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Home » Stuart Young Trading and Investment Blog

Stuart Young Trading and Investment Blog

IMF downgrades 2015 global economic growth forecast to 3.5%

January 20, 2015 by Stuart Young Leave a Comment

The International Monetary Fund (IMF) has once again downgraded its forecasts for global economic growth.

The global economy will grow 3.5% in 2015, down from 3.8% due to the slumping oil prices, the IMF has said in its January 2015 update to the October 2014 World Economic Outlook (WEO).
The IMF also cut its forecast for the economic growth next year, 2016, to 3.7% from 4%.
“The revisions reflect a reassessment of prospects in China, Russia, the euro area, and Japan as well as weaker activity in some major oil exporters because of the sharp drop in oil prices” the report says. Source: IMF

IMF 2015 global economic growth forecast summary

International Monetary Fund - IMF 2015 Global Economic Growth Forecast Update - January 2015

  • The IMF has downgraded projections in major world economies, except for the United States, where economic growth is expected to reach 3.6% and 3.3% in 2015 and 2016, respectively.
  • The slowdown in China is another factor behind the revised forecasts. On Tuesday, official figures showed that China’s growth slowed to 7.4% last year (its weakest in 24 years), from 7.7% in 2013.
  • Russia saw the sharpest downwards revision to a contraction of 3% in 2015 and 1% in 2016.

Speaking to the BBC, the IMF’s chief economist, Olivier Blanchard, said deflation was an adverse and worrying force, but it was “not the kiss of death… in itself, it’s not going to derail the recovery”. However, he acknowledged that it was possible that deflation could set off the Eurozone’s debt crisis once again. Falling prices are particular problem for debtors, because their incomes – or for governments, their tax revenues – may fall, but the debt payments often do not.

Global Financial Crisis over?

Six years on from the most intense phase of the global financial crisis, to what extent have we put it behind us?

Mr Blanchard told the BBC that many countries have, for all practical purposes, done so – notably the US.

But there is another legacy “cramping the style of a number of countries which have very high debt and have to be careful”. He says this will take a very long time to rectify. He describes Japan as an extreme example.

His overall assessment: “Some of the legacies are going away. Some of the legacies will take a long time. Things are improving. Not quite as quickly as we would dream, but they do.” Source: BBC

Download Full-Text PDF: www.imf.org/external/pubs/ft/weo/2015/update/01/pdf/0115.pdf

Filed Under: Trading News Tagged With: 2015 global economic growth forecast, Global growth forecast, IMF, International Monetary Fund, World Economic Outlook Update

Happy New Year 2015

January 2, 2015 by Stuart Young Leave a Comment

We’re already in 2015 which will be an exciting year for Global Trading Tools.

In the pipeline for this year is an exciting new indicator I have been considering for some time now and this indicator will be released during 2015… more details to come.

I have also been working on some great Trading Psychology material that I’ll make available during the first half of 2015 so please connect with us via our mailing list, or social media (Facebook & Twitter) to ensure you receive updates and great trading articles.

In the meantime I’ll leave you with a couple of great quotes to consider…

“Learn from yesterday, live for today, hope for tomorrow.”
– Albert Einstein

“The bad news is time flies. The good news is you’re the pilot.”
– Michael Altshuler

Wishing everyone a very happy, healthy and prosperous 2015 🙂

Good trading.
Stuart Young

Filed Under: Announcements

Who is the G20 & what is the G20 Summit trying to achieve?

November 16, 2014 by Stuart Young Leave a Comment

As the G20 Leaders Summit is being held in Brisbane, Australia this weekend (15th and 16th November 2014, Australian EST) I thought it appropriate to briefly cover a common question… What is the G20 Summit ?
 
The G20 brings together leaders of the world’s major economies to discuss, and cooperate on a global basis to, the largest economic challenges and important issues affecting the global economy. Key focus of the 2014 G20 meeting is the need to build global economic resilience, lift economic growth and increase employment opportunities.  
 
G20 group comprises a mix of the world’s largest advanced and emerging economies, and represents about two-thirds of the world’s population, 85 per cent of global gross domestic product and over 75 per cent of global trade. SOURCE: G20.org
 
G20 membership comprises 19 countries plus the European Union. The official G20 countries are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States and the European Union.
 
To ensure that discussions at the G20 Summit reflect interests of a wide range of nations, each year the G20 president (leader of the host country) invites guest countries to participate in the years meetings. In 2014, Australia as the host has invited Mauritania and Senegal from Africa, Spain from Europe, Myanmar and Singapore from Asia, and close neighbor New Zealand.
 
In addition to the world leader meetings, the G20 also works with leading international bodies including the United Nations, International Monetary Fund, World Trade Organisation, Financial Stability Board, and the World Bank as they contribute to the development of global policies on key global issues such as trade, growth and jobs.

The G20 Summit is the premier forum for its members’ international economic cooperation and decision-making, and has met annually since the G20 was formed in 1999 amid the Asian Financial Crisis.
 
In order to gain structured input from the public, the Input to the G20 is also obtain from several “engagement” groups (from outside governments and international bodies) which bring together people from different sectors of society to present their ideas to the G20 leaders. These groups are the Business 20 (B20), Civil Society 20 (C20), Labour 20 (L20), Think 20 (T20) and Youth 20 (Y20).
 
In their 5th Anniversary Vision Statement in September 2013, G20 leaders said they would strengthen engagement with the B20, C20, L20, T20 and Y20. Australia is taking forward this vision during its G20 presidency.
 
“The G20 is an apt model for global cooperation in today’s world. Its response to the global financial crisis is a testament to the impact G20 members can make when working together. The G20 introduced trillions of dollars in fiscal stimulus packages worldwide, which saved or created millions of jobs that would otherwise have been destroyed. It also put in place measures to limit the collapse of financial markets and helped maintain consumer and business confidence. Over the past five years, the G20 has framed the world’s efforts to restore growth and build the resilience of financial institutions and national economies. It led the world out of an economic crisis and through the initial stages of the recovery”. SOURCE: G20.org
 
For complete coverage and further information on the G20 Leaders Summit please visit www.g20.org

Filed Under: Trading News Tagged With: G20, g20 2014, g20 australia, g20 brisbane, g20 countries, g20 leaders, g20 members, g20 summit, what is the g20, what is the g20 summit

Please let me know what you want help with in your trading!

November 11, 2014 by Stuart Young Leave a Comment

Hi everyone
I’m asking a favor of you… please let me know what you want help with in your trading!

I am planning my new content, blog posts, email newsletters, and some great new training material to address your struggles, so please let me know what you want help with below…

It’s just a quick survey, a couple of minutes tops! How often do you get the chance to directly contribute to the topics of upcoming content and training?
https://www.surveymonkey.com/s/MKRGMZV

Filed Under: Announcements

How much is impatient trading costing you?

October 18, 2014 by Stuart Young Leave a Comment

Many people say that patience is a virtue and that is defiantly true in trading!
Although the very best traders understand the importance of patience, it is still one of the most difficult skills to learn and apply as a trader.   Most unsuccessful traders trade with little or no patience and it is therefore critical to understand why patience is one of the most important “ingredients” to becoming a successful trader, and can actually make you money faster.

It takes real patience to wait for ONLY the trades as defined in our back tested, positive expectancy trading plan. This way we are only trading when we have a positive edge/expectancy, ie we ONLY participate in the market when the odds are in our favor. This does not mean that every trade will be a winner… far from it, but it does mean that over a large sample of trades, if and only if we are patient to wait for our defined setups, then the odds of success are more in our favor.

WARNING
Lack of patience in trading can manifest as:
– a tendency to over trade
– feelings of wanting to be in another trade straight after exiting a winning trade, or straight after a losing trade to try and make back those losses (revenge trading)
– meddling with your trades too much by moving stops and targets around multiple times after entering a trade
– taking smaller profits than your original planned target, or taking profits too early at the slightest sign of movement against your position
– feeling compelled to trade every day. Remember the market will be there tomorrow and you are better to wait for the higher probability trades, even if it means being on the sidelines some days, then to have traded lower probability trades, due to being impatient, and have lost.

Do you recognize any of these traits in your own trading?

The difficulty is not in finding trading opportunities, but instead making sure the trade fits your own trading plan/rules!

When looking to enter a trade, patience is critical to ensure all of your entry criteria are met (all of the “ducks are lined up”) and to leave the trade alone if they are not. Ever seen a trade setup so close to your criteria but not fully complete, only to see the market start moving in the direction of your trade? Impatient traders often enter the trade quickly fearing they will miss out, only to see the trade turn against you? Remember, the whole point of having of having a positive expectancy trading plan is so that the trades we do enter have greater odds of success. If we are impatient and not wait until all our entry criteria are present, then we are NOT entering where we have greater odds of success, therefore eroding our edge.

Exhibiting patience with a good trade setup requires confidence in your trading plan/system, having a probabilistic mindset and an understanding of why impatience actually decreases our trading edge. The same logic applies to giving the trade time to develop once you have entered, and for trade exits and profit taking.

Importance of trading patience | Patient Trader

Patience is also critical, not just in specific trade executions, but also as we are on our learning curve to becoming a successful trader.
We need patience in allowing ourselves to:

  • develop and test a trading plan that not only has a clear positive expectancy, but suits our personality, then
  • trade our plan in a simulation environment, then
  • commence live trading with small position sizes to build confidence, then
  • progressively increasing position size only once key goals are reached, and
  • to allow ourselves to make mistakes, learn from them, and apply these lessons learned.

It’s not a race and by being impatient and therefore lacking discipline, can not only extend your learning curve more than it needs to, but have disastrous consequences on our precious capital.

By slowing down and realizing that you must be patient to trade only the higher probability setups, you will inevitably build your trading account faster than if you try to “force” the market into making you money by over trading or taking low probability trades.

By understanding why being patient over the long term can actually make you money faster, we can start to embrace patience in our trading and recognize that it is actually one of THE MOST IMPORTANT ASPECTS OF SUCCESSFUL TRADERS.

Filed Under: Trading Psychology Tagged With: importance of patience in trading, patience in trading, the importance of patience, trading patience

NinjaTrader NSE charts using major NSE data feed providers
National Stock Exchange of India

May 29, 2014 by Stuart Young Leave a Comment

For anyone looking to easily view all NSE charts (+1,550 stocks), and Nifty 50 charts in NinjaTrader using major NSE data feed providers Yahoo free EOD data, eSignal, or Interactive Brokers data, we are so pleased to announce the launch of our Easy Load NSE (National Stock Exchange of India) equities installer for NinjaTrader.

 

How to easily view NSE charts in NinjaTrader …

The ‘Easy Load’ NSE is a unique one-step stock installer, which when combined with NinjaTrader’s award winning, free to use charting platform, provides an extremely cost effective way to view NSE charts and perform technical analysis on any National Stock Exchange of India (NSE) and nifty 50 charts.

Just 3 easy steps …

  1. Download NinjaTrader’s free to use charting platform;
  2. Run the “Easy Load” NSE installer; and
  3. Connect seamlessly with ANY of the supported NSE data feed providers
    (including: Interactive Brokers, eSignal, & Yahoo Finance free EOD data)
It’s that easy !

NinjaTrader NSE charts| Nifty 50 charts  | NSE data feed | nseindia

Easy Load NSE data feed support

The Easy Load NSE seamlessly supports three different NSE data feeds, including:

  • Yahoo free EOD data,
  • eSignal, and
  • Interactive Brokers.

This product has been a long time in the making due to the complexities in ensuring all our nseindia codes worked correctly & seamlessly with the Yahoo Finance NSE data feed, in addition to eSignal and Interactive Brokers data feeds.

We’re happy to confirm this has been fully finalized and tested for all NSE stock codes. A big thanks must go out to Paul Jilek for his fantastic work helping to ensure all our symbol mappings for the Yahoo Finance free NSE data feed are correct.


The release of this product expands our NinjaTrader ‘Easy Load’ equities installer range to four products now, and allows NinjaTrader users to view ALL stocks from many of the largest stock exchanges in the world including:

  • New York Stock Exchange (NYSE)
  • NASDAQ
  • NYSE MKT (formally AMEX)
  • Toronto Stock Exchange (TSX)
  • TSX Venture Exchange (TSXV)
  • Australian Securities Exchange (ASX), and now
  • National Stock Exchange of India (NSE)

 

For more information on our highly acclaimed “Easy Load” equities installers for NinjaTrader please visit

www.GlobalTradingTools.com/software/easy-load-ninjatrader/

 

You won’t believe how easy it now is to view ALL your favorite NSE charts in NinjaTrader!

Filed Under: Announcements, Global Trading Tools Product Releases, Global Trading Tools Product Updates, New Trading Products Tagged With: Easy Load NSE, National Stock Exchange of India, Nifty 50 charts, NinjaTrader NSE, NSE charts, NSE data feed, nseindia

ATAA Brisbane Presentation – How to use NinjaTrader software to your advantage | Stuart Young

May 17, 2014 by Stuart Young Leave a Comment

Stuart Young will be presenting at the Australian Technical Analysts Association (ATAA) Brisbane meeting on Wednesday 21st May, commencing at 6.30pm

Venue: Fitzy’s Tavern, Cnr. Bryants Road and Pacific Highway, Loganholme.
Click here to view map.

Meeting Agenda:

6:30pm to 7:30pm – Chart Patterns
Experienced traders will share their recent trades and explain their techniques and strategies. A great way to learn trading from other members’ real life experience.

7:30pm: Tea/Coffee Break

7:45pm: Stuart Young – How to use NinjaTrader software to your advantage
NinjaTrader is a free to use, award winning trading and charting platform, used by traders worldwide. NinjaTrader is both a cost-effective platform for the new trader, yet extremely powerful trading and market analysis platform for traders of all levels.

In this presentation, Stuart Young will look “under the hood” of NinjaTrader giving you practical information, tips and resources to use NinjaTrader to your advantage. With particular emphasis on the Market Analyzer and NinjaTrader’s highly acclaimed Market Replay functionality there will be something for both new and existing NinjaTrader users.

In addition, we’ll also cover:

  • how to setup 2 free EOD (end of day) data feeds;
  • 10 NinjaTrader tips you may not have seen before;
  • how to view ALL of your favourite ASX shares in NinjaTrader with ease;
  • some great additional resources and handouts,
  • plus much more!

Stuart Young is the founding Director of Global Trading Tools, providing premium trading tools & education for traders and investors.  Stuart combines his trading and IT experience in the development of Global Trading Tools specialist ‘Easy Load’ equities software and propriety indicators for NinjaTrader.  He has extensive experience using, teaching and building third-party NinjaTrader software and is an official NinjaTrader partner.

9pm – Networking

Australian Technical Analysts Association (ATAA) presentation | Stuart Young

Filed Under: Announcements, Trading News Tagged With: ATAA, ATAA Brisbane, Australian Technical Analysts Association

6 Considerations For Improving Trading Results

February 26, 2014 by Stuart Young Leave a Comment

As we are nearing the end of February 2014 already, this is an opportune time to ensure our plans are now in place for improving trading results this year.

Below is a brief summary of some critical items to consider for improving trading results:

1) Goals: Document both short & long-term goals for your trading business as this helps to define the path you wish to follow & direct your focus where it is most needed in order to achieve your goals;

2) Trading Plan: Ensure you have a documented AND back-tested trading plan which shows a clear positive expectancy over a large number of trades. If your trading plan does not show clear positive expectancy then no amount of trading psychology, or anything else for that matter, will help in the long run. The plan must include a breakdown of your trade selection criteria, setups & triggers, risk management, money management, trade management etc. Also include record keeping and review processes plus often forgotten items such as contingency plans (eg if your internet provided where to go offline while you’re in a trade, power failure); backup systems; etc. just to name a few;

3) Market Preparation (“prep”): Ensure you prep every market/instrument BEFORE entering any trades. Make smarter decisions up front, then manage your risk and the trade as per your plan;

4) Record Keeping & Review: Ensure you record and review your trades. Without documented metrics you have nothing to objectively review for improvement.
Without adequate record keeping or trade journal you unable to track your System Expectancy, also referred to as your “Trading Edge” for the trades you’re currently placing in the market… REMEMBER… If your trading system does not show clear positive expectancy (both in back testing AND in live trading) then no amount of trading psychology, or anything else for that matter, will help in the long run.

ACTION: Consider creating your own spreadsheet to record your trade results, or using an existing trading journal product such as “Trading Journal Spreadsheet ®”
http://www.GlobalTradingTools.com/view/TradingJournalSpreadsheet/

5) De-Clutter: can consist of both “physical” and “mental” clutter. Clutter can distract us from focusing on what we really need to be doing to achieve our goals, rob us of valuable time, lead to feeling confused or overloaded…none of which is conducive to running a consistently profitable trading business;

6) Health: along with your time, health is the most valuable asset we have. Need balance in all aspects of life.

Wishing everyone a happy, healthy and prosperous 2014.

Stuart Young

 

Filed Under: Trading News, Trading Psychology, Trading Strategies Tagged With: global trading tools, goals, improved trading results, improving trading results, positive expectancy, stuart young, trading edge, trading journal, trading plan, trading tools

Warning!!! Stochastic Indicator – Mutton Dressed as Lamb?

October 2, 2013 by Davin Clarke Leave a Comment

I was an eager trading upstart with a few trading profits from the dot com boom way back before the year 2000.

I chucked in my job, sold my printing equipment and researched day and night to find the system to be the next George Soros.

Does this tale sound familiar?

Of course 3 weeks in I had found the answer, stochastics. I couldn’t believe how wonderful it looked as my eyes caught the signals generating the start of amazing trends. Why hadn’t anyone else seen how much money was available in trading pullbacks. The private jet was just around the corner. Maybe I could buy Christopher Skase or Alan Bond’s used one!!!

So after adjusting my Stochastic settings to my secret formula (I think I moved the K period to 11), off I went to trade for a living. Now the reality did not quite fit the TV ads of me with my laptop by the infinity pool watching my account grow. I was watching signals on my large (for late 1990’s) 15 inch screens hitting the stochastic cross and then not magically going up like it should. Sometimes it would move lower, sometimes it would chop and every now and then it would move higher. Many times as I moved to a profit I would move my stop to break-even and then get stopped out. Eventually after a few losses I would take off the stop altogether and bail for a large loss just before a reversal where the market would shoot up. We’re now in 2013 and I look at markets a lot differently to back then. Market structure and corrective phases are what I focus on in my trading and how I teach clients. My view is that trading using stochastic or other momentum indicators in isolation creates fairly random outcomes without an understanding of the bigger picture.

When we look at indicators our eyes often skip the failed trades and lock in on the successful ones. System developers often see this bias when evaluating and back testing potential ideas.

Let’s review the 6 stochastic signals from an entry perspective on a Euro chart and then look at it with a focus on market structure points.

Stochastic Indicator – Mutton Dressed as Lamb?  We MUST use any indicator in conjunction with Market Structure

Signal 1 came after a weekend gap up and deep correction. Both this first area and the Signal 2 setup could have produced nice returns if traders had wide stops in place and managed to second guess the Fed meeting where price zoomed up.

Signal 3 produced an entry after the vertical move up. There was very little follow through and would have been difficult to produce a positive outcome.

Signal 4 had a little downside follow through but failed to trend strongly.

Signal 5 had no follow through and failed and signal 6 failed after moving a few points to the downside.

With trading the stochastic indicator in this example there is a conundrum. Take large stops to get the occasional out-sized winner but lose more on each loss, or take small stops and often get stopped out before a big move comes about. There is nothing wrong with using a momentum indicator but it needs to be in context with the market dynamics. Trading the first bounce after an exhaustive vertical move (Signal 3) is a different structure to trading the 2nd retracement of a range bound market (signal 2).

I have developed an understanding of market structure to improve my trading and believe it is essential to create a lasting edge.

Here is a few key structure observations which have provided me an edge when trading:

The Gap and Trap. Point “A”

Gaps are often exhaustive in nature, when they occur after a trending move. Over optimism has buyers entering the market at a price point where there is no-one on the sidelines willing to bid higher. Usually we see a small impulse move above the open high before traders start accepting lower prices. This is a key setup for me after a positive profit announcement and a prior run up in price and at times where there is an optimistic crowd. My job as a trader is to identify where the upward momentum stalls and capture a low risk entry as selling commences. Price in this instance moves in the path of least resistance. Think about this – If there are no more buyers on the sidelines willing to trade a higher price, no matter how exciting the news is the price cannot move higher. And as the first traders start accepting lower prices to close their positions it forces other traders holding a long position to contain losses and sell creating a snowball effect.

Pump Fake. Points ”B”

The pump fake is defined where price action thrusts above support or resistance and then reverses, moving back within the prior range that has developed. These spikes tend to shake out stop losses and set up break out traders positioned on the wrong side, forcing them to close their position and effectively adding to the price reversal. I have marked in 3 areas with a “B”.

Tip. Have a look at the stochastic at each of these “B” points. The crossover at each had nice follow through. Combining momentum and structure will improve trade selection and timing.

Key Message

Working off specific zones that trap traders is a way to counter-punch. In boxing the counter punch when an opponent is off balance is a deadly weapon. Catch traders that have committed to a trade and capture profit as they acknowledge the dynamics have changed by reversing their positions.

Contrary dynamics that surprise the majority are what creates directional movement.

[divider]If you would like any information on our new BREAKTHROUGH Trading Course, please visit www.GlobalTradingTools.com/training/breakthrough-trading-course/ or complete the contact form.

Thank you and good trading.
Davin

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RISK WARNING:
You understand and acknowledge that there is a high degree of risk involved in trading securities, currencies/foreign exchange and/or derivative products. Trading securities, currencies/foreign exchange and/or investment in derivatives can be very speculative, involves considerable risk, may result in losses and is not suitable for every investor. Global Trading Tools does not take into account the objectives, financial situation or needs of individual users. Hence, You should carefully consider whether trading in securities, currencies/foreign exchange and derivative products is appropriate for You in the light of your financial circumstances. You should be aware that dealing in products that are highly leveraged carry significantly greater risk than non-geared investments such as share trading. As such, You could both gain and lose large amounts of money. You may sustain losses in excess of the moneys You initially deposit and also in excess of the margin required to establish and maintain any positions in leveraged products.
No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in any form of media (including but not limited to web sites, email, print or banner advertising, social media sites and/or Global Trading Tools affiliates) by Global Trading Tools.
The past performance of any trading system or methodology is not indicative of future results.

 
THIS ARTICLE IS FOR EDUCATIONAL PURPOSES ONLY.

Filed Under: Trading Strategies Tagged With: davin clarke, gap and trap, market structure, Stochastic indicator, stochastics, trading, trading tools

Inevitable Trading Losses – The Elephant In The Room

October 2, 2013 by Stuart Young Leave a Comment

Inevitable Trading Losses – The Elephant In The Room

I came by a book published around 80 years ago by R.W. Schabacker. It is amazing that even without the HFT systems, chart patterns and business channels devoted to trading and investing that the core concepts remain. Loses are inevitable.
It is how we deal with them that is key.

No trader can ever expect to be correct in every one of his market transactions. No individual, however well he may be grounded, no matter how much experience he has had in practical market operation, can expect to be infallible.

There will always be mistakes, some unwise judgments, some erroneous moves, some losses. The extent to which such losses materialize, to which they are allowed to become serious, will almost invariably determine whether the individual is to be successful in his long range investing activities or whether such accumulated losses are finally to wreck him on the shoals of mental despair and financial tragedy.

It is easy enough to manage those commitments which progress smoothly and successfully to one’s anticipated goal. The true test of market success comes when the future movement is not in line with anticipated developments, when the trader is just plain wrong in his calculations, and when his investments begins to show a loss instead of a gain. If such situations are not properly handled, if one or two losing positions are allowed to get out of control, then they can wipe out a score of successful profits and leave the individual with a huge loss on balance.

It is just as important, nay, even more important, to know when to desert a bad bargain, take one’s loss and count it a day, as it is to know when to close out a successful transaction which has brought a profit.

The staggering catastrophes which ruin investors, mentally, morally, and financially, are not contingent upon the difference between a 5 per cent loss limit and a 20 percent loss limit. They result from not having established any limit at all on the possible loss.

Any experienced market operator can tell you that his greatest losses have been taken in those, probably rare, instances when he substituted stubbornness for loss limitation, when he bought more of a stock that was going down, instead of selling some of it to lighten his risk, when he allowed pride of personal opinion to replace conservative faith in the cold judgment of the market place.

We trade to make a profit.

— Written by Schabacker 80 years ago in Stock Market Profits.
[divider]If you would like any information on our new BREAKTHROUGH Trading Course, please visit www.GlobalTradingTools.com/training/breakthrough-trading-course/ or complete the contact form.

Thank you and good trading.
Davin & Stuart

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RISK WARNING:
You understand and acknowledge that there is a high degree of risk involved in trading securities, currencies/foreign exchange and/or derivative products. Trading securities, currencies/foreign exchange and/or investment in derivatives can be very speculative, involves considerable risk, may result in losses and is not suitable for every investor. Global Trading Tools does not take into account the objectives, financial situation or needs of individual users. Hence, You should carefully consider whether trading in securities, currencies/foreign exchange and derivative products is appropriate for You in the light of your financial circumstances. You should be aware that dealing in products that are highly leveraged carry significantly greater risk than non-geared investments such as share trading. As such, You could both gain and lose large amounts of money. You may sustain losses in excess of the moneys You initially deposit and also in excess of the margin required to establish and maintain any positions in leveraged products.
No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in any form of media (including but not limited to web sites, email, print or banner advertising, social media sites and/or Global Trading Tools affiliates) by Global Trading Tools.
The past performance of any trading system or methodology is not indicative of future results.

 
THIS ARTICLE IS FOR EDUCATIONAL PURPOSES ONLY.

Filed Under: Trading Psychology Tagged With: Elephant In The Room, Inevitable Trading Losses, Schabacker, Stock Market Profits, trading losses, trading tools

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Testimonials *

Scott P., Range Research Group (United States)

Love the Moving Average Cross indicator...email and alerts are great. I'm using it and I am going to suggest it to our group. I like your work as it is clean and has needed parameters.
Global Trading Tools
2014-03-20T01:50:18+10:00
Love the Moving Average Cross indicator...email and alerts are great. I'm using it and I am going to suggest it to our group. I like your work as it is clean and has needed parameters.
https://www.globaltradingtools.com/testimonials/scott-p-moving-average-crossover-indicator-review/

Anne-Marie S, Adelaide

The GTT video library is a fantastic resource and great value for money. There are so many videos and they are really in depth so you really get a great feel for the subject matter. The video reviews of students’ trades are very useful and consolidate the learnings from the other videos. Also Stuart is extremely helpful and professional to deal with. I highly recommend the video library.
Global Trading Tools
2017-01-17T19:00:41+10:00
The GTT video library is a fantastic resource and great value for money. There are so many videos and they are really in depth so you really get a great feel for the subject matter. The video reviews of students’ trades are very useful and consolidate the learnings from the other videos. Also Stuart is extremely helpful and professional to deal with. I highly recommend the video library.
https://www.globaltradingtools.com/testimonials/anne-marie-s-trading-videos/

Jim C. (USA)

I just updated to the latest version [Ultimate Moving Average Indicator] with the "background color change" (per my request LOL) and added to one of my charts... all I can say is LOVE IT... LOVE IT.... LOVE IT. Thank you and your programmers for all the hard work
Global Trading Tools
2017-12-15T13:16:21+10:00
I just updated to the latest version [Ultimate Moving Average Indicator] with the "background color change" (per my request LOL) and added to one of my charts... all I can say is LOVE IT... LOVE IT.... LOVE IT. Thank you and your programmers for all the hard work
https://www.globaltradingtools.com/testimonials/moving-average-indicator/

Ronald J. (USA) October 2017

RE: Moving Average Crossover Indicator for NinjaTrader. Your product looks outstanding!
Global Trading Tools
2017-12-15T13:30:04+10:00
RE: Moving Average Crossover Indicator for NinjaTrader. Your product looks outstanding!
https://www.globaltradingtools.com/testimonials/ronald-j-ma-alert-indicator-2017/

John Saraga, USA

Hello Stuart I purchased this great indicator [Ultimate Moving Average Cross Alert indicator for NinjaTrader], and I just want to say thank you. This is a really good indicator.
Global Trading Tools
2016-04-16T13:05:45+10:00
Hello Stuart I purchased this great indicator [Ultimate Moving Average Cross Alert indicator for NinjaTrader], and I just want to say thank you. This is a really good indicator.
https://www.globaltradingtools.com/testimonials/j-saraga-moving-average-indicator/

Toto (NinjaTrader Forum)

I needed the listing/codes of all the US equity markets and after much review purchased his Easy Load USA. It is a great product at a fair price. His website had many testimonials of his support. I have to agree, he is on top of it... If you want to access the power of NT across all instruments... you need those instrument definitions in your instrument manager and that is exactly what Easy Load does. Well done Stuart. Click for full NinjaTrader forum post
Global Trading Tools
2014-03-20T02:48:45+10:00
I needed the listing/codes of all the US equity markets and after much review purchased his Easy Load USA. It is a great product at a fair price. His website had many testimonials of his support. I have to agree, he is on top of it... If you want to access the power of NT across all instruments... you need those instrument definitions in your instrument manager and that is exactly what Easy Load does. Well done Stuart. Click for full NinjaTrader forum post
https://www.globaltradingtools.com/testimonials/toto-ninjatrader-forum-20140319/

Matt Cave (via Twitter) @MatthewCave

For anyone that wants to use NinjaTrader to chart ASX shares, I highly recommend using the Easy Load ASX installer by Global Trading Tools.
Global Trading Tools
2014-03-02T12:12:50+10:00
For anyone that wants to use NinjaTrader to chart ASX shares, I highly recommend using the Easy Load ASX installer by Global Trading Tools.
https://www.globaltradingtools.com/testimonials/matt-cave-easy-load-asx-ninjatrader/

Ivan B., Australia

Man - that is great support ... thank you Stuart - many traders are in the position I am in ... I am certain that if you give this kind of REAL help, your business can not help but prosper. Thank you heaps
Global Trading Tools
2014-03-02T12:14:33+10:00
Man - that is great support ... thank you Stuart - many traders are in the position I am in ... I am certain that if you give this kind of REAL help, your business can not help but prosper. Thank you heaps
https://www.globaltradingtools.com/testimonials/ivan-b-great-support/

Robert H., Australia

The video library is awesome mate… so many good videos on there!
Global Trading Tools
2015-03-06T19:16:42+10:00
The video library is awesome mate… so many good videos on there!
https://www.globaltradingtools.com/testimonials/robert-h-australia/

Andrew K.

Thanks very helpful great product. Appreciate your help (RE: Easy Load ASX)
Global Trading Tools
2015-04-16T11:58:45+10:00
Thanks very helpful great product. Appreciate your help (RE: Easy Load ASX)
https://www.globaltradingtools.com/testimonials/easy-load-asx-review-andrew-k/

Gordon K., Australia

RE: Easy Load ASX... Thanks for the follow up Stuart. Compliments on your product.It was very handy and made my job so much easier :)
Global Trading Tools
2014-03-12T22:06:46+10:00
RE: Easy Load ASX... Thanks for the follow up Stuart. Compliments on your product.It was very handy and made my job so much easier :)
https://www.globaltradingtools.com/testimonials/gordon-k/

John K., Canada

Thanks for answering all my questions, and your Easy Load TSX product is awesome. Just what I needed!
Global Trading Tools
2014-09-10T12:56:28+10:00
Thanks for answering all my questions, and your Easy Load TSX product is awesome. Just what I needed!
https://www.globaltradingtools.com/testimonials/easy-load-tsx-john-k-canada/

KR

All in all its been great so far and I am learning a lot...trading for yourself is a very different ball game to trading for a major bank, and being able to learn the business from honest experienced and friendly guys is really valuable.
Global Trading Tools
2014-03-02T12:02:22+10:00
All in all its been great so far and I am learning a lot...trading for yourself is a very different ball game to trading for a major bank, and being able to learn the business from honest experienced and friendly guys is really valuable.
https://www.globaltradingtools.com/testimonials/kr-learn-honest-experienced/

Gordon W., United States

RE: Easy Load USA (NYSE/NYSE MKT/NASDAQ)... You are awesome. Thank you.
Global Trading Tools
2014-03-18T10:59:17+10:00
RE: Easy Load USA (NYSE/NYSE MKT/NASDAQ)... You are awesome. Thank you.
https://www.globaltradingtools.com/testimonials/gordon-w-united-states/

Pablo C.

… and I must say your product, Easy Load NSE is awesome. I’ve been waiting to use Ninja Trader for a long time and it is now possible. Really glad!!!
Global Trading Tools
2014-09-08T13:48:13+10:00
… and I must say your product, Easy Load NSE is awesome. I’ve been waiting to use Ninja Trader for a long time and it is now possible. Really glad!!!
https://www.globaltradingtools.com/testimonials/easy-load-nse-ninjatrader-india-pablo-c/

Mark M.

I have said in the past your subscription fees represent excellent value and the monthly fee for the Traders Boardroom plus TMR Indicator Bundle is a price I would pay just to get access to the wealth of knowledge you and Davin provide in the video library alone.
Global Trading Tools
2014-03-02T12:07:35+10:00
I have said in the past your subscription fees represent excellent value and the monthly fee for the Traders Boardroom plus TMR Indicator Bundle is a price I would pay just to get access to the wealth of knowledge you and Davin provide in the video library alone.
https://www.globaltradingtools.com/testimonials/mark-m-tmr-indicator-ninjatrader/

Sami M, Queensland

I couldn't have gotten to this point without all your help, guidance and teaching both outside and inside the boardroom. You've cut my learning curve down by years and significantly reduced the chance of me blowing up my account!! Thanks so much for everything.
Global Trading Tools
2014-03-02T12:03:30+10:00
I couldn't have gotten to this point without all your help, guidance and teaching both outside and inside the boardroom. You've cut my learning curve down by years and significantly reduced the chance of me blowing up my account!! Thanks so much for everything.
https://www.globaltradingtools.com/testimonials/sami-m-help/

Martin Hunting

I purchased GTT 'Easy Load' ASX from Stuart a couple of months ago and I had to reload the software twice as I purchased a new computer and then it crashed! Stuart's assistance each time was prompt and the software is very easy to manage. I have had no problems with the symbols that was downloaded, works very well with NinjaTrader. Moreover Stuarts videos are an excellent introduction to NinjaTrader. Great service Stuart!
Global Trading Tools
2014-03-09T15:10:48+10:00
I purchased GTT 'Easy Load' ASX from Stuart a couple of months ago and I had to reload the software twice as I purchased a new computer and then it crashed! Stuart's assistance each time was prompt and the software is very easy to manage. I have had no problems with the symbols that was downloaded, works very well with NinjaTrader. Moreover Stuarts videos are an excellent introduction to NinjaTrader. Great service Stuart!
https://www.globaltradingtools.com/testimonials/martin-hunting/

KR, New Zealand

I really value how you and Davin keep reiterating the basics....stick to the setups, trade when the structure is in your favour but the outcome is unknown, trade the edges, to keep the risk tight and hence achieve good risk to reward. this keeps me focussed on the basics which I must repeat day after day.
Global Trading Tools
2014-03-02T12:05:01+10:00
I really value how you and Davin keep reiterating the basics....stick to the setups, trade when the structure is in your favour but the outcome is unknown, trade the edges, to keep the risk tight and hence achieve good risk to reward. this keeps me focussed on the basics which I must repeat day after day.
https://www.globaltradingtools.com/testimonials/kr-nz-reiterating-basics/

Lance B, Queensland

Re: Easy Load ASX installer for NinjaTrader The process was nice and simple. My backup Ninja now has ASX stocks loading through Yahoo.
Global Trading Tools
2014-03-02T12:10:38+10:00
Re: Easy Load ASX installer for NinjaTrader The process was nice and simple. My backup Ninja now has ASX stocks loading through Yahoo.
https://www.globaltradingtools.com/testimonials/lance-b-easy-load-asx-ninjatrader/

Ant B., United Kingdom

Just want to thank you for your continued support and advice. I appreciate it.
Global Trading Tools
2014-03-02T11:58:13+10:00
Just want to thank you for your continued support and advice. I appreciate it.
https://www.globaltradingtools.com/testimonials/ant-b-continued-support/

Adam F., Victoria

the topic on congestion to expansion... that’s been GOLD.
Global Trading Tools
2014-03-02T11:59:56+10:00
the topic on congestion to expansion... that’s been GOLD.
https://www.globaltradingtools.com/testimonials/adam-f/

Don K., Queensland

I always get lots from your presentations. What you show us, saves a massive amount of time in trial and error, so is very helpful.
Global Trading Tools
2014-03-02T12:06:18+10:00
I always get lots from your presentations. What you show us, saves a massive amount of time in trial and error, so is very helpful.
https://www.globaltradingtools.com/testimonials/don-k/

Mark M. (Australia)

There is no doubt you and Davin are the real deal and very open and honest with everything, so much appreciated!!
Global Trading Tools
5
2015-04-16T11:49:10+10:00
There is no doubt you and Davin are the real deal and very open and honest with everything, so much appreciated!!
https://www.globaltradingtools.com/testimonials/mark-m-australia/

Sami M, Queensland

the info you guys are providing is invaluable!
Global Trading Tools
2014-03-02T12:01:02+10:00
the info you guys are providing is invaluable!
https://www.globaltradingtools.com/testimonials/sami-m-invaluable/
1
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1. Global Trading Tools is NOT a Broker Dealer or a Registered Investment Advisor (RIA). Global Trading Tools provides trading tools and engages in trader education & training.
2. The webinars, seminars and online training courses given by Global Trading Tools are for educational purposes only. This information neither is, nor should be construed, as an offer, or a solicitation of an offer, to buy or sell securities. You shall be fully responsible for any investment decisions you make, and such decisions will be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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CFTC RULE 4.41 Hypothetical or simulated performance results have certain inherent limitations unlike actual performance records: simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under or over compensated the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No presentation is being made that any account will or is likely to achieve profits or losses similar to those predicted or shown.