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)...
New Educational Content This Month
November 22, 2023
Utilizing Trend & Mean Reversion in Breadth Studies to Gauge Market Conditions
Presenter(s): Victor Riesco
November 18, 2023
Beating the Bench
Presenter(s): Scott Brown, CMT
October 25, 2023
Equity Risk & Potential – Q4, ’24 & Beyond
Presenter(s): Timothy Hayes, CMT