Adam Grimes is the author of the popular book “The Art and Science of Technical Analysis,” and the Chief Investment Officer of Waverly Advisors, and host of the Market Life podcast.
His career spans 20 years where he traded a wide range of asset classes, both by himself and with a well-respected prop firm as well as a brief time on the New York Mercantile Exchange (NYMEX).
During this interview Adam reveals his outlook on the market, and different aspects of trading. He also talks about many psychology tips to help you with trading.
What’s Covered in This Interview:
- What traders can do if they’re under-capitalized.
- How to spot ineffective trading methods that aren’t working.
- What a typical path to become a trader is like, such as the types of success you have along the way and why you need to stay active.
- What it really means to having an edge and how you can find out if you have one by understanding probabilities and randomness.
- A discussion whether patterns that the majority identifies or ones that are harder to find is usually more reliable.
- How traders can use meditation to rewire themselves by increasing, decreasing or modifying habits to improve trading.
- Adam shares his insightful views on the common criticism that surrounds technical analysis, about how it only deals with the past.
Links and Resources:
- The Art and Science of Technical Analysis – Adam Grimes wrote this book that gives powerful insights on profitable technical patterns and strategies.
- The Art and Science of Trading Course –A free course Adam created to help traders build a robust trading methodology.
- AdamHGrimes.com – Visit Adams blog to get a copy of his free guide “Quantitative Analysis of Market Data.”
- Market Life podcast – Adam’s podcast where he answers listener questions. .
- Meditation Experience – Afree 22 day audio course Adam created to share meditative techniques and practices.
- Stocktwits interview – A recent Adam did with StockTwits talking about the pros and cons of meditation to help traders achieve their goals.
- Waverly Advisors – Adam is the Chief Investment Officer at this research and advisory firm.
- @AdamHGrimes – Follow Adam on Twitter.
