Here’s an elegant piece from Brian Lunds blog on StockTwits.  He describes some simple rule for trading a reversal hammer.  Many of the rules fit my own style of trading this price action pattern. http://bclund.com/2012/05/07/5-rules-for-trading-a-reversal-hammer/ Brian’s blog is a good read so you may want to sign-up to his posts. Enjoy Paul

Many of you will have heard me evangelise (or maybe drone on, depending upon your view-point) about the work of Atul Gawande for 18 months or so.  In particular his book the Checklist Manifesto is an excellent read and is immensely relevant to traders.  I think its a fascinating book and I suggest it to all my clients to [...]

Hello fellow traders, I hope you’re all trading well during these first few weeks of January 2012. You may or may not be aware that I’ve been writing a monthly article for Traders’ Magazine on What Type Of Trader Are You? This month’s article is on the difference between Greed Based Traders vs. Fear Based [...]

Here’s a blog post written by Tom Willard about Maxwell Maltz, Psycho-Cybernetics and trading. For those who’ve never heard of Maxwell Maltz and psycho-cybernetics I would heartily recommend all traders take the time to read and digest the book. (You can pick up a copy of the book here should you wish to read more.) [...]

Hey traders, Here’s a blog piece by Tony Schwartz on the Harvard Business Review Blog Network on how to accomplish more by doing less. Not surprisingly if you sit at your desk from 7am till 10pm you are likely to reach a point of diminishing returns more quickly than if you work in 90 minute [...]

Fellow Traders, For those of you who maybe attending the London World Money Show on Saturday 12/11/2011 you maybe interested to watch yours truly in action! I’m taking part in a panel discussions entitled ‘The Good, The Bad & The Ugly: Lessons Learned’ which is about our experiences of 2011.  We’re on between 1630 & [...]

For those of you who missed it, here’s my first 2-part article that I was asked to write for Traders Magazine entitled “What Traders Can Learn From Battle Managers”: Part 1 is here: TradersMagArticle29092011. Part 2 can be found here: Trading Is War – Part 2

Ladies & Gentlemen, “They asked for an article and for my sins I gave them one. And after this article they’ll never want another.” (With apologies to Martin Sheen in Apocalypse Now!) I was asked to write an article for Traders’ Magazine and decided to try to write something a bit different from the normal [...]

“Private traders have one advantage over professionals – the ability to stay OUT of the market, yet they squander this advantage time and time again by trading when they shouldn’t” - Dr. Alexander Elder Wise words indeed by Dr. Elder and a principle I’ve followed in these last 48 hours where I’ve taken a hiatus from trading [...]

This is another great blog post by Peter Brandt.  I would heartily recommend you read and take action accordingly. Enjoy   Get ready for a big surprise! If you are a successful day trader, this post does not apply to you. However, if you are unsuccessful as a day trader, then this post might be [...]