I frequently use the term “context” in my instructional material. There is a reason for this. Context is the key to understanding why certain trades have a better than 50/50 chance of being profitable. If you do not understand context, you will most likely not develop a consistently profitable methodology. If you’ve gone through some […]
Bull markets do eventually end (or dramatically pause)
A word on stocks and current conditions. Between 2009 and January 2018, an unprecedented bull run drove stock prices into the stratosphere. An entire generation has never known anything but a bull market. An entire generation had no idea that markets could behave the way they have been behaving since February 2nd, 2018. This is […]
Adapting to change
February 16th, 2016 – A blog post which will hopefully help some traders who may be struggling in the current market conditions. There are some things which can be taught but there are some things which have to be experienced in order to fully understand them. The stock market meltdown at the beginning of the […]
The problems with SIM trading
Trading on a simulator (aka ‘paper trading’) is highly overrated. I frequently tell people they need to get off the sim as fast as possible. It offers an illusionary blanket of security which is actually counterproductive. No one trades the same way on a sim as he does for real money. The idea behind the simulator […]
Spoofing is still here.
I have received many emails over the last several months from people who are wondering if I’ve changed my material so as to adapt to the new “anti-spoofing” rules. I felt a blog post was in order because there is a lot of misunderstanding about the effects of spoofing as well as what role it […]