The Traders JournalMarch 26, 2021 at 04:17 PM
I just revisited the past 30 years of my trading journals...Read More
The Traders JournalMarch 05, 2021 at 10:17 PM
This is an update to an important blog I wrote three years ago. Investors have once again been misled by the media and bamboozled by ETF sponsors such as iShares, SPDRs and Invesco...Read More
The Traders JournalFebruary 12, 2021 at 06:03 PM
If you can embrace this metaphor, consistent profits are achievable. Think of the stock market as a mythical beast that feeds on truths but its behavior is driven by rumors and beliefs...Read More
The Traders JournalJanuary 29, 2021 at 02:56 PM
Willie Sutton, the notorious bank robber from the 1920s and 30s, was asked once by a reporter why he robbed banks. He famously replied, "Because that's where the money is...Read More
The Traders JournalJanuary 15, 2021 at 06:00 PM
FACT: If you investigate the skill sets of the top tier General Managers of your favorite pro sports league, you'll recognize uncanny parallels to the top tier traders described in the Market Wizard books. This is not a coincidence...Read More
The Traders JournalJanuary 01, 2021 at 10:14 PM
The catalyst for this blog is the new Stock Market Wizards book that happily appeared under my Christmas tree last week. When I opened this gift, I was in the midst of doing my own annual page-by-page review of my personal Traders Journal for the year 2020...Read More
The Traders JournalDecember 24, 2020 at 07:55 PM
I'll be candid with you about my portfolio performance if you'll agree to be candid about yours. This is the time of year when I subscribe to the routines outlined in Stage 10 of our book, Tensile Trading. The section entitled "Revisit, Retune, Refine"...Read More
The Traders JournalDecember 11, 2020 at 06:38 PM
"It's not how much money you make, but it's how much money you keep...Read More
The Traders JournalNovember 13, 2020 at 05:06 PM
Maintaining the mindset of a serious investor takes discipline. Personally, I have found necessary motivations amongst sports analogies and metaphors. I confess — I lean on them heavily. After 30 years, I've learned that stock market profitability is a synonym for discipline...Read More
The Traders JournalNovember 02, 2020 at 04:58 PM
So I'm the lucky guy who gets to host "Your Daily Five" the day before election night. What a time to step in for a new show! It's been a fascinating few weeks for markets, which of course is only fitting given all of the madness we've seen here in 2020 more broadly...Read More