I’m a small-town girl at heart, having grown up in a town remotely located in the Eastern Sierra Nevada Mountains, near Yosemite National Park. I traveled around a bit and lived in several different cities, but my heart belongs to these mountains. I raised my children in the same small mountain town until they were middle school age, then we moved to the beach cities of Southern California where we enjoyed a bigger experience. Those were busy years. Having 3 daughters in high school at the same time and, working to support us all, was just the right setting for learning to work efficiently. Being able to get a lot done in a day isn’t about being a high powered multitasker. It’s about staying focused on what matters most in every given moment. This is how I trade. I focus on what matters, and I remove everything else.
I started out with a blog about trading ten years ago. That was the beginning of my life online. Today I lead a live trading room, send out trade alerts, teach classes on trading, and build indicators and trading software. This is how it happened…
I took my first trading class in 2001. I traveled around the country, learned techniques and trading systems from lots of different people and, like you, I read a lot of books on currency trading. I spent six years before making the transition from student to trader, which is an unusually long period of time!
I enjoy trading, but I really enjoyed learning trading systems. For me, being a Forex student was fun, and being a Forex trader is work! I’ve mixed and matched tools and indicators, learned systems, done it right, and I have done it wrong – believe me! I made tons of money, I lost tons of money, I spent tons of money to learn more! (Sound familiar?) I committed years of my life to staring at price charts on a computer screen. I even tried to quit a few times; deleted all my charts, vowed I’d never waste another hour or another dollar trying to figure it out. That didn’t last long – You know the story – I was back at my computer, re-creating charts and luring myself in with yet another book or trading system. You know, because … well, if you’re here reading this, you’ve probably done it too!
I know mine is a common story. After hours of practice, study and implementation, I made a discovery. It’s not about how you trade, it’s about knowing what you want and creating a path to accomplish it. The market moves every day. Every day there is an opportunity. Sometimes it’s big, sometimes it’s small, but if I show up, I can get a piece of it.
I built my own indicators based on the MACD and moving averages to distinguish trends from ranges, identify repeatable patterns, and find timing for points of entry. I built automated trading strategies based on mathematical facts such counting bars in the patterns, judging price action in terms of space and time, and identifying market timing relative to a series of moving averages. I pinpoint timing based on moving average convergence and divergence with proprietary MACD indicators I built myself. All that is to say I’m into quantitative analysis! I built trading systems based on mathematical truths rather than gut feelings and subjectivity.
When I started that blog a decade ago, two things happened that surprised me. I got better, and so did my readers. I understood accountability when I started publicly announcing my trades. I completely ceased all “non-essential” trading, and only took trades which I had carefully planned out with an expectation about what the repeatable pattern would produce. I was, (and still am), diligent to keep notes about every trade I took, reviewing my notes regularly for the purpose of learning and remembering what works best. When I invited the whole world to have a look at my private trade-journal, I became the best version of myself.
Trading isn’t difficult. You can buy, sell, or close. It’s child’s play! What makes it difficult is probably something you can read about in Psychology Today, because it has to do with our nature, our lack of focus, our inability to trust ourselves, our need for excitement, or 200 other things. But, it isn’t because trading strategies are difficult to learn.
The truth is, after 20 years of trading Forex, I have grown the most in the past 3 years. I found my place in a simple technique for identifying when the market is moving and how I can get a piece of it. I found my path to something repeatable so I can make a profit, and I know you will too.
My three little girls are all grown and graduated from college, now pursuing their own path to success. It’s my hope that they will stay focused on what matters most in every given moment. That is the secret to long-lasting success.
Have a great rest of your day.