Quantitative analysis
Continuing on the theme of my last post, I want to take some time to dig into the options you have when you think about doing your own testing and homework in the markets. This post will necessarily be opinionated and a bit narrow, because I'm sharing my
Quantitative analysis
I think most traders and investors understand that we live in a world in which markets are becoming ever more competitive. To make money in those markets, you must have an edge, and you have to truly understand your edge. But the question remains: where and how do you find
General Comments
I've had a few weeks to kind of reset and reconsider the direction for my blog and podcast. As I said in my previous post, I've been busy on the programming front, and I now have some cool new tools to work with. I want to
General Comments
First of all, a belated happy New Year and happy holidays to all my readers! I want to thank you all for a great 2015. Whether you and I have corresponded, you have looked at my research or are a client, or you are "simply" a reader of
Trend Termination
One of the themes I've written on recently is that we need to be careful how we think about trend change and end of trend patterns. I think too much of noise, particularly in social media, is focused on trying to take a position against a trend so
Readers Questions
Dave asks: "Can you talk a little about order types? Market, limit, and stop orders? Do you work your orders overnight? Do you ever cancel like a stop before it is hit? Thank you." A good, practical question, and the answers can be pretty cut and dried. For
General Comments
I've written a series of short posts this week on simple trading rules that can make a difference. I've tried to make this as broad as possible, so that they will apply to traders working in all styles and timeframes. Today I want to share a
General Comments
Earlier this week, I sent a note to my email subscribers in which I shared a few thoughts about blogging, the fascination of financial markets, and about my firm, Waverly Advisors. This morning, I'd like to share that note with you. (Edit: my work is now available at
Individual Traders
You have to be disciplined to trade successfully; we all know that, and it's one of the few pieces of trading advice that might apply universally. No matter what your trading style, market, timeframe, risk profile--whatever you do, you have to do it consistently and with discipline. It&
Individual Traders
This week, I'm writing a series of short posts on very practical, applied things that you can add to your trading toolkit. I'm trying to select these so that they work for a wide range of trading styles, timeframes, approaches, and instruments, but think carefully about
General Comments
I want to share a simple rule that has worked well for me over the years. I'll explain the how and why, and then wrap up with some thoughts about when this rule might not be appropriate. So, imagine you are in a position, and then, for whatever
General Comments
I have a little pile of reader's questions here, so let me just get to them. John asks: "Should I use stop or stop limit orders to protect profits and limit risk?" John, like pretty much everything else in trading, the answer is a solid "