General Comments
If you read my previous post, you know that I'm in the final stages of launching a new company and slightly new direction for my business. I know that many of my readers are fantastically skilled, and talented, and I thought I'd offer some of you
Readers Questions
I received a good question from Gareth this morning: "Your book is one of my top sources in trading literature, though there are some ideas that I find it difficult to agree. Specifically, I've found your idea of many support/resistance levels being created randomly hard to
General Comments
My blog hasn't been very active in recent weeks, but we've been hard at work behind the scenes... and I have a few big announcements and some exciting things coming in the future. The first big announcement is that I will be launching a new educational
Chart of the Day
Chart of the Day
Podcast
I received a good question from a listener, Alex: I was talking to a friend of mine (who is a physicist). " I presented him with some market statistics that seem to hold true in many markets, e.g. that the market has only a low probability to hit yesterday’
Chart of the Day
Chart of the Day
Chart of the Day
Chart of the Day
Psychology
* "I'm looking for a portfolio that will make about 20% a year but I don't want any down years." * "Can you give me a hedging strategy with options that will protect me from all downside without limiting my upside and at zero cost?
General Comments
One of the frustrating things about current market action is that very few setups have good followthrough. We can follow a market faithfully for weeks, wait for the best possible entry point, put on the position, put in the stop, and then... nothing. The market goes nowhere, chopping around our