The practice of conscious gratitude
As we head into the US holiday of Thanksgiving, I want to share a practice that has made a real difference for me--for me as a trader, and also for…
Don’t be this guy
Take a look at this picture which I took a few years ago, on a Friday afternoon, on a New York / New Jersey ferry. After a long and stressful…
Marketlife Ep 33 – Trade management: decisions and tradeoffs
So much emphasis is placed on where to get into a trade, entry signals, entry patterns... but the decisions we make after we are in the trade are at least…
NR7: an old friend
Just a quick post to remind you of a technical tool you probably already know about. Like so many things that work, it's not exciting or sexy on the surface.…
MarketLife Ep 32 – Technicals for the non-technician
In this episode, I look at basic technical tools that anyone, regardless of background or previous experience, can use to enhance his or her trading program. Important concepts and tools…
Basic backtesting in Excel: How to keep learning
My goal was to put simple, but powerful, tools into your hands so you can start doing the work to understand how the market moves. In this, the last, post…
Basic backtesting in Excel: Doing statistical tests
So this is what we've been waiting for. We finally have the tools to ask simple market questions and to ask some critical questions. If you are new to backtesting,…
We don’t know as much as we think we do
We, all of us, tend to be overconfident and make too many assumptions. Consider this case: a few years ago, it seemed the TA landscape was swept with the idea…
Basic backtesting in Excel: Conditions, logic, and stats
Pat yourself on the back if you've come this far in the little backtesting mini-course. After many posts, we've basically gotten data into a spreadsheet and calculated some moving averages.…