The End of Volatility

During the first three years of my trading career I participated in a stock market that seemed to move 1%+ almost every day. That market was built for short term traders. But during that same time period regulators pushed through a series of market structure changes that I believe laid the foundation for a long term decline in stock market … Read More

Top Calling is A Game For Losers

It is extremely difficult to identify a top in an up-trending market, however, a very useful and profitable exercise for traders is to identify conditions that may lead to a market pull back. So whereas the typical “top caller” invited to opine on CNBC has no idea whether the market is at a top professional traders focused on price action, … Read More

One’s Over Reaction is Another’s Opportunity

EUR/USD chart example

Volatility has ticked up in recent weeks. It’s about time. The major U.S. equity indices and currency markets have presented some sizable intraday movements. Uncertainty is beginning to re enter the markets. This is the time when traders shine the most. This is when the average traders improve and the good traders become great. Investors and uninformed watch their accounts … Read More