Blog Archives

More trading rules that you might want to ignore

There was a post on the Trading Goddess blog  the other day which included “the four cardinal …

Revisiting the impact of these markets on traders and investors

The other day I asked the question “How have these markets impacted your trading?” (if you haven’t …

The End of Wall Street?

If you haven’t seen it already, there is a fantastic article by Michael Lewis entitled The End …

Is it ok to leave a trade open more than one day?

Yesterday I started answering an email from a reader, covering the part of what he was asking …

Should I use charting software, and if so which one?

It appears that the trend in trader questions landing in my inbox these days is to ask …

How have these markets impacted your trading?

I get a lot of questions from traders and I answer the vast majority of them here …

Taking a Look at Price Distribution Charts

Have you seen a chart like this before? (click to enlarge) This style of chart is known …

Improving your trading by thinking less

Analysis paralysis. We’ll all heard of it. Have we all experienced it? I know I have. My …

Can I build positions by adding to winners?

Over the last two days I have been working through a multi-part query which came in from …

Is it possible to trade only on the monthly charts?

In yesterday’s post I started to answer an inquiry which came in from a prospective equity index …

Which mini equity futures contract is best?

Over the weekend I received from a trader what I feel like is really a three-part inquiry. Rather …

The media won’t help you trade or understand the markets

It’s been said before. It will be said again. I’m going to say it now anyway. Take …

Please, please stop saying “the forex”!

I need to let loose a rant here – and offer some advice. Can someone please tell …

Which indicators and timeframe can be best used for scalping?

This question came in from a forex trader named Calvin. I am currently trading forex and wish to …

Which trading systems should I use?

Here’s a trading system question that came in over the weekend: Hello John, I’m happy that you’re …

FBR

Book Review: Fooled by Randomness

People are fooled into believing what is random has meaningful causality

Leading Indicators vs. Lagging Indicators

A question came up recently on the Trade2Win forum about what indicators are leading and what are …

How come you don’t just start trading full time?

How come you don’t just start trading full time? Wouldn’t it be more lucrative then working the …

Where can I get intraday forex data?

Here’s another question (or rather pair of questions) about forex data. I am in need of some …

Do you manage money?

A reader by the name of Mike asked me the other day whether I manage money. The …

A few interesting and worthwile trading and finance resources

It’s another crazy day in the markets today, so let me take some time out to offer …

Where should Fibonacci Lines be drawn from?

Here is one of the more detailed and specific trader questions I’ve gotten in a while. John, …

Where can I find this forex data?

A reader by the name of Tom submitted the following question about forex and related market data.   …

Trading with Elliott Wave, does it work?

Here’s good question that came in from a trader over the weekend. hi john, something that i’m currently …

Something to check out: StockTwits

Howard Lindzon, a hedge fund manager, has been involved in developing a new project called StockTwits. To …

Backtesting isn’t just about evaluating a trading system

Trading via technical analysis is mainly an effort in pattern recognition. Evaluating the price action on a chart …

Is it unreasonable to expect that rate of return in my trading?

A reader by the name of Kevin brings up a question that I know a lot of …

Why were you in that trade?

I want to ask a question of those who are trading the S&P futures. Since the audience …

Traders as Investors

Traders and investors – however you want to define those two groups – don’t often see eye …

Once you’ve suffered a huge trading drawdown, how do you recover?

I imagine this question is one that more than a few traders are struggling with at the …

Where do I put my stops to avoid being taken out?

This trader inquiry was in my email inbox this morning: I would like to know where to put my …

FS

Book Review: Financial Shock, by Mark Zandi

A look back at the causes and drivers of the financial crisis

What does it mean to drain reserves from the short term money markets?

A member of the Trade2Win forum asked the following based on something he saw in the Financial …

Wall Street Warriors episode videos

I’ve never seen the show myself as I don’t have the Mojo network, but I’ve heard a …

I think technical analysis is crap, and I should study economics to swing trade forex

Here’s something I came across on Trade2Win. I am a newbie, have been reading forex stuff for …

Any advice on swing trading in the forex market?

Here’s another forex related question, though it’s got wider application. John, I would like to make a …

What do you suggest is the best way to trade fx markets?

Here’s a part-comment, part-question I received from a trader named Garry the other day. Simplicity is the …

Does The Essentials of Trading cover strategies related to E-mini S&Ps?

Here’s another inquiry which came in recently. Hi John: My name is Brent and I am relatively …

Very, very, very bad trading!

The following posting was pointed to me. I think it originally came from Craig’s List. The poster’s …

Kondratieff Long Wave Theory

I was asked the other day: What is your take on the Kondratieff Long Wave Theory?  Would …

Addressing the current situation in terms of currency trading

I sent a note out to my mailing list on Monday asking: Obviously we’ve got some crazy …

How do market makers adjust prices?

Here’s a question which came in over the weekend from Wally about market makers: Here’s one: how …

Lehman and company, like bad carry trades

In the forex market there are tons of strategies which basically boil down to being carry trades. …

Stock screeners revisted

I get questions periodically about stock screeners, and see others frequently on discussion forum sites. Today I …

Does coaching of trading psychology, require a successful practitioner?

Picking up on the thread from Those Who Can’t Trade Teach, ducati998 authored Selling education and trading methodologies. Actually, he’d entered …

Do you have a Top 5 list of recommended Trading Psychology books?

Here’s another entry from my email inbox. Mr. Forman, Thank you for your kind email, but more …

Some thoughts on new traders and their development

Ray Barros included his beliefs on trader development in his recent Plan & Personality post. Here they are: I …

Is there a way to guage when a market will break out and which way?

A couple of weeks ago I introduced a new video course: Reading market strength and weakness. One of those …

Keeping Perspective – You’re Not “A Trader”

One of the things everyone who trades needs to do is to keep things in perspective. Trading …

Should I quit my job to start trading for a living?

I have been involved in an email exchange with someone from my mailing list over about the …