Our job on one chart

If a picture can be worth a thousand words, this ZN chart below is one of those pictures. Here are a few thoughts as we plan our actions on this market in the hours ahead. Note: the trigger hasn’t arrived yet, and we’re speaking about the proverbial hard right edge of the chart aka the future.

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The anatomy of a trade

• “Many of our basic emotions still run on stone age code.” - Yuval Noah Harari

• A crowd exposed to hope and fear tends to act, however rational humans would like to think they are, in a certain way, whether it’s 10,000 BC or 2000 AD.

• The Remek! Momentum Pro Standalones, built for Ninjatrader 8, monitors, with smart, self-adapting mathematical methods we call the Remek! algorithm, the movement of the crowd, and identifies engagement points with the highest chance of a predicted outcome (called triggers).

• We then use those triggers to participate in the expected crowd behaviour
  a) on a given time horizon
  b) with a given pre-defined, self-adapting set of rules, we call trade management rules (i.e. target, stop, trailing rules)
  c) to reach a positive probabilistic outcome over a large number of instances we call an edge.

There is no reason you should miss these opportunities: get the tool, learn the method!

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How to navigate the markets

Much of what’s out there has no basis in how actually markets work. Markets are just a bunch of people (smart and well-endowed, well-equipped people, but still: just people) making decisions. (And before you point out much is done by algos today, yes, but they were also programmed by people to make decisions.)

So the patterns that emerge from all that activity are patterns rooted in crowd behaviour (have you ever wondered how difficult it is to foresee one person’s behaviour, yet it is not rocket science to predict how crowds pour out from a baseball or soccer stadium?). So if we want to understand financial markets, we must study a bit of crowd behaviour.

And since crowd behaviour is ancient, patterns that are actual results of crowd behaviour tend to persist. Everything else is random noise. (And you can’t make money in a random environment, see our random chart generator for further study). And here’s where our edge becomes important: out task as traders is, simply, to differentiate, as much as possible, crowd behaviour patterns from random noise. And then quantify them, which in this day an age, we do with computer software (and then work it all into a trading plan, but we’ll leave that for another post).

So this is where the Remek! Momentum Standalones enter the picture: trading is hard, and if you’re not using a crystallized methodology, chances of success will remain elusive. Luckily, we have put 14 years of experience, daily engagement with the markets, into one rock-solid methodology, crystallized and ready to help you navigate the markets!

See how our method provides clarity, as we speak, on the 27 markets we follow. And sign up for the 15 day free trial while we have your attention. Your trading business might just thank you for it!

Remembering Mark Douglas today

A somber week. After commemorating 9/11 yesterday, as well as the Queen’s passing a few days ago, we traders today remember Mark Douglas who died on this day in 2015. His contributions to the art and science of trading are immense and continue to be relevant for us all.

If you’re not yet familiar with Mark Douglas’s work, visit youtube or head to Amazon (both of his books, The Disciplined Trader and Trading in the zone are classics that should be on every trader’s desk.)

We have learned so much from Mark in the past decade, so it is only fitting that we offer a FLASH SALE OF 33% OFF today, EDT, to honour his memory, starting now. Enter “MARKDOUGLAS” at checkout for your instant discount on all Remek! products. Yes, our behemoth, PRO STR BT, included.

Note: we are not in any way affiliated with Mark Douglas’s estate, and do not profit from sales of his work. We simply respect the man.