December 2012 - The Blog of Adam H Grimes

At the End of the Year, a Time for Reflection

Post author:AdamHGrimes
Post published:12/21/2012
Post category:General Comments / Individual Traders / Institutional Managers/Traders
Post comments:1 Comment

A time to ask some questions and consider how you can improve your performance next year.

Know Your Tools

Post author:AdamHGrimes
Post published:12/21/2012
Post category:General Comments / Individual Traders / Institutional Managers/Traders
Post comments:0 Comments

Make sure you understand everything nuance of every tool you use in your trading

Chart of the Day: Small Consolidation in Gold

Post author:AdamHGrimes
Post published:12/20/2012
Post category:General Comments / Pullback
Post comments:0 Comments

Sometimes, important technical patterns are easy to miss. A small bar near the extreme of a recent thrust (near the extreme means near the low of a downthrust or the…

Chart of the Day: Managing the Failure Test in AAPL

Post author:AdamHGrimes
Post published:12/18/2012
Post category:Failure Test / General Comments
Post comments:0 Comments

The failure test trade in AAPL develops.

Chart of the Day: Failure Test in AAPL

Post author:AdamHGrimes
Post published:12/18/2012
Post category:Failure Test / General Comments
Post comments:3 Comments

A failure test in AAPL gives a long entry.

The Road to Mastery

Post author:AdamHGrimes
Post published:12/17/2012
Post category:General Comments / Individual Traders / Trader Development
Post comments:1 Comment

A look at the stages a trader may go through on the road to mastery.

Chart of the Day: Nested Pullback in Crude Oil

Post author:AdamHGrimes
Post published:12/14/2012
Post category:General Comments / Nested Pullback
Post comments:7 Comments

Crude Oil is consolidating lower following the break of the trendline. This pattern is perhaps more clear on the weekly chart, but it appears to be a small daily consolidation…

Yes, Virginia…

Post author:AdamHGrimes
Post published:12/14/2012
Post category:General Comments / Individual Traders / Institutional Managers/Traders / Market Math
Post comments:2 Comments

[dc]I[/dc]t's nearly impossible to go a day in December without hearing the phrase "Santa Claus rally." There is an impression that the market tends to rally into the end of…

Reader Question: Why Sell a Book?

Post author:AdamHGrimes
Post published:12/13/2012
Post category:General Comments / The Book
Post comments:2 Comments

Why would anyone spend a year writing a trading book?

Chart of the Day: Moving Stops with Confirmation

Post author:AdamHGrimes
Post published:12/12/2012
Post category:Breakout / General Comments
Post comments:1 Comment

Too many times, when people talk about "trading patterns" they are focusing on entry patterns. Yes, it is important to have patterns that show a positive expectancy, but the decisions…

The Market is Not a Math Problem

Post author:AdamHGrimes
Post published:12/12/2012
Post category:General Comments / Market Math
Post comments:4 Comments

Human behavior drives markets. Apply quantitative techniques with caution.

Chart of the Day: Market Scan

Post author:AdamHGrimes
Post published:12/11/2012
Post category:General Comments
Post comments:0 Comments

A market scan.

Chart of the Day: Multiple Inside Days in FRX

Post author:AdamHGrimes
Post published:12/11/2012
Post category:General Comments / Volatility
Post comments:1 Comment

Two inside days can set up a good breakout trade.

Quality Matters

Post author:AdamHGrimes
Post published:12/10/2012
Post category:General Comments / Individual Traders / Psychology
Post comments:0 Comments

[dc]I[/dc]n an earlier post, I wrote of the need for simplicity in trading. I suggested you could probably throw out the vast majority of the tools you use and the…

Chart of the Day: Weekly Anti in TWC

Post author:AdamHGrimes
Post published:12/08/2012
Post category:Anti / General Comments
Post comments:0 Comments

A weekly sell Anti setup in TWC contradicts the prevailing sentiment.

An Unlikely Skill

Post author:AdamHGrimes
Post published:12/08/2012
Post category:General Comments / Psychology
Post comments:10 Comments

Being good at being wrong?