Midday Briefing for August 7th: Shifting Themes
With strong jobs data, we've seen the dollar rally sharply against the euro and stocks rally strongly to new bull highs, led by the financial sector.Note the inversion of recent themes: here we're seeing strong stock prices on the heels of a strong dol...
Thoughts on Discovering Our Best Trading
Here's a little thought experiment for active traders. Suppose you could only make two trades per day and you could only trade at a maximum of 2x leverage.Once you made your two trades, you were done for the day.What would happen?You would have to be ...
Readings to Start the Market Day
* Reduced bank lending in China;* Big bull rallies are typical of larger bear markets;* More talk of a "V" shaped recovery;* Put buyers on strike and more excellent market reads;* Ten interesting observations about the markets;* Views on consumer...
Morning Briefing for August 7th: Retreating Into the Range
Please take a look at my post on the narrowing trading range from several days ago. We're seeing that scenario playing out in recent trading, as stocks have retreated from their highs and are back into multiday trading ranges. All of this looks like ...
Trading, Entrepreneurship, and Confidence
The recent post emphasized the importance of finding creative trading niches. The great majority of traders I've known who have sustained success have developed their own unique "take" on markets. They either look at unique information, or they assem...
Trading Creatively: Finding New Niches as a Trader
A while back I wrote six pieces of advice for new traders. One additional piece of advice that I would offer is to be creative in finding markets and strategies to trade.If you were starting a new business, you wouldn't necessarily select an area that...
Morning Briefing for August 6th: Probing New Highs
Here we see that we're trading at the upper end of yesterday's range. Note that, once again, corrections have been relatively short and shallow, helping to preserve the uptrend. We have support at the Tuesday and Wednesday lows; failure to sustain ne...
Connect-123: Volunteer Work and Internship Experiences in Emerging Markets
Well, it's going on 9 AM here in Cape Town and I'm sitting in the offices of Connect-123, overlooking Table Mountain and the Central Business District. Just a lovely city, and everyone has been more than hospitable.Connect-123 started as our oldest so...
More Trader Psychology Posts
I'll be returning to live posts shortly. Here, in the interim, are further "best of" posts focusing on the psychology and performance of traders:Still More Best of TraderFeed Posts From 2006Posts to Help Your Self-Coaching.
More Collected Readings: Trader and Performance Psychology
Here are more readings worth viewing and reviewing, with a focus on trading performance. TraderFeed will go live again on a limited basis upon my arrival into South Africa:Developing Yourself as a TraderMore Best of TraderFeed Posts From 2006.
Collected Readings on Trading and Market Psychology
Thanks to all who have sent their well wishes. While I'm in transit to South Africa, here are readings that I think are worth reviewing.Best of TraderFeed from the first half of 2006Trading Discipline Linkfest.
Panic Rarely Pays
I was noticing today that anyone who sold the stock market late in 2008 and early in 2009 when thousands of stocks were making fresh lows for the year would now be losing significant money if they had held their short positions.Selling into panicky mar...
