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What to do to your positions when volatility increases

The Michael Martin Show

Release Date: 04/09/2018

Why high short interest and uptrends produce large profits show art Why high short interest and uptrends produce large profits

The Michael Martin Show

  From time to time, you might find an equity that traders and investors are betting against, but they prove all the naysayers wrong.   If that stock has high % short interest, and it starts to trend higher, you have the potential to penalize the naysayers who will all have to pay you to cover.   Look for high short interest and uptrends.   Click here to .

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How to use technical analysis to play superior defense show art How to use technical analysis to play superior defense

The Michael Martin Show

  Great traders are using technical analysis to protect their capital which is job #1.   If you know your risk, the entries are not that important.   Most amateurs focus on the wrong things for several reasons.   They don't have solid goals, they are too short-sighted, and they are not friends with their feelings.   Click here to .

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When you're doing well, ask for more show art When you're doing well, ask for more

The Michael Martin Show

  When you're doing well, ask for more money to manage.   Ask for a free Bloomberg.   Ask for forgiveness of desk rent or fees.   Ask for a higher payout on your trading profits.   If you don't ask, they own you.   If you don't ask, it's knot going to just show up.   You have to ask for it.   Make your case and have confidence in yourself.   Click here to .

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How did you figure out your optimal bet size?  show art How did you figure out your optimal bet size?

The Michael Martin Show

  Bet size determines what you make and lose.   How did you come to decide your current bet size?   You probably guessed and just chose one.   You can use Kelly Criterion to figure out the best size after hundreds / thousands of trades.   Click here to .

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Learn how to sidestep the outliers to the downside show art Learn how to sidestep the outliers to the downside

The Michael Martin Show

  Sidestepping the large losses will do wonders for your P&L and also build enormous trust between you and your clients.   They've already lost a great deal of money on their own or with another manager.   Admit your wrong and get out.   The client will forgot your being wrong about a name over time, but they will not forget a 40% hit.   Click here to .

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You can't trust indicators - learn to live with the uncertainty show art You can't trust indicators - learn to live with the uncertainty

The Michael Martin Show

  Using Relative Strength for stocks and seasonality in commodities are about as far as I'll go in talking about what you can rely on.   Most others are unreliable as stand-alone indicators.   If 'price' is the input, the indicator only helps you see or confirm what you can already see in the price itself, so just use the price.   Click here to .

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How asset allocation helps portfolio managers who run several systems concurrently show art How asset allocation helps portfolio managers who run several systems concurrently

The Michael Martin Show

  You are programmed to behave the way you behave and that makes the results you are getting in your life predictable.   The mechanical part of that is how you allocate the funds you manage.   You can also backtest running several systems at the same time. Yes, you can do that...   Click here to .

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Why you should get as messy as possible in hitting your goals show art Why you should get as messy as possible in hitting your goals

The Michael Martin Show

  Don't worry about what it looks like.   If you keep your mouth shut, you won't have to worry about what everyone else will say when you slip and get up.   They don't slip because they don't have the b*lls to do what you do and take chances.   They also stagnate and don't grow.   Stay away from these losers.   Click here to .

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Why reacting to changing markets makes you a philanthropist show art Why reacting to changing markets makes you a philanthropist

The Michael Martin Show

  Just give the money away ahead of time.   At least you can steer it to a cause you care about, not a winning trader.   Click here to .

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Conserve your brainpower and eliminate all distractions show art Conserve your brainpower and eliminate all distractions

The Michael Martin Show

  This includes turning off the tv and having silence.   If you're lonely, you know what you can do...   Click here to .

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If volatility increases while you have an existing position on, you should probably cut the size of the trade down to reflect the new vol.