The Traders Journal

Gatis Roze
About the authors: , CMT, holds an MBA from the Stanford Graduate School of Business and is a past president of the Technical Securities Analysts Association (TSAA). He is also the co-author of Tensile Trading: The 10 Essential Stages of Stock Market Mastery (Wiley, 2016). A full-time investor for over 25 years, Gatis has taught sold-out investment courses throughout the Pacific Northwest and beyond since 2000. Learn More

Grayson Roze
is the author of Trading for Dummies (Wiley, 2017) and Tensile Trading: The 10 Essential Stages of Stock Market Mastery (Wiley, 2016). He has worked in the financial services industry for StockCharts.com since 2012, and now serves as the Business Manager for the company. He holds a Bachelor's degree from Swarthmore College. Learn More

Latest Posts

The Traders Journal

Investing Is To Trading Just As Style Is To Design

by Gatis Roze

In the automotive industry, a car designer begins his or her career as a automotive stylist.  Over time, as their knowledge and experience grows, the most talented of the bunch are offered the chance to become a car designer.  It can take many years to earn that title, and few actually do.  You see, style is all about how things look.  Design is all about how things work.  To produce a truly successful car, both are needed. Emphasizing form over function – or vice versa – yields something less lasting.  The world’s best automotive design teams Read More 

The Traders Journal

Driverless Trading and the Five Investor Personalities

by Gatis Roze

Pursuing a ‘driverless strategy’ – be it automobiles, hedge funds or individual investing – is counterfactual thinking, in my opinion.  The new BMW iVision car has knob-less gesture controls, 3D displays and an auto function that switches the car into driverless mode.  Perhaps this will work on highways of the future, but don’t bring that sort of thinking to the stock market.  You’ll recall all those hedge funds that flamed out because they believed PhDs had uncovered new algorithms and derivatives that created virtual driverless portfolios.  For all my years in the Read More 

The Traders Journal

Pulling the Trigger: Six Essential Rules

by Gatis Roze

Make no mistake about it: these are internet days and news circles the globe at the speed of light.  Couple that with the fact that Wall Street is the world’s most sophisticated disinformation machine ever devised and you’ll appreciate why I believe technical analysis is an individual investor’s primary defense against the dark arts of disinformation. OkayI’ll lighten up. How about a few clichés?  The trend is your friend.  Snooze and you lose.  Both of these common sayings encourage you to be nimble and focus on reacting to changes promptly. It fosters the strategy Read More 

The Traders Journal

Your Survival and Success As An Investor Depends On This

by Gatis Roze

“The way to pick an investor’s pocket is through the ear.” – Jason Zweig There is a direct correlation between an investor’s profitability and his or her communication skills.  I would be willing to wager you that I could ascertain the degree of your success as an investor within just a few minutes of speaking with you.  That sounds arrogant, but if you do not speak the language of the markets, they have a way of skewering you.   It is a fact that Wall Street is dense with jargon that often means the exact opposite of what intuition would Read More 

The Traders Journal

My Pal Warren on the 10 Stages of Investing

by Gatis Roze

I’m a big fan of pithy quotes.  When I teach my college class “Tensile Trading”, I use quotes extensively to help illustrate each of the essential 10 stages of stock market mastery.  This week, I thought I’d have a guest blogger share his wisdom with respect to each of my ten elements for successful investing.  These are some of my favorite quotes from Warren Buffett. Money Management: “In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions Read More 

The Traders Journal

This Investor's Personal Mantra

by Gatis Roze

Having traded the markets for over 25 years, I am still focused on ruthlessly driving mind-bending emotions from my investing efforts.  With novice investors, the first and most significant speed bump seems to be simply acknowledging the fact that investors themselves are the speed bump. We need to accept two realities in particular.  The reality is that we, as human beings, are hard-wired to an ancient set of gray cells that have us perpetually tethered to poor financial decision making skills coupled with the reality that the world’s most sophisticated disinformation machine Read More 

The Traders Journal

WOW! The 10th Tensile Trading ChartPack Update!

by Gatis Roze

This is the tenth update to the Tensile Trading ChartPack.  When I look back at the initial version, let me just say I am astonished at how far we’ve come and how many improvements we’ve made over the past ten quarters.  At this juncture, I think it’s apropos to acknowledge two parties who’ve contributed to the ChartPack’s ongoing success.  First and foremost, I’d like to tip my hat to our user community, now numbering into the thousands, which continues to make excellent suggestions for enhancements.  Secondly, I’d like to recognize my son, Grayson Read More 

The Traders Journal

What I Learned from 30,874 Trades

by Gatis Roze

Thomas Edison said “Vision without execution is hallucination.” Real estate experts love to claim that success is based on “location, location, location.”  For his recent book, The Art of Execution (Harriman House 2015), Lee Freeman-Shor analyzed over 30,000 trades by 45 professional investors and concluded that success in the stock market comes down to “execution, execution, execution.”   Freeman-Shor groups investors into five tribes – Rabbits and Raiders whose behaviors put them on the losing side, and Assassins, Hunters and Connoisseurs who are Read More 

The Traders Journal

How I Deal with Trading Losses

by Gatis Roze

“I’m the only person I know that’s lost a quarter of a billion dollars in one year It’s very character building.”   -- Steve Jobs I have to say this up front:  I hate to lose.  I work very hard not to lose.  As Paul Newman said, “Show me a good loser and I will show you a loser.”  The closest I’ve come is that I have learned to cope with my losses in a manner that results in the least amount of lingering collateral damage.  In other words, I’ve learned to quickly move on. As I see it, there are two types of losses.  The first type Read More 

The Traders Journal

Powerful and Profitable Pairings: 1 + 1 = 3

by Gatis Roze

For myself, one of the most momentous insights into life and investing happened over 25 years ago when Sir John Templeton, who was exceptional as both an investor and a human being, talked about the profound importance of pairings in determining the quality of one’s life.  There are infinite examples all around us from which to choose – perhaps the most obvious being the pairing decision you make in choosing your significant other.  But imagine these famous pairs, for example.  Where would Lennon be without McCartney?  Sherlock Holmes without Watson?  Paul Simon Read More 

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