Categories
Book Reviews

Adam Grimes – The Art and Science of Technical Analysis – Review

Published in 2012 by a discretionary trader Adam Grimes, this book is all about the basics and logic about technical analysis in financial trading, why and how it works. Some say technical analysis works because everyone looks at the charts and anticipates the same way but Grimes goes back to the Dow chart of 1929 […]

Categories
Book Reviews

Michael W. Covel – Trend Following (5th Edition) – Review

I have just finished the book, Trend Following, 5th Edition (2017): How to Make a Fortune in Bull, Bear and Black Swan Markets by Michael W. Covel. I think the first edition came out somewhere around 2004 but has been revised and extended again now with up-to-date content. First, I want to say I started […]

Categories
Charts

The best loser is the long-term winner

Winning is easy, losing is hard. In school and sports we are taught to be winners. In trading we need to learn to lose. Amateurs like to take quick profits cause it feels good, they hold on to losing positions cause having it on paper doesn’t feel as bad as actually taking it. Pros do […]

Categories
Blog

Better System Trader Podcast Review

Better System Trader Podcast is founded by Andrew Swanscott, a systematic trader in Melbourne, Australia. He interviews traders from different backgrounds and approaches to markets. I have recently finished listening to all of the 164 episodes. In August last year, I started to notice my trading style had been evolving from discretionary into more systematic. Basically, […]

Categories
Charts

Focus on process, not results

Amateurs are looking for the next winning trade, pros know that trading is a long-term process of cutting losers and adding to winners. Market behavior is too random to predict the outcome of your next trade. Therefore, focus on things you can control and that is process, not results. There are few simple stats I […]

This website uses cookies and collects visitors' data. By continuing to use the site, you agree to Privacy Policy

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close