Systems
The word ‘systems’ when used in terms of trading and investing invokes thoughts of complicated computer software tools completing intricate analysis tasks and procedures but in reality, systems create order, consistency and objectivity. Systems are the very definition of a Road Map and they enable us to operate in “auto pilot” mode and react to […]
Reading tea leaves
In 1990, when I first got bitten by ‘the market bug’ and started spending hours and hours stooped over price charts and listed company financial statements, using technical analysis and charting was often likened to reading tea leaves or using voodoo to make decisions in the financial markets. This was the opinion of the great […]
What is the status of the Market right now?
Is the mining boom over? Are the major miners a BUY? What is the status of the markets right now? What historically has occurred to the markets when countries announce WAR? These questions and many more were discussed by Gary Stone and Peter Switzer recently on Switzer TV. Watch Gary Stone run his eye over […]
Ingredients that make up an investment strategy
This week I’ll try to take a different tack on trying to explain the workings of a successful investment strategy, that of making a cake. Look at the list of ingredients that are used to make most types of cakes and typically most of the individual ingredients that are used in just about every cake […]
“We trade our beliefs about the market”
Two quotes were provided by one of the comments to my posting last week which in turn provide the opportunity to continue discussing this very important area of trading, that of beliefs and what you believe, which I started discussing 2 weeks ago. The two quotes are: “beliefs are not based on evidence” and “without […]
The Unseen
“I believe in the sun, even when it doesn’t shine. I believe in love, even when it isn’t shown.” What other things do you believe in that are unseen? Gravity? Radio waves? Microwaves? Gravity, causes the apple fall to the ground from the apple tree. Radio waves, used by your ‘wireless’. Microwaves, used by mobile […]
Why is it so? Principles about investing that I have discovered.
Continuing from last week’s blog I have spent much of my time over the last 23 years seeking principles that exist in the market that are consistent with my investing beliefs (see last week). These are some of the market principles that I have discovered on my investing journey: Price trends exist in the market. […]
Why is it so? What I believe about investing.
In my posting last week I made this statement: “I have a predetermined set of simple actions that I will execute without any reservation, hesitation, fear, uncertainty, or doubt. These simple actions are documented in the Trading Plan that guides my investing actions, habits, processes, routines, attitude and culture.” How does one reach the point […]
The Tale of Two Markets
I find myself living in two trading worlds (or cities) at the moment, one where I am totally out of the market and the other where I am fully invested! Yes, both are long equities portfolios that deploy exactly the same processes and rules. How does this come about? I’ll start with Mark Douglas’s First […]
Market Status Update
Welcome once again to the Gary Stone Journal. This week we’ve opened the doors to an exclusive and normally customer only webinar that was recorded just yesterday. Watch Gary Stone as he steps through and undertakes thorough analysis across the North American, European and Asian Pacific Markets followed by commentary on the major currencies and […]