Van Tharp asks about Artificial Intelligence in Trading

[originally published on medium] I’m a huge fan of Van Tharp and his books. I’ve read all (most?) of them. I also subscribe to his email newsletter. In a recent newsletter, Mr. Tharp revealed a small investment he made in $AIEQ, an ETF recently launched which utilizes Artificial Intelligence to make...

I’m a Side Hustle Bull

[originally published on medium]  Last night was another great night for the Colorado Traders meetup group that I run. Our gathering in Denver had over 20 traders from all walks of the trader spectrum. And even more impressive, we had several brand new faces. (If you’re in Colorado, join us!) And...

The Ultimate Commodity for Traders: IDEAS

[originally published on medium] Ideas are everywhere, but ideas with EDGE are scarce. How much are statistically significant ideas worth to you? I’ll assume that if you’re an active day trader, you’ve got at least $25K in your account. That’s the minimum our “brilliant” lawmakers insist must be in your account in...

Financial Media is Failing Active Traders

[originally published on medium] The real money is made in the Data, not the Narrative. When the Trade Ideas Artificial Intelligence Virtual Analyst (Holly) triggered an entry to buy HMNY on Sept 26 at $9.43, chances are you weren’t reading about this on wsj.com or getting alerted to a potentially...

Trading comes down to you. Take responsibility. Take ownership.

[originally published on medium] Systematic or machine trading is no panacea. It is a tool. It’s seductive to think that we can turn our investing or trading over to a money making machine, then sit back and simply count cash as it rolls into our account. Feet up, cold drink in...

Introducing: The BTFD Pro Alert powered by Trade Ideas

It’s no secret to active stock market participants that the best trade since 2009 is the BTFD trade. In case you moved to North Korea in 2008 to avoid bill collectors on your busted sub-prime loan portfolio and have therefore lost all contact with Western social finance circles, “BTFD” stands...

Seek Relentless Optimism

I consider myself incredibly fortunate to have built up a personal network of extremely talented, helpful, and considerate fellow Traders and fintech professionals — both in real life and online (not real life?). One such individual is Darrin Donnelly, known by many of you as @DarvasTrader on twitter. Darrin recently released the...

My Mission: Advocating for Truth in Trading and Empowering Traders

Sometimes the most obvious solutions are staring you right in the face, but you’re too blinded or distracted to see it. During the past month or so, it has become crystal clear to me that I have a very important role to serve in both the retail and professional trading...

Stoicism and Trading

[originally published on medium]   In recent years, I’ve been reading more and more about the stoic philosophies and identifying more with their principles as they apply to my style of trading. In the pain trade, the pain is real. I’m often sitting in equity drawdowns that would make lesser men...

The Market Speculator’s Only True Edge

…is more easily attainable than one might think. As I reflect back upon my trading in 2015, there is as much to be happy about as there were hard lessons and painful “aha!” moments. Anyone who listens to my trader interviews on StockTwits’ The Must Follow podcast has no doubt been treated to...

My Interview with Futures Trader Peter L. Brandt

[originally published on medium] “I am wrong 60% of the time. This means that my default emotional expectation on a trade should be that this [next] trade will be a loser.” ~ @PeterLBrandt Peter Brandt loses on 60% or more of his trades. He’s run the numbers and his win-loss...