The Live Price Action Confidence Trick

By | November 12, 2015

I’ve touched on this subject before, but after witnessing my old pal Chris Capre using this trick twice within a week,  I believe a full article is now warranted. First off, you should take a couple of minutes to learn what a shell game is, if you don’t know already. I still remember my only… Read More »

The Logic of Profit Pyramiding in Trading

By | November 10, 2015

I believe that pyramiding of profits is a poorly understood concept among the great majority of traders. It is certainly much less used in practice than its exact opposite, averaging down, also known as adding to a losing position. Reading Reminiscences of a Stock Operator, a book which is almost 100 years old, one notices… Read More »

Paul Tudor Jones and Elliott Wave Theory

By | September 12, 2015

A few months ago I wrote an article addressing the magical powers attributed by some to Fibonacci analysis. What I had planned to write next about was Elliot Wave Theory, which I consider to be an equally ridiculous and degrading part of technical analysis. But, a couple of things held me back. Firstly, there’s much… Read More »

The Battle of Price Action Trading Giants – Chris Capre vs Nial Fuller

By | September 9, 2015

I’ve mentioned the universe of price action sellers before on this website. Today I’m going to revisit the subject because something very funny just happened. Someone sent me this article by Chris Capre, one of the high priests of price action sellers, 5 Reasons Why Hedge Funds Aren’t Trading Confirmation Price Action Signals where he… Read More »