General Comments
In the interest of brevity, I’m going to write this weekend’s email almost in bullet point format. There’s a lot here, so let’s get going! Global stocks are still under pressure First, stocks had a yo-yo up/down week. We got the anticipated bounce off of
Psychology
There are about ten thousand ways a trade idea can go wrong. You don’t have to trade very long to seemingly encounter most of them in your first handful of trades! The goal, of course, is to manage behavior and to collapse all of those possibilities to a few
Markets Unlocked
Well that was an interesting month and quarter. I’m writing the second in what I expect will be a long series of weekend emails after one of the weakest months we’ve seen in a long time (in stocks), and a quarter that points to struggling macro factors in
General Comments
Much of this year passed in a blur! It’s been a minute since I posted last, so I thought I would just write a short post to let you know what we and I have been doing. In today’s post, I’ll cover a few trading-specific thoughts, and
General Comments
As we cross the line into fall, we are going to start publishing a short end-of-week update. We'll share some of our thoughts on the current market environment--what you need to watch out for, where opportunity might lie, and how to trade it. You'll see some
General Comments
Yesterday, a trader I have worked with a bit over the years (let’s call him M) pinged me with this real-money equity curve: (For the record, that's a pretty good equity curve, aside from the last trades. (I'd also ask some questions about the nearly
Technical Patterns
My blog is well over 100,000 words, covering a range of trading related topics, and spanning more than a decade of writing. This is both good and bad. The good is that there’s a ton of content here, and most of it is pretty well indexed with tags,
Climax
One of the features of financial markets is that they often react to new information with emotional volatility, and overshoot extremes. Understanding this element of price behavior can give us good insight into future direction and even some specific trade setups. Efficient Markets Hypothesis One of the enduring points of
General Comments
All traders struggle. For most, it’s a matter of getting through years of struggle at the beginning to see some consistent success. Some traders are unlucky enough to start at just the “right” time, or to be in the right market at the right time, and to make money
General Comments
I want to share a few thoughts here on a recent project I’ve been doing, and maybe provoke some thoughts about creativity, discipline, and the importance of a structured practice. Most of you reading this probably won't be trying to write music, like I am, but you
Market Math
Cryptocurrencies are in focus recently. Bitcoin has fallen almost 50% from its peak, and the future seems far less certain than it did a year ago. We were able to identify the shift in market dynamics early on, and I want to show you how we did it. Narrative and
Pullback
Sometimes I think the world probably does not want to see yet another blog from me illustrating yet another basic pattern… but these “basic patterns” can be wildly profitable. You can build your entire trading career around this one, simple pattern. The attached chart shows a recent pullback in 10