Trailing stops: 9 ideas you can use today
Trade management is at least as important as trade entry, and maybe a lot more important. There are two main tools for trading management: profit targets and stops. From these…
Your many hats
I wrote a few posts last week about how to never miss the move. Today, I want to dig into that idea a little bit deeper, and think about why,…
Lessons from a reader: trade review of CREE
I received a good question from a long-time reader on a trade he executed in CREE. Here's Jim's (edited) question: I’ve been trying to swing trade for a few years…
Adding to positions: a simple rule
I want to share a simple rule that has worked well for me over the years. I'll explain the how and why, and then wrap up with some thoughts about…
A few thoughts, at the end of a historic trading day
Before I call it a day, I thought I'd share a few thoughts with you. For those of you finding this post later, US stocks broke down Thursday of last…
Correlated risk? Or opportunity?
In my weekend research report I write for my clients, I shared a few thoughts on correlation. This is a timely topic--we may be entering a period of the market…
Time to buy Japanese stocks? Why not the Yen?
Some trades are obviously simple on the surface: if we think the S&P 500 is going up, we buy the S&P 500. Yes, there are questions to be answered: how…
Enough theory, here’s what to actually do around events and reports
Over the past few days, I've written a bit about trading macro events and reports, and I also did a podcast episode on the subject. I shared some ideas about…
Slippage? Yes, please.
Sometimes, the thing you're afraid of turns out to be not so bad. Slippage is one of those things: as system developers, we know it will eat into our backtested…
Are you losing when you should be winning? Here’s something you might be missing.
Most people think about where to get into and out of positions. Most traders know how important it is to follow their rules, and most traders are always working toward…
The most important question you need to ask
I spent an hour a week ago talking with a very experienced stock trader. This guy has made a lot of money, but he's made it while fighting a strongly…
Video blog: trade review and the art of trading management
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…
Five things we can do with charts… that work
[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…
What’s Next for the S&P 500?
[dc]L[/dc]et's take a quick look at some developing market structure in the US stock market. First of all, consider the broad context: we are firmly ensconced in summertime trading conditions.…
Trading the Rally in India: Gaps and Risk
[dc]I[/dc] wanted to follow up on my recent post about trading the rally in India. I ended that post with a question: We were planning to enter EPI (an earnings-weighted…
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…