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Short Skirts and the Stock Market

Financial Market Analysts have studied the “hemline indicator” for decades. Yet there’s an even deeper connection between fashion trends and the economy’s financial health that most overlook. This three minute clip from the new socionomics documentary History’s Hidden Engine reveals the real significance of what’s in style.

28 questions that every trader should answer honestly…

Do you know your Art of Trading28-QUESTIONS
Do you  have a trading plan
Do you think in terms of probabilities
Do you know which time frame fits your psychology
Do you cut your losses
Do you define your Risk
Do you add to your losing Position (more…)

Great Strategy For Traders

 In Reminiscences of a Stock Operator there is a scene where a tout runs up the the Commodore and says buy such and such stock. The Commodore phones his broker and says sell 10K, then says sell 10 more. Tout goes, “What are you doing, I said Buy!, not sell”. Commodore says, I need to see how the market is taking the orders.

Does it make a difference how your orders are being filled? Are they gobbled as price passes thru as if you weren’t even there, or does it nibble nibble at the order and partially fill, or does it touch and fill, or does it sit on price touch, touch, not fill, then fill? Do these variations even make a predictive difference in what happens in the near future?