When I first started trading I made the mistake of spending all my time studying trading psychology.. and not enough time trading. I worked through the Van Tharp Peak Performance course, re-read The Investors Quotient a good 5 times, the Disciplined Trader by Mark Douglas even more, and my favorite – Trading In The Zone [...]
Market Sonification is the use of audio to preceptualize market data, or in simpler terms Audible Markets. Listening to the markets is of great benefit to day traders as they can continuously monitor the flow of the market without having to scan computer screens with their laser beam style focus for hours on end. All aspects of market order flow can be interpreted using audio, allowing traders to be calmly focused to the ebb and flow of the market, with much more freedom. The result is reduced stress when monitoring markets, and thus better performance when acting on market conditions. Read More ..
Aspiring day traders, find out about the real world of day trading. We get a comprehensive look inside the world of prop trading in this unique interview with someone who has trained, and is trading with a reputable prop firm. ..LISTEN TO INTERVIEW
The following is taken from the December newsletter: Whichever way you are using PriceSquawk, realise that listening to the market is a natural edge. A typical trader may have multiple monitors such as Jimmy below. For the majority of us humans, this amount of information is counterproductive to making good trading decisions for a number [...]
“Sonification is the use of non-speech audio to convey information or perceptualize data. Auditory perception has advantages in temporal, amplitude, and frequency resolution that open possibilities as an alternative or complement to visualization techniques.” – http://en.wikipedia.org/wiki/Sonification When anyone asks “What is PriceSquawk?” The most direct answer is – PriceSquawk is a tool for market sonification. [...]