S&P 500 at 2,000. Now what?
[dc]S[/dc]ometimes, the obvious does need to be said. The S&P 500 cash index touched the big round number 2,000 yesterday. Here we are, in late summer, with very little happening…
Managing your Fear of Loss
[dc]P[/dc]eople talk about "learning how to lose" and "losing gracefully". Truth be told, that's a concept I've always had trouble understanding. Though I know there is some wisdom in the…
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…
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…
Chart of the Day: Failed Breakout in EURUSD
Systematic traders have a perennial debate: how much or how little to intervene in your system's rules? There are a range of acceptable solutions, but the key is to be…
Coming Soon: The Trading Course
[dc]I[/dc] want to share some more information about the training course I am creating. I have been planning to do this course in a few different ways in a few…
What Do You See Here?
The mind is a pattern finding machine... and that's not always a good thing.
Information, Good and Bad
Managing your social media information flow for traders and money managers.
We Have Met the Enemy…
It is a simple choice: continue to be angry at the way the market moves, or align with it
Quality Matters
[dc]I[/dc]n an earlier post, I wrote of the need for simplicity in trading. I suggested you could probably throw out the vast majority of the tools you use and the…
Simplify, simplify, simplify…
Thoughts on the value of simplicity in trading...
A little mental trick…
I want to share a quick thought with you today--a little trick in thinking that made a big difference in my trading a few years ago. One of the problems…
Working on Exit Skills
[dc]O[/dc]ne of the challenges developing traders face is learning to manage positions effectively. Think about it for a minute—how many books do you know that show patterns and setups for…
Why Is Trading So Hard?
[dc]I[/dc] receive a lot of notes and messages from people who are struggling to learn to trade. One of the common threads is that many of them are discretionary traders,…