Kitchen Sink

Welcome to the Kitchen Sink

For those wondering about the title of this category. It’s taken from the phrase “everything but the kitchen sink”. It’s an English language idiom meant to convey everything imaginable. In this context, the rest of the site is meant to contain everything imaginable for the trading community. This is the place we put everything else.

Here you will find articles on various topics. Many of these were prompted by correspondence with viewers like you. In fact some of the content in the articles was copy and pasted straight out of an email I sent. It fascinates me, how someone can ask a simple question, and the process of formulating an answer teaches me something new. I immediately want to share, anything I have recently learned.

I hope you enjoy these articles, and find some nourishing bits of knowledge to help light your path.

Automated Trading Systems

Some Very Important Details When Constructing Your Own Fully Automated Trading Systems The following article was taken from an exchange of emails with several clients. I felt this part of the dialog would be very helpful for our viewers. included below are some of the most important aspects to be aware of when constructing fully […]

Strategy Equity & P/L Graph

Moving Averages With Exponential Problems 8

Exponential Averages, not What They Appear to Be This article “Moving Averages With Exponential Problems”, was prompted by a few different emails exchanged with our viewers. After contemplating these conversations I soon realized I needed to share this with the trading community. It is highly likely the information presented here is going to be something […]

Strategies Winning Percent Versus Risk Reward

Having studied many professional traders, I found another thing they held in common. Trade management. It was how they either scaled in or scaled out of their trades, and sometimes both in the same trade. By managing the risk, I’ve seen the pro’s make very good profits while being right less than 25% of the time. However they also balance that by letting the profits run whenever possible.

Strategies Winning Percent Versus Risk Reward
Thinkorswim Strategy Guide MTF

Thinkorswim Strategies Complex Stop Management 6

The other factor is the way Thinkorswim implements a Strategy. Everything is modular. You are able to use one piece of code for your long entries, another piece of code for your short entries, and then use entirely different pieces of code to manage the exits. It’s designed to let you mix them around like Lego’s.

Learning How To Trade

I have spent many years studying under various professional traders. Some are better teachers than others. And while I haven’t yet reached the Pro level myself, I have some advice which I hope will shorten your learning curve and smooth some of the speed bumps.