Harvey’s Day Trading Blog
Posts
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Yes But How Does That Help?
When I saw (and answered) this question over on Quora, I was reminded of one of the Old Lady Job Justification Hearings. For those not well versed in BBC Radio 4 comedy, the hearings were a recurring sketch in a…
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Announcing Something New
Anyone following my Instagram feed will have seen a little post that was out of the ordinary on Friday. It looked like this: Want to know why, for the first time, I didn’t post a chart? Read on — for…
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Managing Multiple Trades
Well that was a busy morning. It all kicked off at the same time, leaving me with a couple of trades to manage at once. One of the reasons I only trade the morning session is because I am not…
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Going Old School
To make a change from posting so many NASDAQ tech stocks, here are a couple of old school financial ones traded on the NYSE. First off, WFC: All fairly standard stuff here. There was a little hesitation at the previous…
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Getting Back In The Saddle
That’s it, summer is over. Back to work! Okay, some of us never really went away. My blog posts may have thinned out to eventually disappear altogether over the holiday period, but I still traded at least one day each…
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We Don’t Have To Trade
As I have alluded to in recent posts, and as the time between those posts has illustrated, I trade a lot less during the summer. There are a few reasons why. One reason is that the markets are generally quieter…
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So Begins The Summer
It’s that time of year when the activity in the markets begins to wane. When thoughts turn from double-tops to crop tops, from shorts to beach shorts, and from breakouts to summer breaks. Summer is here in the northern hemisphere,…
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Happy (Financial) Independence Day
As a non-American, independence day is not a date that’s burned into my consciousness, beyond being a day I know I won’t be trading because the markets are closed. But it is a day on which I reflect on what…
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Size Doesn’t Matter…
…It’s what you do with it that counts. That’s what they say, right? Nonsense. Size matters. A lot. At least when it comes to trading. It matters for two reasons. 1) Travel Range The average travel range (or ATR) of…
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Day Trading Is Like Living In The Matrix
Something I see beginning traders struggle with a lot is blindly following rules and then wondering why their trades don’t work out. It’s an honest mistake to make, after all, we are taught from an early age that rules are…