Week 3 of the Course

[dc]W[/dc]eek three of the course is now live. You can access it from the main page for the Course, which is here. This week is a very information-heavy week, so be prepared to spend some time absorbing the material. The first video is about an hour and a half long, and shows some ways to think scientifically about the market. If you understand this material, you will never again hear someone say “Stock XYZ is finding support at its 50 day rising moving average” without thinking “that’s a meaningless statement.” I will show you why so many of the things technical analysts rely on simply do not work, but, more importantly, this video ends with concrete examples of ideas and patterns that do have an edge. There is enough material in this one video to build a trading program. The second video discusses classical swing analysis, but goes into much more depth considering the limitations of this tool. The third video leads you step by step through building your own P&L sheet, which will be an important tool next week when you start doing your own market research. Last, the fourth video discussing some quirks of trading psychology and includes an introduction to trance state—essentially a powerful technology for making change.

The companion materials for this week are a 65 page chart book and a trance session recording. The chart book includes nearly 100 years of the price history of the Dow Jones Industrial Average. If you do the work, you will gain a perspective and understanding on how stocks have moved through many different regimes. This is powerful information.

If you haven’t been taking the Course, please join us and start at week one. Don’t rush; we will have people working through this material at all stages of development. If you find this material interesting or useful, please share the course link with your friends, in trading forums, or anywhere you know people are working to understand the market and the process of trading.

(One practical note: Week 4 may be delayed a week as I deal with some production issues, and the holidays may introduce some gaps later this month. I’ll work to get stuff out as close to weekly as I can, but there may be a delay here and there.)


Adam Grimes has over two decades of experience in the industry as a trader, analyst and system developer. The author of a best-selling trading book, he has traded for his own account, for a top prop firm, and spent several years at the New York Mercantile Exchange. He focuses on the intersection of quantitative analysis and discretionary trading, and has a talent for teaching and helping traders find their own way in the market.

This Post Has One Comment

  1. shawn zhou

    Thanks for the hard work , gives me another reason to look forward to the weekend.

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