web analytics

What happens when you achieve your goals?

It’s good to be focused on goals. Goals tell us where we want to be, and help us best use our time, energies, and talents to get there. If we have good goals, we can accomplish much more than we’d ever expect, and can work through incredible periods of...

Marketlifetrading.com and the free trading course

About a year ago, my friend Tom and I sat down and talked about a new venture. At the time, I was very focused on creating a P&L tracker/journal piece of software that could help people understand what was going on in their trading. As Tom was building that piece...

There is no 10,000 hour rule

Have you ever heard someone say they are “working toward their 10,000 hours?” I’m sure everyone reading this has heard of the “10,000 hour rule”: the idea, drawn from Malcolm Gladwell’s bestselling book Outliers, that it takes...

Thinking two steps ahead

It’s easy to understand how there might be a pattern in the market that shows we have an edge or a reason to put on a trade. Maybe some combination of factors or patterns shows us that a market is more likely to go up over a certain time period, so we buy it....

Sector movements

Here’s a perspective on recent sector action with a longer-term context. I find movements on this type of chart can give good insight into flows and developing relative...

What should you expect after a big drop in stocks?

We’ve had a very large decline in stocks this week. Depending on what index you use and how you measure, it’s the biggest or one of the biggest in the past few years. The world is also tense with geopolitical concerns: economic numbers from major economies...

Sign up for updates

Sign up today to receive updates and insightful analysis.

Recent Comments

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