Nov 082012

In recent articles I have written about statistical variance in various forms as it pertains to trading in a statistical footprint or in other situations.  Just the sound of the phrase alone is enough to scare you off in another direction, but the use of this concept is so critical to successful trading I thought […continue here]

Oct 242012

When I first began as a trader many moons ago, I would spend endless hours scanning through charts, deciding I would have bought here and sold there. Convincing myself I knew something.  I would do this with all the indicators I read about in books and magazines.  After what was probably close to 10,000 hours […continue here]

Sep 122012

Statistics are based on the rule of large numbers. We often use statistics when we are trading but might do well to be aware that trading is very often not based on or even similar to the binomial kind of theory that statistics are based on. In fact they can be very serially correlated. By […continue here]

Commodity Futures Trading and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.