Developing intution in trading
[dc]I[/dc] want to write a few words today on intuition. This is a slightly thorny subject, because it is not easy to say what is right and what is wrong;…
Reader question: Falling asleep in trance sessions?
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…
Continuing the discussion on the art of pattern recognition
...the video blog I posted last night has some good information on subjective pattern recognition and trade management, along with some specific comments on the art aspect of trading. It…
Video blog: trade review and the art of trading management
Continuing from yesterday's post, I thought it might be interesting to review some trade setups I posted here this month (here and here, but also this post on the euro…
Midweek links and reading
A good reminder that sometimes more information is not the answer. (MartinKronicle) A little out of date (my fault for missing last week's link update), but a point that must…
Where is the Art?
[dc]M[/dc]uch of my writing here has focused on quantitative tools and ways to look at data. I have called for higher standards and have questioned many of the established tools…
S&P 500 at 2,000. Now what?
[dc]S[/dc]ometimes, the obvious does need to be said. The S&P 500 cash index touched the big round number 2,000 yesterday. Here we are, in late summer, with very little happening…
Is your trading boring? It should be.
[dc]I[/dc] distinctly remember my first trades: the months of fevered study and preparation, the excitement of filling out those first brokerage forms, getting the first statements in the mail, and…
Reading sector relative strength
[dc]R[/dc]elative strength is an important trading concept, and there are a lot of ways to define, monitor, and trade these relationships. Looking at the sector relative strength within the US…
Five things we can do with charts… that work
[dc]I[/dc] have written a lot this week, much of what I wrote calling for critical attention to traditional technical analysis. I thought it might make sense to end the week…
Some challenges for technical analysis
[dc]M[/dc]y blogging this week turned into a bit more of a stream of consciousness exercise than I'd expected; I needed more words to make fewer points than I'd hoped, and…
Six trading ideas
Here are a few trading ideas. Some may be immediately executable; some may need to go on a watchlist. In most cases, these are consolidation plays and could be entered…
The dark side of technical analysis
So, after laying out the early steps and missteps of my trading journey (here and here), I left you yesterday when I was a technical analysis junky. Let's begin there,…
Not all those who wander are lost… but I was!
Yesterday I wrote a bit about my path to becoming a trader, focusing heavily on my background. That post might have been pretty light on application and concrete market tie…
Possible breakout in the euro
I have written before about volatility compression, which is the tendency for markets to make cleaner, more directional moves after the volatility has contracted on the same timeframe. Triangles and/or…
Charts can be hazardous to your health
[dc]I[/dc]'ve seen a lot of charts floating around talking about the "big reversal" in grains, and specifically corn. I think there are a few important lessons here, so allow me…