Market Math
So the stock market sold off hard yesterday. If you were living under a big enough rock you might have missed it, but now the doom and gloomers, the technicians pointing at broken "levels" and trendlines, and the permabears will probably be saturating the media for a few
Individual Traders
I spent an hour a week ago talking with a very experienced stock trader. This guy has made a lot of money, but he's made it while fighting a strongly bearish bias--he's been almost exactly wrong, for a long time. He's been wrong, and
Podcast
This episode of MarketLife switches gears a bit, and looks at creativity. How can we cultivate creativity? How can we find creative possibilities that others might miss? How do we nurture that creative spark and integrate the lessons into modern life? I have some ideas and answers to these questions:
Trading tools
An in-depth look at the intraday market stats page on this blog, with some ideas for using these stats to enter and manage trades. This is not just a tool for intraday traders, though active traders will find valuable tools here. Longer-term traders can identify good entry spots, analysts can
Trading tools
Where do we start? It's easy to get overwhelmed with the number of assets and markets in the global marketplace. Are you looking at everything you need to? Do you know which markets demand your attention? Do you know where to dig deeper? Do you know when something
Podcast
This episode of MarketLife looks at trading, investing, and gambling, and how people try to put the odds in their favor. Everything we do in financial markets is a bet. Hopefully an educated bet, hopefully a smart bet, but it’s all only a bet on the odds. * We are
Pullback
[This post was originally published on SeeItMarket.com, here. I have added some comments at the end of the post to update following yesterday's action. Despite the fact the market rallied instead of selling off, there are several points to consider in this post.] For context: I’ve
General Comments
Many traders have noticed the recent, impressive run in European stocks, and specifically the strength in Germany. Take a look at the following chart: However, as we all know, the US Dollar has been a historic bull run, and a big part of USD strength has been a decline in
Trading tools
Is a market trending or not? Even this simple question, which is at the heart of most of our thinking about markets, is not easy to answer. Definitions of trend are often subjective, depend on both timeframe (e.g., daily or intraday) and reference period (i.e., how far are
Podcast
This episode of MarketLife continues Episode 3's discussion of the markets and asset classes people trade and invest in. Markets for trading and investing (Part 2) * Currencies * Currencies can be quoted against USD or other currencies * Largest markets in the world--this is both good and bad * Brokers are
Climax
The US Dollar is in a trend of historic proportions; the strength and rapidity of its advance has shocked many other currencies as they scramble to adapt to the new US Dollar. This creates an environment with considerable risks, but also brings some opportunity for traders who understand how currencies
Podcast
In this episode of MarketLife, we look at some of the things (markets or instruments) that people trade. (In the introduction to the podcast I said we'd get through more than we actually did. The second part will be in the next episode.) In this episode, you will