Wednesday, July 19, 2006

Mid-week reading material

Brett Steenbarger has a nice summary of the two primary schools of thought in trading on his blog. The first is the visual / discretionary trader, and the second is the edge / statistical trader. The differences and similarities between the two are worth studying, especially their often different relationships with leverage. Which school of thought sounds the most appealing to you? Which sounds the most like your trading? If there is a divergence, you might have found an opportunity to improve your trading results by consciously shifting your efforts.

Chris "Piranha" posted his newsletter for the weekend to his blog. Usually only subscribers get his full report. Chris does excellent work, I have learned a lot from studying his market analysis over the past several years. If you like what you see, check out his website marketstockwatch.com.

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