Magazine:
Departments
Managed Money
There is a strong contingent of CTAs who offer diversification without sticker shock. ...
News
Foreign exchange traders in the futures and options markets face significant new regulation....
Market Pulse for Dec 19, 2011...
Phantoms Gift
When Futures magazine started the Futures Talk forum on its web site in 1996, it attracted some good interest -- nothing too spectacular but just traders talking to other traders about markets and comparing notes....
I've been asked over three decades to present to others just a few of the secrets of trading. I am not one to want my picture front and center....
It had to happen, I thought to myself as I took a walk to the top of a small hill just behind my home....
To reiterate the points I made in "Phantom's Insights," the following chapters in "Phantom's Gift" are based on interviews with one of the most important and best traders I have ever known....
Art Simpson (ALS): Let us get into a little of your background without breaking the rules here. How did you come upon the name of Phantom of the Pits?
...
When several traders who use the Futures Magazine Talk forum learned there would be a book by Phantom of the Pits, they made suggestions. ...
When the subject of why it was so important to write this insight, Phantom's remark was always, "Catch me at the right time for that answer."...
Art Simpson (ALS): Phantom, do you want to continue on Rule 1 or is it time to move on to Rule 2?...
Art Simpson (ALS): Phantom, your required rules seem pretty simple. Let's use some practical applications in real-time trading....
"In day-trading when the last trade is made, you expect to be out of your positions. You are letting the clock decide if you win or lose. That, to me, is a restriction." - Phantom of the Pits...
Arthur L. Simpson is an independent trader and has been a member of the Chicago Open Board of Trade and (now) the MidAmerica Commodity Exchange continuously since 1971. He is a registered floor broker with the National Futures Association....
"An option can get bigger than its original size if all goes well for the trader. It can also melt with predictability." Phantom of the Pits
...
"I believe if someone important can have faith and expectations in those around them, it will make a difference in their lives." Phantom of the Pits...
Phantom has indicated it is a combination of knowledge and behavior modification, which he learned over his trading career, that are the important elements in correct trading. ...
"There are few things in a child's life that allow a child to play as an adult while allowing an adult to play as a child." Phantom of the Pits...
"You really are looking at a reverse image. Sometimes it is important to see things differently than others." Phantom of the Pits...
"You want to establish your position prior to the increase in volatility. This will be your entry of the fourth day when the market breaks above the prior four day's highs." Phantom of the Pits...
Everyone knows the market is always considered correct, and there isn't reason to even dispute this belief. Most of our beliefs have been previously written or have been stated for years or decades by experts. ...
"It's all the traders, you and me, who will be satisfied with Rule 3 at its conclusion." Phantom of the Pits...
"Find the positive in taking small losses rather than getting wiped out. Find the positive in the simple rules we have given you to use. Decide what you want to do with the guidance you have been given!" Phantom of the Pits...
Just when you know you have everything covered to start your trading career or to continue the one you already have started, you find you have a few more questions you would like to have answered....
The phone rang in the middle of the night. Not knowing if it was important, I got up to answer it just as everyone else would. The voice at the other end was a familiar one. ...
"This shall be the ending post of "Phantom's Gift" but not the end of Phantom's attempt to give to you!"
Art Simpson ...
"Let's look at some of Phantom's writings and his updated notes as to his ideas on your trading plan." Art Simpson...
Phantom remembers those people he meets along his journey in trading and those he has met since he started giving his insight back. ...
This chapter is as important as any chapter of any book written in modern times to Phantom. I don't mean to take a platform, but today I have discovered many reasons for Phantom's Gift being written....
It has taken me awhile to get my thoughts together after what has become one of the most eventful trips of my life. We arrived home in time for Allan to make a 7 p.m. class on Monday evening. ...
CTAs
Top CTAs for the month of February 2009....
Top CTAs for the month of January 2009....
Top CTAs for the month of December 2008....
Top CTAs for the month of November 2008....
Top CTAs for the month of October 2008....
Top CTAs for the month of September 2008....
Top CTAs for the month of August 2008....
Top CTAs for the month of April....
March's Top CTAs 2009...
Hedge Funds
Top hedge funds for the month of February....
Top hedge funds for the month of January....
Top hedge funds for the month of December 2008....
Top hedge funds for the month of November 2008....
Top hedge funds for the month of October 2008....
Top hedge funds for the month of September 2008....
Top hedge funds for the month of August 2008....
Top hedge funds for the month of April....
March's top hedge funds 2009....
Public Funds
May's top public funds 2009....
February's Top Public Funds 2009...
January's Top Public Funds 2009...
December's top public funds 2008....
November's top public funds 2008....
October's top public funds 2008....
September's top public funds 2008....
August's top public funds 2008....
April's Top Public Funds 2009...
March's Top Public Funds 2009....
Newsletters
Market Pulse
Market Pulse for April 4, 2011...
Market Pulse for April 11, 2011...
Market Pulse for April 18, 2011...
Market Pulse for April 26, 2011...
Futures Market Pulse for 10/19/2010...
Market Pulse for October 25, 2010....
Market Pulse for June 6, 2011...
Market Pulse for June 13, 2011...
Market Pulse for June 21, 2011...
Market Pulse for June 28, 2011...
Market Pulse for Nov 8, 2011...
Market Pulse for Nov 15, 2011...
Market Pulse for Nov 21, 2011...
Market Pulse for Nov 29, 2011...
Market Pulse for Feb. 7, 2011...
Market Pulse for Feb. 14, 2011...
Market Pulse for Feb. 22, 2011...
Market Pulse for Mar. 1, 2011...
Market Pulse for Sept 6, 2011...
Market Pulse for Sept. 12, 2011...
Market Pulse for Sept 19, 2011...
Market Pulse for Sept 26, 2011...
Market Pulse for July 5, 2011...
Market Pulse for July 11, 2011...
Market Pulse for July 18, 2011...
Market Pulse for July 25, 2011...
Market Pulse for March 7, 2011...
Market Pulse for Mar. 14, 2011...
Market Pulse for Mar. 21, 2011...
Market Pulse for Mar. 29, 2011...
December 2010 crude opened last week at 82.01 and closed the week at 81.43...
Market Pulse for November 8, 2010...
Market Pulse for November 16, 2010...
Market Pulse for Nov. 22, 2010...
Market Pulse for Nov. 30, 2010...
Market Pulse for Dec. 6, 2010...
Market Pulse for Dec. 13, 2010...
Market Pulse for Dec. 20, 2010...
Market Pulse for Dec. 28, 2010...
Market Pulse for May 2, 2010...
Market Pulse for May 9, 2011...
Market Pulse for May 16, 2011...
Market Pulse for May 23, 2011...
Market Pulse for May 31, 2011...
Market Pulse for Oct 3, 2011...
Market Pulse for Oct 10, 2011...
Market Pulse for Oct 17, 2011...
Market Pulse for Oct 24, 2011...
Market Pulse for Oct 31, 2011...
Market Pulse for Jan. 4, 2011...
Market Pulse for Jan. 11, 2011...
Market Pulse for Jan. 18, 2011...
Market Pulse for Jan. 24, 2011...
Market Pulse for Jan. 31, 2011...
Market Pulse for August 1, 2011...
Market Pulse for August 8, 2011...
Market Pulse for August 15, 2011...
Market Pulse for August 22, 2011...
Market Pulse for August 29, 2011...
Market Pulse for Jan 3, 2012...
Market Pulse for Jan 9, 2012...
Market Pulse for Jan 17, 2012...
Market Pulse for Jan 23, 2012...
Market Pulse for Jan 30, 2012...
Market Pulse for Dec 5, 2011...
Market Pulse for Dec 12, 2011...