What really moves markets?
In the face of recent historic moves in stocks, crude oil, bonds, and many currencies, it is a good idea to step back and think about a fundamental question: what…
Hello, regret, my old friend…
Trading can be emotional. The market often has volatile moves and it seems new highs or the end of the world are just around the corner. In this environment, it’s…
Are the secrets of price action hidden in randomness?
This might be a more challenging blog post than most, but if you’re interested in really understanding price action I think it’s very important. Over the past several weeks I’ve…
How to be more creative
Creativity is, for me, right at the heart of our growth as humans. In this post, I’ll share some ideas for connecting with your own creativity and bringing the power…
The law of small numbers: a mistake you’re probably making
One of the very positive advances over the past decade is the amount of attention focused on cognitive biases. We are, through the work of some gifted authors and speakers,…
Learning technical analysis: mindset and expectations
[et_pb_section fb_built="1" admin_label="section" _builder_version="3.0.47"][et_pb_row admin_label="row" _builder_version="3.0.48" background_size="initial" background_position="top_left" background_repeat="repeat"][et_pb_column type="4_4" _builder_version="3.0.47" parallax="off" parallax_method="on"][et_pb_text admin_label="Text" _builder_version="3.0.74" background_size="initial" background_position="top_left" background_repeat="repeat"] This is a continuation of the little mini-series on getting started in…
The secret formula for success
The secret to success is no secret at all—it’s right there in the open, for everyone to see. To achieve greatness in any field you have to do the right…
How to get started in technical analysis
This is the third in my series of blog posts for beginning traders. One of the questions I see over and over is “how do I start learning technical analysis?”…
The most important goal of chart analysis
This is the first in a short series of posts in which we will look at the basic, fundamental elements of directional trading. This series will be written for beginning…
The power of habit and momentum
So, it's January 14th and I'm writing my first blog of the year. There's an important lesson here: habit, momentum, and daily rhythm are important. I have come to believe…
Reader question: is anyone worried?
In a Facebook discussion group I run, Dan asked if anyone was worried about the market. In this own words: I know you guys are robots who play the tape,…
TradeLab: Reviewing some recent trades we published
I firmly believe the best trading lessons come from the market... and the best of the best trading lessons come from your own work and trading. Let me share some…
Another way to get your questions answered
The new podcast is taking off--reviews and feedback have been outstanding, and I'm thinking maybe I underestimated the power of this format. It's a great way to really dig into…
Revisiting streaks
In a previous post, I gave a look at my published swing trade record, with a title on the post of Trading is Hard! Let's revisit that concept, almost exactly…
Stalking a trade–patience
So many of us get into trading for action and excitement. (That was one of the things that drew me to trading, years ago.) But what it takes to be…
What happens if you believe?
Over the years, I've moved toward being increasingly skeptical and critical of trading ideas. I knew this was happening, even if it was not a deliberate choice, but a recent…