Trailing stops: 9 ideas you can use today
Trade management is at least as important as trade entry, and maybe a lot more important. There are two main tools for trading management: profit targets and stops. From these…
Trade management lessons from a nasty reversal
I want to share a trade with you that I recent published in my Talon research report. There are a few lessons here: first, the enduring lesson of trading pullbacks…
Writing prompts: Trading psychology and risk management
Continuing from my last post, here are the rest of the questions my friend asked me to expound upon. What is Risk Management and should it be lumped together under…
Lessons from a reader: trade review of CREE
I received a good question from a long-time reader on a trade he executed in CREE. Here's Jim's (edited) question: I’ve been trying to swing trade for a few years…
It’s not what you think
I've been in this business for about two decades, and I've seen some... let's say... "stuff". One of the most interesting things is that everyone, in developing their process or…
Chart of the Day: Stops on Treasuries
The chart of the 30 Year Treasury futures shows an important formation. First, we are short Treasuries, (in my published research) and have been for a while; the trade has…
Trading the Unexpected
A pattern in volatility can sometimes give a directional tilt to the market, but, more importantly, how do we know when a trade is wrong and what do we do about it?