Reader Question: Advice for Newer Traders?
[dc]I[/dc] recently received a few reader questions asking the same thing: what would my advice be to new traders? This is an important and daunting question (and I've written on…
The Rage to Master
[dc]B[/dc]efore I was a trader, I was a musician. In my career as a musician, I discovered the value of teaching—that I enjoyed teaching, I was good at it, and…
Video: Market Performance by Market Cap
https://www.youtube.com/watch?v=CjwQuYZtucQ&feature=youtu.be A quick look at stock market performance by market cap slices. Simply put, smaller cap stocks (e.g., Russell 2000 (IWM)) tend to outperform larger cap stocks (S&P 500 (SPY)…
Improve Your Mental Game
[dc]I[/dc] had an interesting conversation a month ago with Ian, a trader who I mentored a few years back who has continued to work on his trading skills and now…
Five Things You Can Do Today to Improve Your Trading
[dc]A[/dc]s we all know, the road to trading success is a long road, and the path is not at all straight. To achieve some degree of competence can take years,…
What Do You Believe?
[dc]I[/dc] want to share an important exercise with you today. The journey along the path to trading mastery can be difficult because it requires some conflicting skills—on one hand, you…
How Good Is Your Plan?
[dc]W[/dc]e've all heard sayings like "to fail to plan is to plan to fail" and "plan the trade. Trade the plan." These are catchy sayings, but, ask yourself, how good…
Trading the Rally in India: Finding Setups
[dc]T[/dc]oday I want to follow up on my previous posts on the rally in the Indian stock market and think a bit about how to balance technical and fundamental factors.…
Meditation 101: Getting Started
[dc]A[/dc]s I promised last week, I'm going to start posting on some different topics and broadening the scope of this blog a little bit. (Depending on the reception, maybe a…
Trading the Rally in India
[dc]T[/dc]oday I want to take a look at the recent move in India's stock market. I will discuss how we traded it (and signaled the move far in advance) in…
Reader Question: Best Way to Trade Intraday
Reader Andrew asks (paraphrased question): Can I first of all say that I recently discovered this website and your book and I think they are fantastic! I would like to…
Charting by Hand
Today, I want to write a bit about the value of keeping charts by hand. I've written on this topic before, but I think it is so important it's worth…
Reader Question: Timeframes for Daytrading?
[dc]R[/dc]eader Wei asks: From the examples in the book, you are clearly a long term trader using daily and weekly time frames. But what combination of time frames would you…
Reader Question: Technical Patterns Before News?
[dc]R[/dc]ichard asks: "I saw a trade setup, but also saw reasons not to take it. [MACD divergence] A news release was also scheduled soon, and a large move before the…
Sell in May?
[dc]I[/dc] wanted to share a few thoughts and some analysis that we published in our research a week ago, looking at the supposed "sell in May…" effect. There are a…
Manage Your Biases
[dc][/dc]Take a few moments, here at the beginning of a new year, to think about how do you handle your market biases and convictions. We all know the glaring examples…