Archive for the ‘ BarroMetrics ’ Category

Sold out seminar but…

Margin Requirements – 11-19-2010

Just for your information and stay tuned for future events : A few who have not paid up could mean release of their seats if you wish to be on the queue.

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How would you like it if your trading earned a whopping return of 39% per annum on a compounded basis over the last 27 years?

Keen to learn from someone who has produced such a stellar track record?

Open to the public for the very first time, you can take a peek over the shoulders of legendary hedge fund trader Ray Barros in this coming workshop as he introduces a distilled version of his famous Barros Swing in a live trading demo.

Lesson with Ray

You will gain insights into Ray’s trading approach in this exclusive 10-pax group session. He will cover the following:

  • How he determines the trend of his trading timeframe
  • Answer the critical question: Is the trend likely to continue or change?
  • Share his trading methodology which doesn’t require the purchase of any expensive software.

This is a special one-off event and seats are VERY LIMITED and HEAVILY DISCOUNTED.

If you have always wanted to improve your trading but don’t know how, grab your seat to this workshop to equip yourself better.

Date: 24th November (Wednesday)

Time: 7:00p.m. – 10:30p.m. (Registration starts at 6:30p.m., door closes at 7:00p.m.)

Cost: $128

Register for Ray Barros’ workshop now!

For enquiries, call us at: +65-68378232.

About Ray Barros
Ray BarrosRay Barros is a professional trader, fund manager, author, and educator. Since he started trading more than twenty years ago, his track record reflects a whopping 39 percent per annum return on a compounded basis. This means a hypothetical investment of $1,000 returned over $230,000 in the 17-year period between 1990 and July 2007. He is also the author of ‘The Nature of Trends’ published by Wiley Press. Ray has been regularly featured in regional newspapers and publications like Sydney Morning Herald, Your Trading Edge Magazine, Business Times, and Smart Investor.

(read on)

Visit www.tradersroundtable.com.sg for more updates.
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TRT Seminar on Oct 19 2010

Here are some slides that depict the seminar on Discipline at the Traders’ Round Table presented by Ray Barros.

TRT Seminar by Ray on Oct 29 2010

For your information, Seats are limited to 30. Please register early to avoid disappointment.

Details at:

Discipline – How to Acquire It; How to Maintain It

TRAINER

Mr. Ray Barros

CONTENT

Understanding the Nature of Discipline

  • Why Will Power is Not Enough
  • The Rider and Elephant Analogy
  • Not Knowing What We Don’t Know – Our Governing Default Futures
  • Tools to Uncover and Change our Default Futures.
  • The Coyle Model and Our Default Futures
  • Traders Winners Bible
  • Emotional Transformation
  • Uncovering Our Hidden Drivers and The SCARF model
  • The Ultimate Success Formula

DELIVERY

The 3-session presentations will adopt the learning model in which concepts are explained, then an example is shown, and finally you will be asked to design each step of the new material. In this way, you will have at the end of each session, the new wiring that will lead you to your path of greater consistency. With this new wiring, you need only do the homework in preparation for the next session for the wiring to grow and take hold.

CLASS SCHEDULE

Date Time
29th Oct 2010 (Friday) 19:00 hours – 22:00 hours
6th Nov 2010 (Saturday) 14:00 hours – 16:00 hours
12th Nov 2010 (Friday) 19:00 hours – 21:00 hours

Register for Event

Notice of registration for free seminar on Sep 9, 2010

Hi All

This is a special notice for friends and associates.
Ray Barros said:
On September 9 at 1 Selegie Rd #03-06 PoMo Building (Paradiz Centre), Traders Round Table, at 7:00 PM to 9:00 PM, I am presenting two unique concepts for trading success:
  1. A practical application of the Coyle Model. The Coyle model is the revolutionary approach to learning; it exponentially increases the learning rate. Applicable to any form of learning, it is particularly conducive to trading success.
  2. My new trading trading model that synthesizes all the tools I use into one cohesive whole – the Barros Swings, The Ray Wave and the Wyckoff-Profile methods. The great thing is the new model does not require the use of any specialized software. Now in 2 hrs I won’t be able to present the whole model; so I will focus on trend identification, and one zone, setup and entry.
That’s the good news,
Here is the bad: no it’s not the cost – your investment is your time. There are no dollar charges.
The bad news is this post is going to around 5000. There are only 35 slots left. Registration is on a ‘first come, first serve basis’. In addition, if you register and are not at the rooms by 6:45 PM, we reserve the right to re-allocate your seat. This means:
  • if you plan to come, register early
  • if you register, plan to be at the rooms no later than 6:45 PM on Sept 9.
Here’s the link to register: http://www.tradersroundtable.com.sg/?page_id=9

About TRT soft launch on Sep 9, 2010

By Ray Barros:

The Traders Round Table

Published in September 1st, 2010 |
Posted by ray in Miscellaneous

BarroMetrics Views: The Traders Round Table

On Thursday, September 9, I’ll be taking a large step to achieving a long held desire.

The answer to this question has eluded me for years: how do I give full value to those attending my seminars and workshops? Frankly it’s disheartening to see attendees spend two to three days of their life and then $X, and within a short time after the presentation, act as if they never attended. In short, the dollars and time went down a black hole, with little to show for the effort.

Part of my answer was to re-organize  my structure so that early steps meant an investment of time and only few dollars. I now start with a 4-hour presentation for S$27.00 (about US$15.00) that offers all a trader needs to know, intellectually, for trading success. I stress intellectually because in this event, I present ideas. The experience is ideal for anyone who is comfortable acting independently and comfortable with applying ideas .

The second workshop is a 2-day workshop for S$650.00 (about US$425). This takes the 4-hour structure and fills in the details. It comes with a 30-day service where attendees ask questions on the material presented. As long as the attendee is prepared to work at the seminar material, success will come. This is the way I learned Wyckoff and the Profile. I can’t remember how long it took me to become comfortable with Wyckoff, but I do recall it took me nine months to learn to apply the Profile. This workshop aims to reduce the learning curve for attendees.

From my point of view, the great things about the two stages is there is only a small dollar investment. If the attendees decide to walk away, it’s no big thing.

The third stage is a 12-week mentor type course. It’s priced at S$4750 and comes with a money-back guarantee. I figure that by the time the student gets to this level, she ought to know if she is serious about becoming a successful trader.

So where does the  launch come in?

Thursday’s launch allows me to offer students additional support in the form of weekly reviews of the material and live examples of their application. It also provides a venue for traders to recover or strengthen their discipline or to just meet other traders.

I am hoping that the Traders Round Table will meet my own outcomes – wish me luck!

September 9 is soft launch of TRT

Stay tuned for more :

Cross ref

http://tradingsuccess.com/blog/

By Ray Barros

BarroMetrics Views: The Traders Round Table

Often I am asked: “Why do you teach?”

Sometimes I sense that the motivation behind the question is genuine curiosity; sometimes I sense that the motivation is: “you can’t be making as much money as they say – if you were that good, you wouldn’t be teaching”.

Both enquirers assume that my motivation for teaching is money. If that were true, then I would not teach. But my main motivation for teaching is not money. I do so because:

  • I am good at it
  • It brings just enough recognition to satisfy my need for status
  • It enables me to strike long-term friendships
  • It allows me to give something back to the market – in return for all that it has given me
  • it may allow me to leave a legacy and most of all….
  • It keeps me young and provides me with mental stimulus.

This last benefit was recently driven home.

A question asked by a coached student provided the spark that led to synthesizing the three disciplines I use in my trading plan: Barros Swings, The Ray Wave and Market Profile (under the Profile, I include the ideas of Richard Wyckoff – to me the Profile is an extension of  Wyckoff’s works). This synthesis allows me to change the material for the Habits of Success seminars. In that seminar, the challenge was to come up with a plan that:

  • Did not require specialised software
  • Had a reasonably high win rate with a positive expectancy. The Win Rate is important because the target audiences for HOS are traders who are struggling. A Win Rate that is around 30% will not cut it with this audience because of the baggage they are carrying – this is true even if the 30% produces a positive expectancy.

The HOS plan fulfills both requirements, but in the process, it produces about only one round a month per instrument. Because of this many HOS resorted to other plans; unfortunately, this led to a slip in discipline for the trading plan and as the discipline in this area gave way, the discipline in the risk management and journal keeping process also fell away.

To combat this I joined Tom Saw to set up the Traders Round Table in Singapore. For my students, the TRT provides them with the opportunity to join a community that will allow them to maintain their discipline. But I knew TRT would not be enough.

Then came the synthesis. This is why I am very excited about the ‘trading plan’  for HOS. Now instead of there being a gap between the foundational elements and the advanced section, we’ll now have a seamless whole. For the student, this means a more active trading rate without sacrificing the win rate and expectancy return.

On September 9, TRT will have a soft launch. I’ll be giving a two-hour talk. Watch for the registration link on these pages – some time this week. And yes, it’s a free open house and free talk.

Today at CNBC new studio in SGX Bldg

Ray Barros at CNBC’s new studio at SGX Bldg Singapore today:

Discussing the measures that the Bank of Japan might undertake to curb the yen’s rise, with Euan McCreadie, senior corporate dealer at OzForex, speaking with CNBC’s Oriel Morrison. Ray Barros, CEO of Ray Barros Trading Group, also charts the dollar-yen cross.

http://www.cnbc.com/id/15840232/?video=1577957268&play=1

Kirk West, executive director of international distribution at Principal Global Investors, is bullish on U.S. stocks, saying they could provide good returns despite a weak first-half. He talks to CNBC’s Oriel Morrison. Ray Barros, CEO of Ray Barros Trading Group, charts the S&P 500.

http://www.cnbc.com/id/15840232/?video=1577956523&play=1

Airtime: // Mon. Aug. 30 2010 | 10 11 00 ET

Investors should hold off from entering the Thai market because its overextended, says Ray Barros, CEO of Ray Barros Trading Group. He shares his technical analysis of the SET as well as the KOSPI with CNBC’s Oriel Morrison.

http://www.cnbc.com/id/15840232?video=1578027650&play=1

Airtime: // Mon. Aug. 30 2010 | 10 11 00 ET

Ray Barros, CEO of Ray Barros Trading Group, forecasts spot silver will hit $20 an ounce. He charts the precious metal along with other viewer requests with CNBC’s Oriel Morrison.

http://www.cnbc.com/id/15840232/?video=1578027785&play=1

Then Jim Rogers thereafter at studio: http://www.cnbc.com/id/38913263

Airtime: // Mon. Aug. 30 2010 | 10 12 00 ET

Chia Woon Khien, head of FX strategy, emerging Asia at RBS and Jim Rogers, chairman of Rogers Holdings, discuss their outlook for the yen and euro with CNBC’s Chloe Cho & Yousef Gamal El-Din.

http://www.cnbc.com/id/15840232?video=1578027314&play=1

Fractional Pips in FX on June 20 2010

Here is the guide in pdf:

frac-pips-guide

This is an announcement by GFT:

We’re excited to announce that GFT will soon begin offering fractional pips, a pricing feature that allows you to place forex trades with more precise spreads.

Fractional pips represent one-tenth of a pip and appear in DealBook® as an additional digit on the price of all currency pairs. When you place an order, the fractional pip will appear smaller than the other numbers (example: 1.48266).

Starting the week of 20 June, you’ll be able to preview fractional pips in your GFT practice account.

Change we must!

Just as there is certainty of change, I have changed my blogs to a new domain as of today:

http://anatrader07.wordpress.com/

About me is at unchanged domain.

Now please read what Ray Barros has to say on:

BarroMetrics Views: The Certainty of Change

“Certainty? In this world nothing is certain but death and taxes”. (Benjamin Franklin).

I disagree: there is one other certainty – the certainty of change.

I am not the man I was 2 years ago:

  1. My right hip is no longer my own
  2. I may soon be in need of a ‘bionic ear’ (G)
  3. Thanks to advances in Neurology, I have learnt more about teaching in the past year  than I learnt in 20 years of teaching.
  4. In the past few months, I have had to change my trading time frame and style to achieve the annual return I target.

Change is inevitable and it hits everyone. Our choice is to recognize and adapt or to deny.

The response of the Quant funds during the sub-prime crisis is the best modern example of what I mean. Quant funds started to hit their straps around 2000. The best of these was Renaissance Technologies’ Medallion Fund. It returned an average of 40% pa over 30 years managing about US$5 Billion.

This return was far above the average return that many in the Quant world wondered if Medallion had found the ‘Holy Grail’. Then the sub-prime hit and in August 2007, Medallion dropped 17% in one month – something unheard off in its history. In 2008 a number of quant funds went under. Yet Medallion produced an 80% return!

How did they do it? It’s suggested through talent and hard work. There are about 90 PhD’s working for Medallion. In the first 40 hours they carried out their assigned duties; in the next 40 hours, they were allowed to experiment in any area of the the fund’s trading strategies.

So next time you are offered a US$97.00 trading robot, think of Medallion. The retail trader’s edge is to compete in areas where the Quant funds do not venture. Their territory at the moment is the ultra-short time frame. Venture there at your own risk.

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