Andre Ratkai, CFA

Andre Ratkai, CFA

Andre Ratkai, CFA is President and Chief Investment Officer of Praxis Advisory Group, Inc., an independent investment advisor providing portfolio management and asset allocation services for stock, bond, and mutual fund investors. Mr. Ratkai provides the investment management and research and is the primary client contact for all accounts. Prior to offering Praxis Advisory Group’s services in 1992, Mr. Ratkai served for four years as portfolio manager for Alpine Capital Management Corp., a Denver-based registered investment advisor. He was a member of Alpine’s investment team that was responsible for more than $100 million of managed stock, bond, and mutual fund accounts. For more info, please visit

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Letter from the Editor

We’re featuring a couple longer articles this month, which we think fit well in our newsletter. George Rahal takes a detailed look at quantifying potential rewards relative to risk, an important trading consideration. His contribution is well written and understandable to the novice trading system developer while offering new insights to veteran programmers. Andy Ratkai, CFA, recently prepared a report for his clients that brought together several interesting macro insights. In a way, he ties wave analysis into behavioral finance and raises a number of thought-provoking ideas. Buff Dormeier, CMT, continues to share high quality research on methods for applying volume to market analysis. He recently released a book which adds to the Body of Knowledge of Technical Analysis while offering actionable guidance for traders. It’s also that rare book which is interesting and a fun read. Although we never make guarantees in our profession, I am confident that I could guarantee everyone will learn something form this book as Buff combines historical stories with new techniques. Next month, many members will gather at the Annual Symposium in New York. This event is always well-attended and highly educational. It’s also an opportunity to meet other members, and I hope to meet many of you so that I can learn what you expect from your newsletter. Sincerely, Mike Carr, CMT [post_title] => Technically Speaking, April 2011 [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => technically-speaking-april-2011 [to_ping] => [pinged] => [post_modified] => 2020-03-11 17:26:42 [post_modified_gmt] => 2020-03-11 21:26:42 [post_content_filtered] => [post_parent] => 0 [guid] => [menu_order] => 0 [post_type] => technically_speaking [post_mime_type] => [comment_count] => 0 [meta_id] => 410999 [post_id] => 47256 [meta_key] => newsletter_content_1_contributor [meta_value] => a:1:{i:0;s:5:"47261";} ) [1] => stdClass Object ( [ID] => 48738 [post_author] => 2 [post_date] => 2007-01-15 12:00:25 [post_date_gmt] => 2007-01-15 17:00:25 [post_content] =>

From the Editor’s Desk

We start the New Year with a new look for Technically Speaking. Tim Licitra has been working hard to make this newsletter more visually appealing, and in the coming months he’ll continue to lead this effort. If you have any suggestions, don’t hesitate to contact him. As you’ll read throughout this issue, the MTA is trying to actively engage all its members in the business of the Association. This theme is found in articles by Charlie Kirkpatrick, CMT about the MTA Educational Foundation, the letter from Executive Director Tom Silveri, and the short note from our newly appointed Volunteer Czar, Fred Meissner. CMT. I hope you’ll consider contacting Fred and getting more involved – we need your help. Although we include a lot of MTA news, this month’s issue also presents some practical investment research and a brief article on trading psychology. Larry Connors from recently completed some research on the best trading days of the month, and we are able to reprint that. This work could form the basis of a futures trading strategy or can help you time monthly mutual fund purchases. Without a doubt, it has applicability to all traders. Andy Ratkai, CFA, recently published an article reminding us to rely on our own work, and not to become overly invested in the opinions of others. It seems like a nice way to start trading this year, consciously resolving to ignore the talking heads on CNBC and in the press and doing our own work. Finally, Dave Aronson, CMT, has written a book asking us to think about raising the bar in our research. Statistical significance would increase the credibility of technical research and should increase your trading profits, a true win-win outcome. I conclude by quoting an old Wall Street adage, “May your best trade of last year be your worst trade of the New Year.” Mike Carr, CMT Editor, Technically Speaking [post_title] => Technically Speaking, January 2007 [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => technically-speaking-january-2007 [to_ping] => [pinged] => [post_modified] => 2020-08-03 11:00:53 [post_modified_gmt] => 2020-08-03 15:00:53 [post_content_filtered] => [post_parent] => 0 [guid] => [menu_order] => 0 [post_type] => technically_speaking [post_mime_type] => [comment_count] => 0 [meta_id] => 444346 [post_id] => 48738 [meta_key] => newsletter_content_3_contributor [meta_value] => a:1:{i:0;s:5:"47261";} ) [2] => stdClass Object ( [ID] => 52167 [post_author] => 2 [post_date] => 2005-11-15 12:00:41 [post_date_gmt] => 2005-11-15 17:00:41 [post_content] => From the Editor’s Desk “November Issue of Technically Speaking” I believe these past several years have been the most dynamic and important ones in the history of the MTA. During this time, the MTA grew up. We went from an obscure social club primarily for New-York-based technicians, to a professional regulatory organization (PRO) with an industryaccepted professional certification program, computerized testing and a new state-of-the art computer platform to service its Membership. But, with growth and success often comes change – you just can’t get around it. One of these changes has been our relationship with IFTA, the International Federation of Technical Analysts that our own Ralph Acampora founded many years ago. On the cover, MTA President Jordan Kotick explains our current relationship with IFTA and how we arrived there, and also shares some of the dialogue that he has had with IFTA President Bill Sharp to try to resolve our current conflict. Being on the MTA Board myself, I realize we have already sent out a very detailed account of this issue. But, because we feel it is so important for us to make every effort to accurately inform the Membership on the details of this issue, we would rather provide a little too much information than not enough. Inside, Contributing Editor Mike Carr, covers the July 16th meeting of the Denver Chapter, which featured a presentation by Andy Ratkai on Insider Trading. Also inside, Contributing Editors Jeannette Young and Garry Rissman provide detailed coverage of the October meeting of the New York City Chapter, which featured a presentation by Christopher Cady on Market Profile. Market profile is a relatively obscure charting technique that is very popular with floor traders. This issue also features a “how-to” article by professional trader Austin Passemonte, who uses mathematically-derived pivot point numbers to determine market trend and trading opportunities. Finally, just a quick reminder to make your reservations for the MTA’s 2006 Winter Retreat to be held on January 20th and 21st at the Four Points Sheraton in Miami Beach.. Each session will explore technical analysis from a different perspective, including trading, research and portfolio management. It looks to be a great event, not to mention just being in Miami in January is a great event in itself. Hope you enjoy this issue. John Kosar, CMT Editor [post_title] => Technically Speaking, November, 2005 [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => technically-speaking-november-2005 [to_ping] => [pinged] => [post_modified] => 2020-08-06 17:27:27 [post_modified_gmt] => 2020-08-06 21:27:27 [post_content_filtered] => [post_parent] => 0 [guid] => [menu_order] => 0 [post_type] => technically_speaking [post_mime_type] => [comment_count] => 0 [meta_id] => 538092 [post_id] => 52167 [meta_key] => newsletter_content_3_contributor [meta_value] => a:2:{i:0;s:4:"7251";i:1;s:5:"47261";} ) )