Continuing the discussion on the art of pattern recognition

…the video blog I posted last night has some good information on subjective pattern recognition and trade management, along with some specific comments on the art aspect of trading. It is a bit long for a video blog (thirteen minutes), but I think it significantly extends the discussion.


Adam Grimes has over two decades of experience in the industry as a trader, analyst and system developer. The author of a best-selling trading book, he has traded for his own account, for a top prop firm, and spent several years at the New York Mercantile Exchange. He focuses on the intersection of quantitative analysis and discretionary trading, and has a talent for teaching and helping traders find their own way in the market.

This Post Has 2 Comments

  1. tealeaves

    A common message in trading is to sell your losers and let your winners run. The style presented seems to be managed trading with a high probability setup patter and target. Can you comment on “letting your winners run” in a future blog.

    1. Adam Grimes

      One possible solution is to do both. In other words, take partial profits at a pretty “close” target (maybe 1X the initial trade risk) and then work on letting the other half run.

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