Hamburg, Germany

Month: February 2018

Trade With Conviction

[Trade Signal] Buy Dax @12.030

I took this trade signal for a buy of the German DAX. Entered long at 12030 for a continuation of the still intact long-term weekly uptrend. My point of invalidation is a break below 11850.

How To Decide Which Trading Strategy Is Right

A common trait among beginning and unsuccessful traders is the fickle abandonment of trading strategies that delivered a string of losses. And I am absolutely guilty for as long as I can remember. The underlying motivation is sound.  You want to improve your results and not trade a system that does not work in the…
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Ano Lobb - Question of Money (License CC 2.0)

Has The Market Correction Ended? Dow Jones Chart Analysis

The recent stock market correction was one of the biggest and fiercest corrections in the history of American capitalism (point-wise), with its selling climax last Monday. Yet the recovery rally seems equally strong. Tuesday’s and Wednesday’s price already negated half of the sharp decline. What’s next? Status Quo I don’t have a crystal ball and…
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Top 2 Reasons Why Trend Trading Is So Hard For Me

Trading and speculation in the financial markets is an appealing endeavor for many people. And so it is for me. But the percentage of people that find success is rather small. 95% of traders reportedly drop out of the game as losers. One of the most popular trading strategies is trend following. Arguably it is…
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Understand Why A Trading Strategy Works

Whatever The Input To Your Trading Strategy There is a very simple fundamental truth to any trading strategy out there. Whether you are a discretionary trader, a fundamental trader, a quant, a mechanical technical trader, or maybe you simply trade your gut feel or let your monkey throw darts. Whatever it is, your strategy is…
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