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
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
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
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
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
Psychology
Sixteen days ago, I started publishing a series of short daily podcasts on meditation. So many people are writing about meditation and its benefits, but there's also a lot of misinformation floating around and it's hard for someone to know where to start. I wanted to
General Comments
Most of us who write about financial markets look to the future. Yes, there is a place for theory, and any theory lies on a firm foundation of what has happened in the past—history matters. But what probably matters most to us is the future: what is around the
Breakout
We can simplify many of the problems of technical or tactical trading to one question: assume that a market just made a large move. Do we want to fade (go against) that move, looking for reversal, or do we want to take a position with that move, looking for continuation?
Pullback
We spend a lot of time, as traders, developing skills of precision trading: when to enter trades, where to put stops, when to add, when to take partial profits, when to get out and reenter. Most of the writing about trading, especially from technical or tactical perspectives, focuses on finding
Breakout
Just a high level perspective on what we have going on in a few major markets this week. In general, most markets are in some kind of volatility compression. Volatility compression is a term that basically means current volatility conditions are low, relative to more "normal" volatility for
Individual Traders
The twenty two day guided meditation experience is now live. I will not be posting regular updates here, but follow me on twitter (@AdamHGrimes) or bookmark this page for daily updates. If meditation is something you have tried in the past, maybe this is the time to try it again