The trend is your friend, except at the end…
Let's talk about endings today. If we can better understand the patterns that often occur when trends end, we are better equipped to manage risk, place stops, and, in general,…
Introduction to Algorithmic Trading with Ernie Chan, Ph.D.
I tweeted a few days ago that I had big news--huge news--gigantic news about the trading course, and I do. I have been very pleased with the reception the course…
How to deal with market uncertainty?
I received a good question from a reader, Jeremy, this morning: In you latest podcast (#26 - Taming the bear) you made the comment:".... participating in the market means fully…
MarketLife Ep 26 – Taming the bear: managing market declines
Markets have been a bit volatile over the past few weeks, and the future is uncertain. For many investors, these moves can be troubling because it's been many years since…
A few thoughts, at the end of a historic trading day
Before I call it a day, I thought I'd share a few thoughts with you. For those of you finding this post later, US stocks broke down Thursday of last…
The Illusion Of Control
I’ve written and said many times before that simplicity is a good thing—if you have a methodology that is overly complex, there’s a pretty chance it won’t work. However, so…
Where will the S&P 500 go next? Here’s how to find the answer.
Given the action in US stocks this week, I thought this might be a good time to share a few thoughts about the market. I hope to be able to…
How do you know if you have a trading edge?
In a recent blog post, I made the statement (borrowed from Jack Schwager), that you must have an edge to be successful in the marketplace, and, if you don't know…
MarketLife Ep 25 – Spaced Repetition System: Learn perfectly and never forget
Today, a few thoughts on how your memory works and how it is structured. I spend some time talking about a system called Anki in this episode. I know many…
Correlated risk? Or opportunity?
In my weekend research report I write for my clients, I shared a few thoughts on correlation. This is a timely topic--we may be entering a period of the market…
Reader question: you can do it in your sleep?
I received a good question from Nick: In many of your writings as well as the most recent podcast, you have mentioned looking at charts prior to going to bed.…
Six keys to managing trading psychology
We live in a "quick fix" world in which everyone is looking for "hacks" to solve and shortcut problems. The internet is filled with "you're doing it wrong" posts that…
MarketLife Ep 24 – Using memory pegs to remember anything and everything
This episode picks up where we left off last week, and I share a technique for learning remembering anything you want to learn with nearly perfect recall. One thing is…
Time to buy Japanese stocks? Why not the Yen?
Some trades are obviously simple on the surface: if we think the S&P 500 is going up, we buy the S&P 500. Yes, there are questions to be answered: how…
Slip and slide (along the bands)
Effective trading patterns are usually simple. The more complicated an idea is, the more likely it is the result of trying to fit very random data (i.e., the market) into…
MarketLife Ep 23 – Becoming a superlearner
Over the course of the next two or three podcasts, I want to share some tools and techniques I've been using to supercharge my learning. In my case, I've focused…