—can allow you to find higher-probability trading opportunities.

Trading Lesson of 2015: Stick with the Plan

Posted: 17 Dec 2015 02:00 PM PST

If you find it increasingly difficult to make trade decisions, the solution can be straightforward—make a plan and stick to it.

Trading Lesson of 2015: Never Judge a System on a Long Streak – Winning or Losing

Posted: 17 Dec 2015 02:00 PM PST

It’s easy for a strong winning streak in a given strategy to cloud our judgment. Just remember—any strategy is only as good as its next trade.

Trading Lesson of 2015: Pips Don’t Matter, Money Does

Posted: 17 Dec 2015 02:00 PM PST

Making ‘Pips’ is our top goal, but don’t lose sight of the fact that actual profits matter far more.

Trading Lesson of 2015: Key Fundamental Themes Can and Do Change

Posted: 17 Dec 2015 02:00 PM PST

Once the reality of the market changes, you must change with it. Always remember that the strength of your conviction can severely impact your judgment.

Trading Lesson of 2015: Stop Staring at P&L

Posted: 17 Dec 2015 02:00 PM PST

Don’t let P&L numbers override your judgement in trading.

Trading Lesson of 2015: Staying Too Close to the Market Can Be a Bad Thing

Posted: 17 Dec 2015 02:00 PM PST

Sometimes the best trade to take is no trade at all. It’s important to take a break from markets and not spread yourself too thin.

USD/CAD Retail Crowd Remains Heavily Net-Short Despite Fresh 2015

Posted: 17 Dec 2015 10:05 AM PST

The retail FX crowd remains net-short USD/CAD even as the pair pushes to fresh 2015 highs, with 1.4040 on the radar as the next near-term hurdle.

Forex Trader Positioning Points to Further US Dollar Strength

Posted: 17 Dec 2015 10:00 AM PST

A substantial shift in retail forex positioning warns that the US Dollar may continue higher versus the Euro, British Pound, and Australian Dollar, but watch key risks on USD/CAD.

USDOLLAR Post-Fed Rally Eyes First Hurdle- Bullish Above 12146

Posted: 17 Dec 2015 09:57 AM PST

The FOMC inspired rally fueled a breach of resistance with the greenback well supported while above 12146. Here are the updated targets & invalidation levels that matter.

Gold Prices Forecast to Fall Even Further

Posted: 17 Dec 2015 09:55 AM PST

Aggressively one-sided retail forex trader positions warn that Gold prices may continue to decline through near-term trading.

New Zealand Dollar Outlook Calls for Gains

Posted: 17 Dec 2015 09:55 AM PST

The majority of retail FX traders in our sample remain short the New Zealand Dollar versus the US Dollar, and a contrarian view of crowd sentiment leaves us in favor of buying into NZD/USD gains.

Australian Dollar May Continue Lower versus US Dollar

Posted: 17 Dec 2015 09:55 AM PST

Retail FX traders have bought into recent Australian Dollar weakness against the US Dollar, and the sudden shift in sentiment warns that the AUD/USD may continue lower through near-term trading.

Forex Traders Most Short the USD/CAD Since 2011

Posted: 17 Dec 2015 09:55 AM PST

Retail forex traders have sold aggressively into US Dollar strength versus the Canadian Dollar, and indeed our data shows that traders are at their most net-short since at least 2011. Our data shows there are a whopping 4.2 open positions short for every long—81 percent are short.

British Pound at Risk for Further Declines

Posted: 17 Dec 2015 09:55 AM PST

A sharp decline in the British Pound has been met with similarly aggressive retail FX trader buying, and a contrarian view of crowd sentiment leaves us calling for GBP/USD declines.

Euro Forecast turns Bearish on Post-Fed Tumbles

Posted: 17 Dec 2015 09:55 AM PST

An impressive post-Federal Reserve reversal in the US Dollar has led to a similar turn in retail forex sentiment, and indeed we see risks that the EUR/USD may have set a short-term peak near the $1.1050.

WTI Crude Oil Price Forecast: To the 2008 Low & Beyond?

Posted: 17 Dec 2015 09:50 AM PST

Crude Oil Technical Strategy: Oil August Low Holds As Resistance, Further Downside Ahead. Intermarket Analysis Turns Focus of Price Pressure On US Dollar Strength.

Price & Time: DAX – Was Monday the Retest?

Posted: 17 Dec 2015 08:10 AM PST

DAX rebounds from important technical convergence. Broader bottoming pattern in motion?

Rates are Up but the Road is Long

Posted: 17 Dec 2015 07:14 AM PST

It happened, the Fed finally raised rates, and we're all still here. Nothing has collapsed. Exuberance has come into global equities, but this story is far from over.

No comments:

Post a Comment