Individual Traders
This is the third in my series of blog posts for beginning traders. One of the questions I see over and over is “how do I start learning technical analysis?” Let’s talk about some of the pitfalls of the traditional paths, and how I think you might better get
Technical Patterns
This is the first in a short series of posts in which we will look at the basic, fundamental elements of directional trading. This series will be written for beginning traders—for those taking their very first steps—but I can promise insight for more experienced traders and investors, as
General Comments
So, it's January 14th and I'm writing my first blog of the year. There's an important lesson here: habit, momentum, and daily rhythm are important. I have come to believe the power of habit is one of the most-neglected truths of the human experience.
Individual Traders
In a Facebook discussion group I run, Dan asked if anyone was worried about the market. In this own words: Should have gone to cash, taken a day or three off, and turtled up, gone small. Didn't.Struggling with fomo, missing out on the big one, when it
Breakout
I firmly believe the best trading lessons come from the market... and the best of the best trading lessons come from your own work and trading. Let me share some recent trades we published for our MarketLife clients. Below, you'll find every trade we published as part of
Trader Development
The new podcast is taking off--reviews and feedback have been outstanding, and I'm thinking maybe I underestimated the power of this format. It's a great way to really dig into topics in a personal way. Of course, you have to listen to a little rambling sometimes,
Market Math
In a previous post, I gave a look at my published swing trade record, with a title on the post of Trading is Hard! Let's revisit that concept, almost exactly a month later. The point of that post was that outcomes are "streakier" than we wish--we
Pullback
So many of us get into trading for action and excitement. (That was one of the things that drew me to trading, years ago.) But what it takes to be successful is often the exact opposite--the patience and willingness to do nothing at all, until the time is right. We
Trader Development
Over the years, I've moved toward being increasingly skeptical and critical of trading ideas. I knew this was happening, even if it was not a deliberate choice, but a recent podcast I did make me question my reasons for being so skeptical, and reaffirmed the value of the
Readers Questions
In our Facebook group, Paul made this post: Just read an excellent post on Adam's blog called "Trading for a living: real talk". This post talks about the reality of trading for a living and one section really resonated with me. It's sub titled
Pullback
I want to share a trade with you that I recent published in my Talon research report. There are a few lessons here: first, the enduring lesson of trading pullbacks in ongoing trends. Second, dealing with the concept of “maybe oversold”. And third, the importance of targets and stops for
Trader Development
I thought it might be interesting to put together a list that summarizes my experiences, successes, failures, and the beliefs that grew out of that work. It's not a simple list, as some of the bullet points contain more than one thought. I had fun doing this, and