Volatility Report (click title for full report)
December 12, 2021
Trading Fact of life #22: an optimist is more successful at trading.
They make opportunities out of difficulties. Pessimists will pay attention only to information that fits their point of view. They will see nothing else. Optimists will look for opportunities no matter which way the wind is blowing, long or short.
November 15, 2021
Contrary Thinker is more than a Contrarian.
Our group created a volatility model that predicts change and the quality of buying and selling. We also founded the New School of Technical Analysis, 100% price based where media provides a back story, after the fact.
Traders like Jesse Livermore spoke about his first principle that making big money is by sitting and waiting, not trading. They are waiting until all the factors are in favor of his trading strategy before making the trade.
The modern-day hedge funds control risk by not taking a risk, but once everything is 100% correct based on their comprehensive system or trade plan checklist, they enter the markets and, in the words of Druckenmiller, “go for the jugular, they leverage up throughout the series to maximize profits. This is exactly what the Turtle Traders do with their trend-following systems.
Great and Many Thanks,
Jack F. Cahn, CMT
Contrary Thinker since 1989,
Contrary Thinker 1775 E Palm Canyon Drive, Suite 110- box 176 Palm Springs, CA
92264 USA. 760-459-4681 OR
25/1 Poinsettia Court Mooloolaba, QLD Australia 4557 614-2811-9889
— Contrary Thinker does not assume the risk of its client’s trading futures and offers no warranties expressed or implied. The opinions expressed here are my own and grounded in sources I believe to be reliable but not guaranteed.
— Pricing is subject to change without notice. My indicators and strategies can be withdrawn for private use without notice at any time.
–Trading futures and options involve the risk of loss. Please consider carefully whether futures or options are appropriate for your financial situation. Use only risk capital when trading futures or options
November 9, 2021
What do we know? What are the facts that are undeniable?
We know that since the Reagan revolution 45 years ago the power regime changed. With that, the fiscal policy of the United States changed. With the 1980 election came a very long-term break from Rooseveltian “New Deal” fiscal policy. By the election of 2020, the major change was clear from the “New Deal” to the new “Gilded Ages” pro-business laissez-faire now called neoliberal, aka new liberal. What also changed from 1980 to date is the configuration of the house/senate and the president’s parties. Gridlock has been the configuration of governmental power in the majority over the last 40 years.
November 7, 2021
They all like to refer to Robert J Farrell and quote his ten rules
But few if any worked for him and the majority pay his rules lip service quoting them in social media marketing as information only.