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.
Mike Carr, CMT
Revising the Reward-Risk Ratioby George Rahal
Reward-Risk is a term for the ratio of the potential profit to the potential loss of a trade. In using such analysis, the entry price and the prices at which profits or losses will be taken are...
Social Values and Political Fragmentation: Right on Scheduleby Andre Ratkai, CFA
Note: The Long Wave and Social Values help to explain to me (and hopefully others) the current political fractiousness, rise of Tea Party, etc. It’s just a view of the world today, rather than the...
Investing With Volume Analysis: Identify, Follow, and Profit From Trends by Buff Dormeier, CMTby Buff Dormeier, CMT & Michael Carr, CMT
Recognized with the Dow Award for his 2006 paper on volume, Buff is already a recognized expert on the subject. In that paper, he introduced the Volume Confirmation Price Indicator (VCPI). With this...
Portfolio Simulation to Optimize Trading Systemsby Rick J. Martin, CMT, CAIA, CFP
On May 19, 2006, Rick made a presentation as part of the MTA Education Seminar. It is available in the On Demand Video Archives. The presentation is another example of the timeless value of the...
Interview with Jason Meshnick, CMTby Jason Meshnick, CMT & Amber Hestla-Barnhart
How would you describe your job? I create web-based investment research tools and reports for investors. I work for the Wall Street On Demand division of Markit, which designs, builds, and hosts...
Board Elections Underway – Vote Now! Members, Honorary Members and Emeritus Members, please note the following: Online proxy voting for the upcoming election of MTA At-Large Board positions (3)...
George Rahal has been writing about financial markets for several years. He began his career in Lazard Capital Markets’ equity research department. He has since been involved in technical research and trading, which he applies in his current role at Landor Capital...
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...
Buff Dormeier, CMT
Buff Dormeier serves as the Chief Technical Analyst at Kingsview Investment Partners. Previously, he was a Managing Director of Investments and a Senior PIM Portfolio Manager at the Dormeier Wealth Management Group of Wells Fargo Advisors. In 2007, Dormeier’s...
Michael Carr, CMT
Mike Carr, who holds a Chartered Market Technician (CMT) designation, is a full-time trader and contributing editor for Banyan Hill Publishing, a leading investment newsletter service. He is an instructor at the New York Institute of Finance and a contributor to various...
Rick J. Martin, CMT, CAIA, CFP
Rick Martin is the founder and Managing Member of SectorBets Group, LLC. He was previously the Director of Research for Ryan Beck & Co. and the principal of Ryan Beck Kronos Fund, LP. Rick has over 24 years of investment and securities experience. In addition to his...
Jason Meshnick, CMT
Jason Meshnick, CMT, is the Director of Product Management at Markit Digital, a division of IHS Markit. There, he creates well-known market analytics including the CNN Business Fear & Greed Index. His past career included work as a principal trader, market maker, and hedger....
New Educational Content This Month
June 7, 2023
The 5% Canary
Presenter(s): Andrew Thrasher, CMT
May 24, 2023
The Four P’s of Investing
Presenter(s): David Lundgren, CMT, CFA
May 17, 2023
Using Technical Analysis to Develop Options Trade Ideas
Presenter(s): Greg Harmon, CMT