by AdamHGrimes | Sep 5, 2018 | Trading tools, Volatility
One of the tools I’ve come to rely on over the last 10 years is an indicator I call Sigma Spikes. (Read about it and how to calculate here.) This is a volatility-adjusted measure of closes, meaning that it tells us if any single move on a chart is a big (and maybe...
by AdamHGrimes | Aug 21, 2018 | Trader Development, Trading tools
Consistency in trading results requires consistency of process. If you are doing something different every time you trade, it’s hard to evaluate your results. A simple pre-trade checklist can help to shape what you do and to guide you toward that oft-elusive...
by AdamHGrimes | May 10, 2018 | Trading tools
I change slowly. The last major change I made to my trading was in 2005, and the smaller changes I’ve made since then are tiny, incremental changes. Often, they’re just time-saving tools that have grown out of my coding work. I also am very consistent: I...
by AdamHGrimes | May 7, 2018 | Trading tools
I received a good question from J last week: As you know, I’ve recently switched to using Stop Limit orders for entries after experiencing a lot of slippage last month on one trade. Today I had the other problem: I missed an entry entirely because my Stop Limit order...
by AdamHGrimes | Apr 16, 2018 | Climax, Trading tools
A quick lesson on trendlines and what they can tell us about market dynamics. Take a look at a fairly long-term chart of the Dow Jones Industrial Average (below) with trendlines doing back to the low in early 2016. First, notice the light little trendline that ends in...
by AdamHGrimes | Aug 9, 2017 | Trading tools
I’ve shared these screens for a while, and they will eventually be part of the new MarketLife project. Until we’re live there, I’ll keep sharing them here. Here is a link to today’s screens: ML_Screens081017 And here is a “how to...
