Thoughts, questions, insights, rants
I first heard about Adam Grimes on Chat with Traders. He struck me as somebody who has put a gigantic amount of research into his study of technical trading.
The amazing thing is that he teaches at least some of his insights in a free online course. Yeah, I hear you… yet another free course by some salesy trader. But no, it’s not!
I just discovered a video by The Chartist, Nick Radge. Well worth a watch.
He starts by distinguishing between quantitative and qualitative trading – the former can be learnt; the latter evolves with experience.
I won’t bore you by describing the whole video. Below are some thoughts I picked up. They’ll become clearer when you watch the video.
I have come across a few traders online offering courses that teach you their strategies. The big promise is a fast track to success which bypasses the tedious and painful learning curve they had to go through themselves.
I am in two minds about this. For now, I have decided to do my own thing until I understand trading better, know what I want to get out of it and what my preferences are. I think there are quite a few questions I’d need to ask myself before signing up for a course.