Author Archives: psycandrew

Slippage and Root Mean Squared Error in Model performance

REAL traders all know how important slippage is.  You wanted to buy at 20.05 but got filled at 20.07.  Then you wanted to exit at 20.55 but got filled at 20.52.  The $0.02 on the went in and the $0.03 … Continue reading

Posted in Algo Trading | Tagged , , , , , , , , , , , , , , , | Leave a comment

Zen & The Art of Trading

I’ve been listening to a lot of Allan Watts lately.   He is largely accredited for bringing eastern philosophy into to western society in a highly digestible way.  What I want to focus on is knowing without knowing. As a trader we spend … Continue reading

Posted in Market Psychology | Tagged , , , , , , , | Leave a comment

How to Keep a Trading Journal

The Easiest Way to Keep a Trading Journal – A Great Trading Tool. Trading Journals are critical to all traders development. Learn how to keep one properly and easily with integral theory. Continue reading

Posted in Market Psychology | Tagged , , , , , , , , , , , | Leave a comment

Charlie Munger – Cognitive Biases – Liking loving Bias

This is one of my favorites. When you hear a trader say, “I love this stock.” You know they are preparing themselves for distorted facts, ignoring reality and misinterpretation of the facts merely because of their affection towards the stock. … Continue reading

Posted in Market Psychology | Tagged , , , , | Leave a comment