Register Now    All Threads    The Rules    About Forum
DailyFX Calendar DailyFX Charts DailyFX News DailyFX Forum
Go Back   DailyFX Forum > Blogs > Rockwell Trading, Inc. - Markus' Blog
Bookmark This Site Register Blogs Search Today's Posts Mark Forums Read

Markus Heitkoetter

As CEO at Rockwell Trading, Inc., Markus has taught hundreds of investors in the U.S. and European markets. Markus started trading 19 years ago, using point and figure charts from published numbers in the morning newspaper, mainly with stocks. In 1996, he began developing a number of trading systems by using SuperCharts (which is now TradeStation), MetaStock, OmniTrader and other software. In 2002, Markus decided to quit his regular day job as a director at IBM and become a professional trader. He moved from Germany to the United States to get started.

Throughout his career, Markus has traded EVERYTHING: stocks, options, futures, commodities, spreads, Forex, foreign markets, interest rates, etc. If it’s out there, he’s probably traded it. In addition, he’s traded on a wide variety of different timeframes: ticks, 1-, 3-, and 5-minute, hourly, daily, and weekly.

In the past 5 years, Markus has taught his strategies and methods to hundreds of traders all over the world, offering educational webinars for the CME (Chicago Mercantile Exchange), Eurex, FxStreet, Strategy Runner, and other financial companies. He’s written articles on over 500 websites, and he’s become an expert contributor on ezinearticles.com, Yahoo Answers, and FAQTs.com. Markus holds the German equivalent to an MBA in Business Administration and Computer Science.

ClicK Here to learn more about Rockwell Trading, Inc.
Click Here for a Free Day Trading Strategy Lesson

Old

Why You MUST Stay In Contact With Other Traders

Posted 10-30-2008 at 10:04 PM by RockwellTrading.com
Why You MUST Stay In Contact With Other Traders

Today I finally found some time to read Adrienne Laris Toghraie's excellent newsletter "The Discipline Perspective of Trading". Adrienne is a Trader's Coach and has taught hundreds or maybe even thousands of traders emotional control and discipline.

In the latest issue of her newsletter, Adrienne talks about "Excellence Versus Mediocrity in Trading". She explains the relationship between excellence and competition. In a nutshell: Without competition you won't be able to achieve excellence.

You need to measure your results against your own standards AND the results of other traders. If you trade in a vacuum, it will be difficult...
RockwellTrading.com's Avatar
Special Guest Trader
Posted in Uncategorized
Comments 0 RockwellTrading.com is offline
Old

Daily currency analysis for Monday, October 27, 2008

Posted 10-29-2008 at 01:16 AM by RockwellTrading.com
Daily currency analysis for Monday, October 27, 2008

EUR/US$

The Euro remained under pressure in European trading on Monday and dipped to lows around 1.2330 against the dollar, a fresh two-year low for the currency.

The German IFO business sentiment index weakened further to 90.2 in October from 92.9 previously, a record low for the index as expectations deteriorated sharply. Although IFO officials also cautioned against excessive pessimism, there will be further expectations of Euro-zone deterioration and pressure for further interest rate cuts.

In comments on Monday, ECB Chairman Trichet stated that the bank could cut interest rates gain at the November 6 meeting, although a reduction...
RockwellTrading.com's Avatar
Special Guest Trader
Posted in Uncategorized
Comments 0 RockwellTrading.com is offline
Old

The Power Of Weekly Profit Goals In Day Trading

Posted 10-28-2008 at 12:02 AM by RockwellTrading.com
The Power Of Weekly Profit Goals In Day Trading

For many years we have been teaching the power of weekly profit goals in our Day Trading Coaching Program.

We help our students to determine a weekly goal that is attractive for them and realistic. Once this goal is achieved, we tell them to stop trading for the rest of the week and start fresh the next week.

At first glance this sounds weird and traders ask me: "Why should I stop trading when I am ahead? If I keep trading, I will make more money".

Let me show you proof:

This morning I received a trading log from a trader who has been taking 138 trades in the past 4 weeks. Unfortunately the past couple of...
RockwellTrading.com's Avatar
Special Guest Trader
Posted in Uncategorized
Comments 0 RockwellTrading.com is offline
Old

How Many Markets Should You Trade?

Posted 10-23-2008 at 10:56 PM by RockwellTrading.com
How Many Markets Should You Trade?

This morning I received an email from Michael in Australia. He has been following our Simple Day Trading Strategy for trading multiple markets and wrote: "I only trade the e-mini S&P".
Here's my answer: BIG mistake!
Never trade only one market. There are some times when a market is trending and easy to trade, and there are times when markets are just moving sideways. Take a look at the 5 min chart of the e-mini S&P on 10/20/2008:





As you can see the market was just moving sideways and not really trending. If you applied a trend-following strategy...
RockwellTrading.com's Avatar
Special Guest Trader
Posted in Uncategorized
Comments 1 RockwellTrading.com is offline

All times are GMT +1. The time now is 01:42 AM.


Copyright ©2005 Daily FX. All Rights Reserved.