General Comments
There’s an interesting discussion over on my MarketLife forum, in which someone asked the question “does anyone really succeed at trading?” This snippet pretty much summarizes his question: What if trading is an illusion that cannot be mastered at all? Do you know (personally) anyone who lives from trading?
General Comments
I’ve been quiet on the blog recently, but Tom and I have been hard at work coming up with some new and exciting things. While we have some great things on the horizon for our MarketLife clients, I want to share something with you today that is completely free,
Pullback
Chart of the Day
I want to share this video with you, which is the stock market analysis I recorded for my MarketLife Premium clients for 6/5/18. Why am I sharing this? Well, yes, there's the obvious reason that I'm excited by what I'm doing and
Trader Development
One of the things I’ve been thinking about recently is how to evaluate the quality of our decisions. This is a topic that traders probably don’t think enough about. Furthermore, much of the traditional advice is very bad and actively works against the trader trying to correctly evaluate
Individual Traders
Working with a mentor, trading coach, or teacher can cut years off the learning curve. For many, it’s the difference between ultimate success and failure. This is an important and powerful relationship, and I want to share some ideas for how you can get the most out of your
Trader Development
I have received several questions about overtrading over the past few weeks. Each question touched on a different aspect of the problem,; this is a serious question that many traders are asking about (and many more are facing and don’t realize it!) Rather than choosing one question to answer,
Trading tools
I change slowly. The last major change I made to my trading was in 2005, and the smaller changes I've made since then are tiny, incremental changes. Often, they're just time-saving tools that have grown out of my coding work. I also am very consistent: I
Pullback
One of the best setups I've seen in the currency markets was (note: past tense) the EURCHF. After a multi-month uptrend, the currency pulled back into a picture-perfect bull flag. One of the few negatives arguing against a long trade was that the cross went a little parabolic
Trading tools
I received a good question from J last week: Today I had the other problem: I missed an entry entirely because my Stop Limit order wasn’t filled as price moved through it - I had set the stop at 90.33 and the limit at 90:35. [and the
Technical Patterns
Today’s question comes from Mohammad, but the question emerged over the course of a more extensive discussion, with other people contributing, clarifying, and confusing! Here’s the question, paraphrased: If we trade “price action” can we and should we use indicators? This is an old question. I first remember
Trader Development
Here’s the first in a series of posts answering reader’s questions. Bob asks: Adam, question for ya if thats alright… I was noticing on part of your free course it was referring to writing down closing prices of a few select financial instruments each day… what is the