It’s been a rough month for Bitcoin and it doesn’t seem to be getting any better. With Mt.Gox halting withdrawals, and the massive network wide attack on the Bitcoin protocol media catalysts are giving strong downward signals with no sign of reprieve. The media would be tolerable but the technical factors seem to converging on …
Dogecoin has become an interesting microcosm of cryptocurrency market development, and has proudly become one of the first coin markets ‘independent’ of Bitcoin. To clarify, by independent I mean Dogecoin seems to have evolved in such a way that it doesn’t follow Bitcoin’s market movements in the same way currencies like Litecoin, or Namecoin do. …
An Odd Sense of Familiarity, Dogecoin Speculation Read More »
I’ve open sourced some of my PHP trading robot’s code. You can find the repository at https://github.com/sectioaurea/crypto-php-api. I hope it is useful for anyone setting up a price monitor or trading robot in PHP. Originally, I used some of this code in a web monitor to watch certain markets. What you’ll find currently: modules to …
crypto-php-api: Glue code for your PHP crypto trading robot Read More »
Forex can be a painful environment sometimes. Whereas stock traders have a number of different mathematical ways to derive the ‘true value’ of an investment the world of forex is a bit more perplexing. It’s a battlefield; every inch of ground is a war fought between high frequency traders, scalpers, swing trader, and any other …
You Wanted Rock Bottom, You Got It. April Speculation. Read More »
About a month ago, we posted an analysis that turned out to be both 100% correct and 100% wrong. Quite the paradox, right? What I mean is that after-the-fact look back at that analysis shows that:A trader who followed the signals that the analysis produced made moneyA non-trader who looks back at the analysis probably …
In a previous article we talked about the importance of stop losses as a trade exit. Today we’re going to talk about entries, also known as trade execution or “pulling the trigger”. A lot of traders (including myself) had trouble with this in particular at first. So if you struggle with execution, you’re not alone. …
Trade Execution, Position Sizing, and Risk Management Read More »
Almost everyday it seems I talk to a new trader asking me rather or not they should just suck it up and take a loss on some truly horrible position they entered hours before, or if they should wait for market conditions to improve. Honestly, I have a difficult time answering this question because I …
Mitigating Risk, the Only Thing You Need to Know! Read More »