The Traders Journal

August 2017

The Traders Journal

Now Might Be a Good Time To Review 8 Previous Market Corrections ( I have been thru 6 of Them )

by Gatis Roze

Straight from the pages of my own trading journal. These are my charts from all the market corrections since 1981.  Here’s why I want to share these with you. The beauty of technical analysis is that it represents human emotions expressed by the buying and selling behavior of investors – emotions which are predictably repeated in times of crisis and have not changed over time.  In the midst of the present correction, I find that looking back at these charts stops me from doing anything rash or stupid. Dan Ariely, a Professor of Behavioral Read More 

The Traders Journal

Charts I'm Stalking: Action Practice #20

by Gatis Roze

The reality is that markets operate within the law of groupings. This is precisely why I have formatted my unique chart view in a pull-down  menu under ChartStyles. You simply click on “Gatis Roze” at the bottom of “Predefined Settings” and up pops the Tensile Trading analysis format that clearly shows the following: A) How your stock is performing relative to the market. B) How the Sector for your stock is performing relative to the market. C) How your stock’s Industry Group is performing relative to its Sector. D) How your stock is performing relative Read More 

The Traders Journal

The Investor's Curse: "If It Ain't Broke, We Fix It Until It Is"

by Gatis Roze

This phrase is most often heard in reference to lawmakers and bureaucrats in Washington, DC, but I think it’s an appropriate reflection of what many investors struggle with as well.  As an investor, you’ll seldom be destroyed by outside forces.  If you falter and lose your assets, more often than not it will be because you ignored your own rules and disciplines, thereby destroying yourself from the inside.  When my trading buddies ask me why I spend my free time teaching continuing education courses at a local college, I tell them that teaching investment classes Read More 

The Traders Journal

Get Inspired, Get Profitable, Get a Vacation

by Gatis Roze

It’s been my experience as a full-time trader over the decades that investing muscles need to take a vacation regularly. I’ve learned the hard way that vacations must be part of my money management routines. If I procrastinate and wait until I realize I need a vacation, the markets inevitably will have already told me the same thing in subtle ways. By then, it will have cost me money. My advice to you is to extract yourself from the investing-is-life box before reaching this point. I’ll concede that vacations are not real living but they need to be a regular Read More