Coming soon…
Just a short note here as we head into the holiday weekend. I want to share a few updates and tell you about about some exciting new things that are…
Stop! Don’t make that trade…
So you're a trader, huh? (Or investor... if you think of yourself as an investor, just read "invest" instead of "trade"; this message is for you too!) If you are…
Dealing with setbacks
If you are an individual self-directed trader, expect setbacks and failures, especially in the first two years. Expect that your triumphs may be promptly followed by dramatic failures, that you…
MarketLife Ep 7 – Is trading ethical?
This episode of MarketLife answers a reader question: I have extracted the following from chapter 3 of Napoleon Hill's Think and grow rich. It is part 5 of the Self…
What happens after a big down day in stocks?
So the stock market sold off hard yesterday. If you were living under a big enough rock you might have missed it, but now the doom and gloomers, the technicians…
The most important question you need to ask
I spent an hour a week ago talking with a very experienced stock trader. This guy has made a lot of money, but he's made it while fighting a strongly…
Video blog: using the daily market stats
An in-depth look at the intraday market stats page on this blog, with some ideas for using these stats to enter and manage trades. This is not just a tool…
A look at global relative strength
Where do we start? It's easy to get overwhelmed with the number of assets and markets in the global marketplace. Are you looking at everything you need to? Do you…
The S&P 500 setup heading into the Fed meeting
[This post was originally published on SeeItMarket.com, here. I have added some comments at the end of the post to update following yesterday's action. Despite the fact the market rallied…
A new tool to measure trend strength: the Grimes Efficiency Ratio
Is a market trending or not? Even this simple question, which is at the heart of most of our thinking about markets, is not easy to answer. Definitions of trend…
To buy or not to buy…?
We can simplify many of the problems of technical or tactical trading to one question: assume that a market just made a large move. Do we want to fade (go…
Trading a long complicated pullback in the Dollar
We spend a lot of time, as traders, developing skills of precision trading: when to enter trades, where to put stops, when to add, when to take partial profits, when…
What to do with quiet markets?
Just a high level perspective on what we have going on in a few major markets this week. In general, most markets are in some kind of volatility compression. Volatility…
Five questions to ask before each trade
Successful trading and investing is largely about asking the right questions. Many of the most serious mistakes we make come from blindly accepting our ideas and perceptions at face value.…
February update: meditation, support and resistance, and coding
I want to share an email I sent to my blog subscribers last week. If you don't get these updates, please sign up in the sidebar. There will be more…
Using spread charts
This is another post in the small series on tracking, understanding, and trading relative performance. In previous posts, we looked at two ways to track relative performance as a percent…