Setting goals and making plans
In the post-holiday quiet, I tweeted yesterday inviting my followers to think about the one thing they could do in the coming year to improve trading results. I hoped to…
More trading lessons from copper
I thought it would be interesting to update this post, which was a fairly in-depth look at trading some pullbacks in copper. If you haven’t read it, go read it…
How a trader should think about central banks
One of the recurring themes I've heard from traders (both professional and private) over the past decade or so is distrust, anger, and mocking of central banks and central bank…
Simple things work
Over the past few weeks, I've been hanging out a bit more in internet trading rooms and groups. It's been a good reminder of the kinds of questions and mistakes…
How to find trading ideas
There are patterns in market prices—of this, there is no doubt. Some small set of these patterns even can help us with our trading and investing. Some are worthless. And…
You are what you read: try an information diet
A developing trader said something to me a few weeks ago that has stuck in my mind: he said that he has to be careful what websites he reads because…
Trading lesson: copper futures
Recent action in copper futures gives us some market lessons. These can be adapted to other markets and timeframes (so if you just trade stocks or currencies, don’t skip over…