How do you know if you’re chasing a trade or not?
FOMO (fear of missing out) is a killer in the markets. One of the surest ways to lose money is to miss a trade, get frustrated, and then bang into…
AUDUSD: Short-term inflections or trend change?
One of the key challenges for discretionary traders is balancing short-term and longer-term information. Err too far on either side, and bad things will happen: Focus too much on short-term,…
Trading against your bias: how and why
I initiated a short in crude oil back in July, and an astute reader sent me a good question. For many weeks/months I had been operating with the assumption that…