The Crosshairs Trader Blog

DR DOUG HIRSCHHORN DISCUSSES STOCK TRADING MATH AND LIZARD BRAINS

Written on August 28, 2010 by David in Trading Generals

In the following video Dr Doug Hirschhorn discusses how the best traders trade based on mathematical probabilities, not lizard brain emotions.

If you are not familiar with Dr Doug you can catch my three part interview with him here.

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EARNINGS DATE LOCATOR
Crosshairs Traders track earnings dates for two reasons: 1) to take advantage of increased volatility ahead of earnings, and 2) to remove the element of surprise when deciding to either hold on to or enter a position. An earnings report, when used properly, can provide an opportunity to make a profitable trade; when used improperly it is nothing more than a gamble.