PriceSquawk Blog

PriceSquawk Blog

In a world of auto spread trading (auto-spreaders), systematic arbitrage and automated market making, nearly all markets are being traded against each other in one way or another. For discretionary traders, the sooner you can broaden your market perspective to consider the price action and order flow trading across asset classes (related markets) the better [...]

  Market Douglas in the renowned trading psychology book ‘Trading In The Zone’ treated a broad range of trading issues with a simple systematic trading exercise. In his Path to Consistency Workshop he discusses the details of the systematic trading exercise and the purpose behind it. While trading psychology is like going down the rabbit [...]

  In this trading exercise, for just one or two trading session try and LOSE as many ticks as possible based on short term order flow and price swings (and not just crossing the inside market spread). You might surprise yourself and find that your win to loss ratio plateaus at some point. This will [...]

The goal of this trading drill is to be flexible in your market bias and to make the most of current trading conditions under pressure. You will need a timer and a coin and the same setup as in Exercise #1, which is one DOM with just the Bid and Offer depth listed, and trades accumulating [...]