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Market Wizards
May 30
Peter Brandt and the Position That Is Not an Opinion
Peter Brandt is known for classical charts. In a FundSeeder interview, the stronger lesson is that a chart is only useful when it defines risk.
May 29
Larry Hite and the Bet Small Enough to Lose
Larry Hite's risk lesson is simple and hard to live with: the trade has to be small enough that being wrong does not become the event.
May 28
Tom Basso and the Trade That Lets You Breathe
Tom Basso's old lesson is not that trading should feel exciting. It is that the system has to be boring enough to survive the next 10,000 trades.
May 28
Jack Schwager and the Winning Trade That Teaches Nothing
Jack Schwager's FundSeeder interview turns into a simple journal rule: do not grade the trade by the money first.
May 28
Ed Seykota and the Trade That Does Not Care If You Are Right
Ed Seykota made trend following sound simple, then spent years pointing at the part traders avoid: the feeling that makes them break the rule.