Turning a Trading Weakness Into a Strength

This story for me begins back in my futures trading days. Back then, I embarked on a journey to learn how to be a trend following commodities trader, inspired by the famous Turtle Traders story. I fully immersed myself in the philosophies of trend following and the nuts-n-bolts of how...

A Good Trader Does Not Need Validation

Through a common friend, I am grateful to have received an autographed copy of Market Wizard Linda Bradford Raschke's new book "Trading Sardines." I've been tearing through it this evening and this common sense quote on page 93 floored me: A good trader does not need validation. Does it matter...

Stand Up and Trading

  The more I think about it, the more it isn't surprising that I can relate to the plight of the Stand Up Comedian. Here, in no particular order, is how Stand Up Comedians and Traders are incredibly similar species: It's all you. All your successes and failures are your...

Any Fool Can Capitalize on Gains…

I recently read this quote and it is a reminder that feels appropriate not just in life, but in Trading as well. The most important thing in life is not to capitalize on your gains. Any fool can do that. The really important thing is to profit from your losses....

Being You. Being Me.

You be you and I'll be me. There's nobody out there that does you better than you. And there ain't nobody better at being me than me. Be proud. Be loud. And sing it from the rafters. Celebrate our faults. Share our failures. And give credit for our good fortune...

Trading is Lonely. Community is Everything.

Last night, we kicked off YEAR FIVE of now twice-monthly Trader Meetups in Denver & Boulder Colorado. What I started out as a test-pilot group for what would eventually become a nationwide network of meetup groups for StockTwits members, has now become an irreplaceable routine for me to stay connected...

The Hunter Becomes the Risk Manager

All we can ask for as Traders is to have the best weapons at our disposal in order to tackle the markets. And these weapons become worth their weight in gold if they help identify trades with significant edge while minimizing or fully eliminating the chance for human error to...

Managing Vertical Spreads

So far in the early stages of this market correction (dare I say Bear Market? Too Soon?), I’ve been aggressively deploying Bear Call Spreads to attack bearish trading opportunities. Bear Call Spreads are a version of a vertical spread that consist of a short call at or slightly out-of-the-money and...

There’s a Revolution Coming For Retail Brokerage

...and it's not about the cheapest commissions, the slickest mobile experience, or the coolest ads during the Super Bowl. Nope. It's about giving the customer what the customer wants. And what do customers want? Well, before I answer that question, let us do a very brief review of recent history...

Gratitude (good) and Perfection (bad)

Happy Thanksgiving! During our family’s feast this year I’ll be reflecting on my gratitude to each and every one of our subscribers, and to my team here at All Star Charts. I could not ask for a more engaged audience and a more top-notch group of analysts to work with....

Be Aggressive When Taking Profits

Until stock markets sound the “all clear” signal and we can get back to our regularly scheduled bull market, we have to operate with a different set of rules in order to protect our capital — both money and mind. Corrective or Bear Markets require a different set of tools....