Systematic trading by Robert Carver

I was looking for a trading book that goes beyond to the typical basic concepts and that send messages as “this is the book that will make you millionaire”.

Well, this is the first book I found with this characteristics. Very complete one, and complex enough that is going to force me to review many concepts again in detail.

Any other suggestion for next book?

Squeeze Momentum Indicator by LazyBear

Squeeze Momentum Indicator by LazyBear is a volatility indicator that I discovered in TradingView.

This is a derivative of John Carter’s “TTM Squeeze” volatility indicator, as discussed in his book “Mastering the Trade” (chapter 11).

Black crosses on the midline show that the market just entered a squeeze ( Bollinger Bands are with in Keltner Channel). This signifies low volatility , market preparing itself for an explosive move (up or down). Gray crosses signify “Squeeze release”.

Mr.Carter suggests waiting till the first gray after a black cross, and taking a position in the direction of the momentum (for ex., if momentum value is above zero, go long). Exit the position when the momentum changes (increase or decrease — signified by a color change). My (limited) experience with this shows, an additional indicator like ADX / WaveTrend, is needed to not miss good entry points. Also, Mr.Carter uses simple momentum indicator , while I have used a different method (linreg based) to plot the histogram.

Anticancer, a new way of life

I had this book in my list since a couple of years or so, finally I read it once a sibling was affected by the disease.

It’s a very valuable book independently of the circumstances. I was happy to discover that I was doing so many positive things to prepare the ground to avoid the disease.

The physiologic part of the book is very valuable, and put me on the perspective about what was happening to my family during these moments.