Archive | May 20, 2009

The Melding of Old School & High Tech

Coming up through the ranks on the trading floor here in Chicago pretty much set me on a low tech path. Throughout the 80′s and 90′s you didn’t see brokers, pit traders, or any one on their staffs monkeying around with computers.  About the only charting I witnessed down there was the occasional player keeping [...]

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The Traders Work Ethic

When you are in the right place at the right time, trading should be simple. The work is in studying your material and then putting yourself in the right place at the right time so that the process works for you.  I was looking at one of my screens this morning — see screenshot below — and I [...]

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Be Like Spock

With the re-emergence of Star Trek to the screens, I can’t help but think of our friend Dr. Spock, with his calm cool demeanor.  I contrast that with an incident that happened this week that had me nearly blinded with emotion.  I’m sure we are all aware, strong emotions can blind you to other perspectives.  [...]

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