The Traders Journal

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NEW ChartPack Updates (Q3, 2017) with Actionable Info and Major Additions!

When is the last time someone offered to give you a couple hundred hours of “time”?  We are here to do precisely that!  You’ve all heard the cliche that “even the richest man has only the same 24 hours in a day as the poorest man.”  Regardless of what kind of investor you might be, we guarantee two things:

1. To be the very best investor you can be, you need to carefully assemble a portfolio of ChartLists to facilitate your asset allocation, money management, market analysis, routines, stalking, buying, monitoring and selling disciplines.

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3 Investors, 3 Blind Spots, 3 Solutions

Picture this:  I am at a cocktail party chatting with three people about investing.  The first person says, “I could be a really successful investor if only I could emotionally tolerate a bit more risk.”  The second person claims, “I could be a world-class investor too if I had access to the same information as big institutional investors.”  The third person believes that his market timing model is the last missing element holding him back from consistent profitability.  I have known all three of these part-time investors for well over a decade.  I’ll try to be gentle just in case any of them read this blog.  If they do, label it “tough love”. 

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Here's How You Build a Super Bowl Champion Portfolio (Hint: Pick Your Correlations Carefully)

Imagine a football coach who has the best eleven quarterbacks in the NFL altogether on the same team and puts them on field at the same time.  This “dream team” would get clobbered. Without tight ends, tackles, guards, wide receivers and a center there to present a balanced attack, there would be no hope of victory. So why do so many investors build a team of assets that does precisely the equivalent of a team with 11 quarterbacks? With this sports analogy and some further elaboration, I’ll prove to you the importance of diversification and strategic correlations.

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Do Investors Love Their Children Too?

The Public Relations industry has crisis simulation firms that actually come into corporations and compress a hypothetical month-long disaster into a few stressful hours in order to see how management responds. I’d like to do something similar, but in the family financial arena with parents and children. Sadly, however, I don’t think many parents would hire me. 

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Investor Seminar Season: Can The Speakers Walk the Talk?

I attend investment seminars as half-monk, half-hit man.  My time is a precious commodity, so if you are a speaker and see me in the audience, be prepared.  My hot button is when speakers show a few elaborate slides, “share” their four favorite tenets to successful investing and then launch directly into their marketing pitch.  They act as if they’ve given you the keys to the kingdom, proving their brilliance and justifying your attention. And those four tenets are invariably the same:

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How History Unlocks Deep Insights Within Today's Price and Volume Charts

History matters because markets do indeed repeat themselves.  John Kenneth Galbraith was interviewed in the PBS documentary, The Crash of 1929, and he observed that every   30 years or so we predictably have a major market correction because that seems to be the length of time it takes each generation to forget the lessons of the previous generation.

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Academics Agree: Asset Allocation is the Only Free Lunch in the Investing Arena

Upfront, it’s important to note that unlike most investors who hear asset allocation and conjure up three asset baskets (stocks, bonds, cash), Tensile Trading presents an exhaustive all-inclusive buffet of 59 different asset classes from which you choose.  Our book also shows to what extent each of these various assets classes is correlated to the S&P 500.  

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Now Might Be a Good Time To Review 8 Previous Market Corrections ( I have been thru 6 of Them )

Straight from the pages of my own trading journal. These are my charts from all the market corrections since 1981.  Here’s why I want to share these with you.

The beauty of technical analysis is that it represents human emotions expressed by the buying and selling behavior of investors – emotions which are predictably repeated in times of crisis and have not changed over time.  In the midst of the present correction, I find that looking back at these charts stops me from doing anything rash or stupid.

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