Reader question: why do patterns work?
A really interesting discussion developed in the comments to this post on pullbacks. Since you're capable of clicking the link and reading the comments, I won't copy the whole discussion…
A really interesting discussion developed in the comments to this post on pullbacks. Since you're capable of clicking the link and reading the comments, I won't copy the whole discussion…
I've written quite a bit lately on things that don't work, and tried to point out some errors in common practical technical analysis. Yes, I'll do more of that in…
I spend a lot of time writing about volatility and even more time thinking about volatility, correlations, and the implications for risk. I want to share a quick look at…
Today's topic might appear to be a fun one, but, for the unprepared trader, there is actually serious danger here. What do we do when a trade results in a…
Over the years, I've had my fair share of being on both the right and wrong side of world events. However, on balance, I've noticed an unusual number of times…
Since my other post today led you down a long trail of something that did not work, let me leave you this weekend with a pattern to watch over the…
I'm always doing research. Sometimes these are large, multi-month projects, but other times they are just a quick look to see "what the data says", and I share some of…
One of the curious elements of human psychology is the tendency to fade moves or to try to pick turning points in trends. When I started trading, this was how…
...the words “leverage” and “derivative” have become so mushy and ill-used that they have lost almost all meaning except as a weapon, as a tool to cast doubt on someone’s…
(Continued from this post.) I left you yesterday having discussed filtering for volume and activity and volatility. Today, let's dig a bit deeper and, first, look at filtering for certain…
[dc]A[/dc]ttention is a precious resource. None of us, whether individuals or institutions, have an unlimited supply of attention. Part of the process of trading successfully is figuring out where to…
[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;…
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…
...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…
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…
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…