PriceSquawk Blog

PriceSquawk Blog

Automated trading and you

In closing we discuss how to move forward from the Prop Trading drills and automated trading. The exercises completed so far should help you grasp probabilities in trading and in determining the outcome of individual trades i.e. you don’t know which trades will be your winners and losers. You can also scale this understanding to [...]

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 [...]