Market Math
Reader Tom asks: I have been reading your blog for a few weeks and I don't see any mention of sentiment. I also see you trade futures but you do not talk about Commitment of Traders like on the Euro recently. Is this stuff you use but don&
Readers Questions
I recently received a couple questions on the same topic: people asking where the bumper music I used for the videos for my (free) trading course comes from, with a few extremely flattering guesses as to who the composer was. :) As I've said before, I was a musician
Psychology
Reader Thomas asks: have you ever written about regrets in trading? They seem to dominate mine...missing an entry, not taking the exit, etc Good question, Thomas, and, no, this isn't something I have written about recently. I do think it's an important topic, and worth
Individual Traders
A really interesting discussion developed in the comments to this post on pullbacks. Since you're capable of clicking the link and reading the comments, I won't copy the whole discussion here, but just some highlights: Markus asked: Adam, what I don't understand is how
Psychology
I'll paraphrase a question I received from a reader on the trance portion of my trading course: When I do the trance recordings I get so relaxed that I sometimes fall asleep and remember nothing after the session. Rather than reclining, I've tried sitting in a
Readers Questions
Reader Dan asks, in response to this post: Good article. A few questions/comments. Define "cut losses quickly?" If you are trading pullbacks and you set a stop loss that would signify the pattern has failed, would that not be "cutting losses quickly"? I can see
General Comments
Trader-Socrates asks, in response to this post of relative strength leaders: What kind of RS do you use? What timeframe you mean by "short-term" RS? I am sure, that you know, that research shows, that short-term (up to several month) is mean reverting. Would love to hear your
Readers Questions
Nathan asks: Does volume play any role in your analysis? Do you look at increased volatility in conjunction with increased volume? Also, since the spot FX market does not have any volume, does the volume in the futures FX carry any significance? Good question, Nathan. Short answer is no, I
Breakout
Reader Shai suggests a clarification on my last post, specifically concerning the gap and the idea of slippage being a good sign for a trade: Like always great posts. Again, thank you! There is one thing I would consider mentioning regarding the issue of slippage in the sense of Gaps
General Comments
Reader Andrew asks (paraphrased question): Can I first of all say that I recently discovered this website and your book and I think they are fantastic! I would like to congratulate you on a great job with both of them. I have only read the first few pages of your
General Comments
[dc]R[/dc]eader Wei asks: From the examples in the book, you are clearly a long term trader using daily and weekly time frames. But what combination of time frames would you think is the best to apply the concepts and strategies in your book to day trading? Wei,
General Comments
Reader Tom sent me a note: "I am hoping you can help me. I set a goal for myself in 2013 that I would study the Level 2 Screen. I set a goal and I kept it. I was at the screen nearly every day the market was open.