This has been a phenomenal market for trend followers. I’ve been enjoying riding this uptrend for a while now but even I’m realizing this is starting to look easy, and that’s not a good sign. Good investing or trading is never supposed to be easy. Boring, yes. But not easy. It’s starting to remind me of …
Tag Archive: $STUDY
Apr 23
Here’s How The ‘Hack-Crash’ Looked To A Trend Follower
Earlier today the Associated Press twitter account got hacked and sent out something about attacks on the White House and Obama being injured. The Dow dived 150pts in a couple of minutes and spent another 3 getting it back. Daytraders saw their stops get taken, losses booked, and sat there wondering what the hell happened. …
Apr 23
Reminder: Why I Hold Positions Through Earnings
With earnings season in full swing I’ve had several people ask me again about holding positions into earnings, so I thought I should re-post the original remarks I made a month ago where I went through a few examples of stocks we had held in the previous batch of reports. Interestingly, we are still holding …
Apr 22
What I Love Most About Markets
I first met the market in 1986. I was 16, living in the UK, and studying for a diploma in business studies and finance. There was an assignment where we had to manage a paper portfolio and see who made the most money. I made something like 100% in 6 months. I was young, ambitious, …
Apr 17
Divorce Your Ego From Your Trading
I’ve just finished re-reading the interview with Paul Tudor Jones in the first Market Wizards book. That and many other interviews in there get quoted a lot in the financial blogosphere, and with good reason, they’re just a goldmine of wisdom and insight from some of the greatest ever traders. In response to the question …
Jon Boorman, CMT, is a market technician, analyst, and trader with 25 years experience in global equity, forex, and futures markets. He employs trend following and momentum strategies to generate actionable trade ideas. More....
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