How do you know if you have a trading edge?
In a recent blog post, I made the statement (borrowed from Jack Schwager), that you must have an edge to be successful in the marketplace, and, if you don't know…
Reader question: you can do it in your sleep?
I received a good question from Nick: In many of your writings as well as the most recent podcast, you have mentioned looking at charts prior to going to bed.…
Reader question: staying alive long enough to learn to trade
I received a lengthy question for a reader who has put in a lot of time learning to trade, and has not yet left the trading simulator. I thought his…
Catching the wave: ideas for finding trend days
I received a question from Alex, which appears to be a simple question. Digging deeper, it actually drives straight to the essence of intraday trading: If I am wanting to…
Your best trading book is your own trading book: four steps to making it real
There are a few practices that consistently separate winning traders from the losers. True, there is an incredible diversity of winning strategies, approaches, and personalities, and winning traders do and…
Six keys to effective risk management
1. It is not just that risk is hard to understand--some risks may be impossible to understand. Your risk management plan has to leave room for the unknown and the…
Five steps to trading discipline (and why you should care)
You have to be a disciplined trader. This is one of the nuggets of trading wisdom we hear constantly, and for good reason--it's true. Without discipline, we will make many…
Five steps to a successful investment process
It's easy to make money in the market. Anyone can place a winning trade; no expertise, experience, knowledge, or edge is possible. It's not so easy to make money in…
Stop! Don’t make that trade…
So you're a trader, huh? (Or investor... if you think of yourself as an investor, just read "invest" instead of "trade"; this message is for you too!) If you are…
MarketLife Ep 8 – The Trader’s Journey (part 1 of 2)
This episode of MarketLife looks at some of the things that stand between beginning traders and success. What can you do to make your chances better? What are the challenges…
Dealing with setbacks
If you are an individual self-directed trader, expect setbacks and failures, especially in the first two years. Expect that your triumphs may be promptly followed by dramatic failures, that you…
A look at the meditation experience
Sixteen days ago, I started publishing a series of short daily podcasts on meditation. So many people are writing about meditation and its benefits, but there's also a lot of…
Understanding the uncertainty of our market predictions
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…
Experience meditation, starting today, starting now
The twenty two day guided meditation experience is now live. I will not be posting regular updates here, but follow me on twitter (@AdamHGrimes) or bookmark this page for daily…
Five questions to ask before each trade
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.…
What to do when your stop is hit?
This could, perhaps, be the shortest blog post ever. I could simply answer the question with: follow your rules. Get out. But let's dig a little deeper. Before we really…