Welcome to Tom Alexander’s blog! Check back often as I post trade reports and helpful trading articles.
“Market Profile” was designed to visually display one thing, one REALITY: The Auction Market Process. You cannot understand the incredible amount of information to be discerned from the MP graph without understanding the Auction Process. Auction Markets have one purpose – to facilitate trade in … [Read more...]
The University of Alabama just won the college football National Championship by defeating the University of Georgia in an epic final game. Alabama has now won five of the last eight National Championships, and has played in the finals six of the last eight years. Why? Alabama has the best … [Read more...]
I received a question from a mentoring client a few days ago asking my opinion about shorting the Nasdaq. Long Answer: If you want to be a trader your goal has to be to develop a Trade Plan that has a positive expectancy. The requirements for developing a Trade Plan with a … [Read more...]
Almost all traders are looking for the same thing; they want information to help them predict the future. They then place trades based on this prediction. There are two primary schools of “predictors” – the fundamental predictors and the technical predictors. Below is a picture taken at a recent … [Read more...]
Special Report: US Stock Market(s) In 1985, my professional career as a stockbroker began with Kidder, Peabody. It was at the beginning of the end of a time when brokers were still trusted advisers as opposed to used car salesmen, and actually received a fair amount of legitimate … [Read more...]