Are the secrets of price action hidden in randomness?
This might be a more challenging blog post than most, but if you’re interested in really understanding price action I think it’s very important. Over the past several weeks I’ve…
Reader question: how can it be random?
I received a good question from Gareth this morning: "Your book is one of my top sources in trading literature, though there are some ideas that I find it difficult…
We don’t know as much as we think we do
We, all of us, tend to be overconfident and make too many assumptions. Consider this case: a few years ago, it seemed the TA landscape was swept with the idea…
Managing your luck
I left you, at the end of yesterday's post, with some strong evidence that luck plays a big part in your trading results. Now for the good news: you are…
What Do You See Here?
The mind is a pattern finding machine... and that's not always a good thing.
The Slings and Arrows of Outrageous Fortune
A look at what normal variability in trading results can really mean.