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ChartSchool Video: a flag failure in UPS

Check out the free trading course at MarketLife for more information on these types of patterns. You can have my market analysis and insights for less than a dollar a day. Check out a MarketLife Plus subscription today, and know that you are covered by our 100%...

My biggest mistake

Mistakes are a part of trading. They’re a bad part of trading, and we generally do everything we can to reduce those errors. In fact, for developing traders at certain stages, the difference between profits and losses can simply be eliminating errors. Over the years,...

A better cup of french press coffee

I’m a little obsessive about… some things… well, ok, maybe most things, and especially most things that are food-related. One of the things I’m probably most obsessive about is my coffee, which I roast at home from green beans, grind in one of three grinders I own...

Shortcuts to world class?

One of the things I’ve puzzled over for years is the assertion Tim Ferriss makes, that anyone can become world-class in any endeavor in six months. The point of this blog post is not to proclaim that Tim is wrong, but I want to share with you some of my thoughts and...

What I learned from a year back at the piano bench

Note: much of my daily market analysis and market-focused educational work is now hosted at MarketLife. This, my personal blog, will evolve in some slightly new directions. Though there will always be connections back to finance, expect to see more wide-ranging topics...

FAQ for my new book

As most of you probably know, I published a new book last week, The Art and Science of Trading: Course Workbook, Detailed Examples, and Further Reading. You can find the book on Amazon. I’ve received a few of the same questions from many people, so I thought a brief...

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MarketLife Ep 35 – The beginner’s mind (a new mini-series)

This episode kicks off a mini-series in which I work with a beginning trader to learn the very fundamentals of the business. We will cover method, psychology, risk, learning techniques, money management, and much more, and hopefully we will get to see Austin have some...

Markelife Ep 34 – The Folly of Trading Wisdom

The podcast is back after a long break! Today, we dig into some of the conventional wisdom and common “soundbites” that are used. You’ve heard these, probably over and over: Only price pays. The trend is your friend. Ride your winners Never add to a...

Marketlife Ep 33 – Trade management: decisions and tradeoffs

So much emphasis is placed on where to get into a trade, entry signals, entry patterns… but the decisions we make after we are in the trade are at least as important (and maybe far more important) for overall profitability. In this episode, I dig into some of...

MarketLife Ep 32 – Technicals for the non-technician

In this episode, I look at basic technical tools that anyone, regardless of background or previous experience, can use to enhance his or her trading program. Important concepts and tools are covered, along with some ideas for how to expand your learning and learn to...

MarketLife Ep 31 – Get tough: how to develop mental strength

I received a good question this week from a reader, Vladan: Adam, can you please talk in one of your podcasts about mental strength when it comes to discretionary trading and how to improve it.  I know it ultimately comes from conviction, backtesting and knowledge but...

Waverly Advisors

We help people trade and invest. We do this by understanding what drives financial markets—where they’ve been and where they are most likely to go in the future..

The Course

Whether you are just starting your journey or trade professionally, there is something here for you. Experience the acclaimed (and completely free) comprehensive trading course designed by Adam H Grimes.

Reading List

A trader’s education should be both broad and deep. This reading list will help you build a strong foundation from accounting to basic market knowledge to the intimate workings of financial markets.

The Art and Science

“There are so many trading books our there and only a small percentage that are really and truly worth reading. This is one.” – Mark Bray