Archive for Boris Schlossberg

Know Your Flow

Those of you who follow me on twitter every day know that I am big proponent of trading flow - that is trading in the direction of the immediate trend which has proven to be profitable strategy in the FX market, especially over the past several months. Indeed, it is only when I stubbornly fade [...]

Distraction Destruction

This week Kathy and I wanted to trade the MPC meeting notes in our private BK signal service. Normally we do not trade central bank meetings because they can be notoriously difficult to predict. However, this time we were pretty confident that the tone of the MPC minutes would be dovish especially since uber hawk [...]

Trade Like a Professional Gambler

One of the greatest comedic bits ever written is a discourse by George Carlin in which he takes on the hypocrisy of the English language, especially as it relates to war. Carlin notes that in World War I the words for the stress of combat were “Shell Shock”. In WWII the term was changed to [...]

Touch Trading

Old time chartists used to lament the onset of computer generated graphs noting that there was just no substitute for manually marking every price movement on a piece of paper. Although modern day traders dismissed those observations as grumbles from the dinosaur age, now comes a New York Times article that substantiates much of [...]

Game, Set, Match

RT @LeadToday The best leaders don’t focus on what has happened, they focus on what’s going to happen.

When I was flying back from Dubai last week I had chance to watch one of the greatest tennis matches ever played. The in-plane entertainment system had the McEnroe v. Borg Wimbledon final from 1981 and I was [...]

No Luck in Trading

The harder I work, the luckier I get

Samuel Goldwyn

Like almost every action in life where chance plays a role, trading is subject to luck. How many times have we seen a bad bounce along the third base line result in a run in baseball or an unintended flick of the foot score a goal [...]

Citizen of the World

Melbourne, Singapore, London, Dubai - as K and I hop around the world, everything can sometimes become blured. Occasionally you wake up in some corporate hotel room and wonder, “Where am I?” But despite the crammed air travel, the bland food and the brutal sleep deprivation I am always grateful for the journey and most [...]

Too Clever For Your Own Good

“According to everyone we’ve spoken to, the market is expecting Raj Rajaratnam to get convicted of insider trading. But hold on. I’m still not 100% convinced that Raj will get convicted.” So began article on Clusterstock.com last week as the Raj jury went into deliberation.

“Having been at the Raj trial, I can tell you [...]

Tricks of the Trade Part 2 - Learning to Lose

To trade well you must learn to lose. That may sound like unusual advice from a guy who throws more temper tantrums than a teething baby any time a trade doesn’t go his way, but it is nevertheless the most fundamental truth of this business. Trading at its core is the art of managing failure.

Of [...]

Tricks To Help You Trade Part 1

The other day someone who works for a very obnoxious boss asked me for advice. I flippantly answered that there are only two choices when you work for a truly odious person - homicide or quiting. Although my remark was of course made in jest it contained a kernel of truth. The older I [...]