Make the market be your teacher
“Learn from the market. Let the market be your teacher.” This sounds like the path to true trading wisdom (and it is), but there’s an obvious question: how do we…
Knowing the future with market stats
So, you’ve seen the headlines and, if you somehow missed it when it happened, you know that last week was a period of historically high volatility in the stock indexes.…
Chartschool: do your own homework
In this video, I show you how to use an Excel spreadsheet and, in just a few minutes, get some basic answers about market tendencies and market stats. https://youtu.be/d6Ob19DMLlk
Reader question: how to backtest?
Reader Jas asked a question about backtesting: I was wondering if you'd be able to advise me on how to back test a strategy on some custom indicators. I'm aware…
MarketLife Ep 5 – Trading, investing, and gambling: playing the odds and how to do it
This episode of MarketLife looks at trading, investing, and gambling, and how people try to put the odds in their favor. Everything we do in financial…
Bad statistics lead to bad decisions: the first day of the month effect
It is easy to calculate statistics, and it seems like, more and more, we are bombarded with market statistics from every side. The problem is that many of those statistics…
Death cross: omen or not?
One of the recurring themes in my work is that most of the technical tools most people use do not show an actual edge in the market--in other words, as…
Reader question: Volume?
Nathan asks: Does volume play any role in your analysis? Do you look at increased volatility in conjunction with increased volume? Also, since the spot FX market does not have…