ARTICLE SYNOPSIS ...Stocks & Commodities V. 23:4 (38-41): A Marriage In Artificial Intelligence by D.M. Wong, Ph.D. Can you really make better decisions with more information? Perhaps artificial intelligence has the answer. Find out how you can develop skills to gain control. There are content-drenched websites such as TheStreet.com, CNBC.com, cbsmarketwatch.com, and so many more. Add to these all the subscription-based investing magazines and newsletters that are available. Can there be any doubt about our thirst for information? We tend to assume that people can make better decisions with more information. Th...
BY: D.M. Wong, Ph.D.SUBJECT: Artificial Intelligence
ARTICLE SYNOPSIS ...Stocks & Commodities V. 23:4 (98): At The Close by Jayanthi Gopalakrishnan So far, the 50-day moving average on the Standard & Poor's 500 chart has been acting as a good support level during February (Figure 1). Not only is it acting as a support, it has also showed signs of a slight upward bend. This tells me that I should only go long when trading the e-mini contract. Now it's a matter of waiting till the right opportunity comes. On February 16, 2005, at around 11:07 am (PT), I noticed an increase in buying enthusiasm, but that quickly faded. That was unfortunate, because for a moment I th...
BY: Jayanthi GopalakrishnanSUBJECT: At The Close
ARTICLE SYNOPSIS ...Stocks & Commodities V. 23:4 (96): Books For Traders by Technical Analysis, Inc. InvestorWiz!: An Educational Investment Course For Novice Investors (124 pages, $65 softcover, 2003, ISBN 1932560777) by Soraya Nasrallah, published by Lumina Press. InvestorWiz! is a 10-chapter investor course for novice investors and features samples, practice exercises, answer pages, and other resources on stock basics, brokerage accounts and forms, the economy, chart analysis, and more. This book will assist novice investors and those seeking more financial independence or searching for a career in the broker...
BY: Technical Analysis, Inc.SUBJECT: Books For Traders
ARTICLE SYNOPSIS ...Stocks & Commodities V. 23:4 (46-53): Interview: Richard Dennis by Art Collins Perhaps no one in the world of commodity trading has more lore attached to him than the legendary Richard Dennis, the founder, along with William Eckhardt, of the original Turtles and the system they established. Dennis's stunningly successful involvement with mechanical systems came about when he realized that whatever worked for him in his trading could be reduced to and defined as a trading rule. Today, he pretty much eschews the public investment arena, confining himself to an exploration of mechanical trading ...
BY: Art CollinsSUBJECT: Interview
ARTICLE SYNOPSIS ...Stocks & Commodities V. 23:4 (10-14): Letters To S&C by Technical Analysis, Inc. FUTURES LIQUIDITY Editor, I just received and enjoyed reading your magazine, STOCKS & COMMODITIES. In the February 2005 issue, on page 87, you list futures liquidity from most to least liquid. I find it amazing that you list the British pound (GBP) as being more liquid than the Canadian dollar (CD). I have traded on the floor at the Chicago Mercantile Exchange for 25 years and have traded actively in both the GBP and the CD pits. The CD pit is far more liquid than the GBP pit. While trading in the GBP pit, I wa...
BY: Technical Analysis, Inc.SUBJECT: Letters To S&C
ARTICLE SYNOPSIS ...Stocks & Commodities V. 23:4 (22-31): Measuring Flags And Pennants by Markos Katsanos This new statistically derived formula can help you estimate price targets more accurately. Flags and pennants are my favorite formations, and I have used them in my trading for some time. In using them, I found that my exit strategy and profit objective was far from optimal. The classical method used for measuring these common and useful formations is simple and straightforward, but how accurate and reliable is it? It's difficult to find technical literature that provides any statistical studies on the sub...
BY: Markos KatsanosSUBJECT: Chart Patterns
ARTICLE SYNOPSIS ...Stocks & Commodities V. 23:4 (54-57): Mind Control by Michael Bois, CFA, CTA The psychology of trading has always been a struggle. Perhaps the techniques here could provide a solution. Not long ago, I interviewed a Standard & Poor's floor trader from the Chicago Mercantile Exchange (CME) who recounted his first experience trading inside the pit. Prior to becoming a trader, he had been a clerk, relaying orders from his employer's desk to the trader inside the pit. As a clerk, his physical position was directly outside the pit, literally leaning on the rail separating the spaces, giving and re...
BY: Michael Bois, CFA, CTASUBJECT: Trading Psychology
BY: Jayanthi GopalakrishnanSUBJECT: Opening Position
ARTICLE SYNOPSIS ...Stocks & Commodities V. 23:4 (81-85): Traders' Resource: Courses And Seminars by Technical Analysis, Inc. They say that the more you learn, the more you know you need to learn. This is true in trading. If you're not fully prepared when you go to trade, you could be the one that the smart money profits from. Education is crucial in trading. If you don't step up to the line with the right tools and know-how to trade the markets, you might as well be gambling -- with the odds on the house's side. But help is available, in courses, seminars, classes, manuals, books, tutorials, and personal trading...
BY: Technical Analysis, Inc.SUBJECT: Traders' Resource
ARTICLE SYNOPSIS ...Stocks & Commodities V. 23:4 (76-80): Traders' Tips by Technical Analysis, Inc. Here is this month's selection of Traders' Tips, with code contributed by TradeStation, Wealth-Lab, AmiBroker, eSignal, MetaStock, Trading Solutions, NeuroShell Trader, Investor/RT, Prophet.net, NeoTicker, Trade Navigator, Aspen Graphics, BullCharts, Technifilter Plus,SmarTrader, and Stockwhiz for Steve Palmquist's article ""Trading Moving Average Pullbacks.""...
BY: Technical Analysis, Inc.SUBJECT: Traders' Tips
ARTICLE SYNOPSIS ...Stocks & Commodities V. 23:4 (16-20): Trading Moving Average Pullbacks by Steve Palmquist Many traders have found success in trading pullbacks. But even a popular system needs to incorporate risk management. Every evening, I look over a dozen different scans and select trading techniques that are best suited to the current market environment. Because the market constantly changes, it is important to have multiple techniques in your toolbox. But how do you know if a scan is suited for the current market? To answer this question, you must understand how each system is affected by a variety of...
BY: Steve PalmquistSUBJECT: Charting
ARTICLE SYNOPSIS ...Stocks & Commodities V. 23:4 (32-35): Weight + Volume + Move-Adjusted Moving Average: It's WEVOMO! by Stephan Bisse Moving averages: I use 'em, you use 'em, we all use 'em, but can they really tell you anything about the future direction of a time series? In this article, the third of a series, we look at minimizing the lag even more using the weighted move- and volume-adjusted moving average. Moving averages merely give you a view of where a time series has been in the past. So how can it be used as a predictor? The only way is by adding more information Copyright into the calculation. But ...
BY: S. BisseSUBJECT: New Techniques
BY: Jim Forrester, CPASUBJECT: Working Money
BY: David PennSUBJECT: Working Money
BY: Vikram MurarkaSUBJECT: Working Money
BY: Glenn A. BarlisSUBJECT: Working Money