Norden Method First

Principles
Edge Compounded by Frequency
The Norden Method provides a precise approach to applying old school
market making techniques to modern electronic futures markets.
It is essential we understand the ramifications of frequency. Everything we do
is compounded by the frequency. So, small things, small adjustments, small
improvements have big effects because they are compounded sometimes
hundreds of times per year. This is both important and powerful.

The Norden Method is rooted in the core skillsets of professional market

making.

The impact of small adjustments

Say you are trading US 30 Year Bonds and you identify that a 1 tick losing
trade could have been scratched. The difference in P&L for this trade is
changing a loss after commissions of around $34 to a loss of just $3. This in
itself is a big change (your loss is 10x smaller). However, if you are now able to
make that change everyday i.e. x 250 it is actually worth $8,500 per year.
Professional traders look for small adjustments multiplied by frequency.

Retail traders look for big multi-thousand dollar trades and therefore trade
positionally, which substantially increases risk.

P&L is improved by repeatedly making small adjustments.

The job of a trader is to judicially select the risks and continually make the
adjustments that will yield profit - Gary Norden
The Norden Method, as you will shortly see, is not merely a function of small
targets. There is much more precision involved, which enables us to sustain
high win rates. You will also find that the Norden Method stands in sharp
contrast to the methods and beliefs of the retail trading landscape. But you
will also learn how and why we have edge over this crowd.

In summary, you will need to make adjustments. And you will need to be
disciplined. It takes time to develop professional-level skills in any endeavor;
trading is no different. But our method provides a highly specified approach
to greatly reduce your risk as you advance your skills.

We don't look for home runs. We look for continuous small improvements.