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 (MartinKronicle) A little out of date (my fault for missing last week's link update), but a point that must…
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 (MartinKronicle) A little out of date (my fault for missing last week's link update), but a point that must…
[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…
[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…
[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…
[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…
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…
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,…
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…
[dc]I[/dc]'ve been thinking a lot lately about why I do and believe the things I do as a trader. I would like to write a post here that might be…
Trader-Socrates asks, in response to this post of relative strength leaders: What kind of RS do you use? What timeframe you mean by "short-term" RS? I am sure, that you…
Instinct can beat analysis. Read this. (Harvard Business Review) At one time, I did a lot of quantitative work on fundamentals. Not surprisingly, what most people think works in "fundamental…
[dc]I[/dc]t is certainly easy to find examples of real charts beside randomly generated charts--whether on websites and in books--and most traders know, by now, that it is very difficult to…
[dc]I[/dc]'m going to start doing something new for my readers. Several times a day, I will update the page of market statistics that is available here. I will tweet when…
[dc]O[/dc]ur trading ideas, "setups", if you will, must change with market conditions. Certain types of trades are more relevant at certain times. For instance, if the market is dramatically overextended,…
An important reminder of how backtests can different from real world performance. One of the most important lessons for investors: (A Wealth of Common Sense) In so many ways, it's…
[dc]I[/dc]n a post last week, I talked a little bit about the kind of commitment and emotional charge that I believe it takes to truly excel in any field. Whether…