Trading macro events and reports (part I)
There are so many things we can't predict; surprises, good and bad, happen. Sometimes these surprises can have a dramatic impact on our positions. One of the core tasks of…
There are so many things we can't predict; surprises, good and bad, happen. Sometimes these surprises can have a dramatic impact on our positions. One of the core tasks of…
I wrote a post late last week on the value of admitting what we don't know. I made some arguments about the dangers of false confidence, and the errors we…
We live in a world where most of our basic needs are fulfilled; most of us have food and water, we have a sense of safety and security, a sense…
To trade or invest successfully, we have to think one step ahead of the market, but we have to discipline ourselves not to act early. We also must strike a…
Just a short note here as we head into the holiday weekend. I want to share a few updates and tell you about about some exciting new things that are…
Many traders have noticed the recent, impressive run in European stocks, and specifically the strength in Germany. Take a look at the following chart: However, as we all know, the…
Most of us who write about financial markets look to the future. Yes, there is a place for theory, and any theory lies on a firm foundation of what has…
Successful trading and investing is largely about asking the right questions. Many of the most serious mistakes we make come from blindly accepting our ideas and perceptions at face value.…
I thought it might be useful to take a look at one of the most common trading patterns, the flag, and, more importantly, to see what happens when it doesn't…
I want to share an email I sent to my blog subscribers last week. If you don't get these updates, please sign up in the sidebar. There will be more…
Yesterday's post ended with a look at some of the effects and benefits of meditation, and some recent studies that show meditation is able to change your body and your…
My previous post looked at the concept of comparing relative strength of two assets by comparing returns from a specific point in time. In that post, I suggested using a…
Well, looks like 2015 is here with a bang, and markets kick off the year with some volatility. Though we often focus on short term patterns and flows, it pays…
Markets are complicated. Market analysis is complicated. Developing a trading system certainly can be complicated. But trading cannot be complicated. The act of placing trades and evaluating results must be…
I left you, at the end of yesterday's post, with some strong evidence that luck plays a big part in your trading results. Now for the good news: you are…
This is an obvious issue, but one that is often ignored. The argument of many academics is that you can’t make money trading; your best bet is to put your…