Chart of the day: bear flag in gold
Read more
The Experiment Continues
I did not plan to write this blog, but my previous blog got a pretty big response. I received many questions about the specific things I did and what worked. I still think the general framework, which translates reasonably well to other disciplines, is the most important thing. I will
How Trading Saved My Life
Successful traders have some unusual quirks in how they think. For my entire career, I've felt these "quirks" are valuable, and the world would probably be a better place if more people adopted them. However, I've always struggled to answer the enthusiasm of a
Trading a Powerful Trend in Gold
There are many ways to trade financial markets. Much of the struggle and confusion that traders face comes from not understanding their goals--not knowing how they want to trade. In some very real sense, from not knowing themselves. Gold (and precious metals in general) provides some good examples for
Hard Truths, Real Consequences: What It Really Takes to Trade
The truth will set you free—that’s the saying that has passed into everyday use from very old scripture. Sometimes, that’s true. But sometimes the truth can destroy us, especially if we try to deny it. This is a good place to begin a series of posts, with