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

Here's How Your Buying & Selling RT (Reaction Time) Flows Through to Your Bottom Line

by Gatis Roze

I’ve been told I’m a little unusual in that I rate my trades on a scale of 1 – 5 stars depending on my reaction time (RT).  My reaction time rating is merely a measure of the quickness an investor responds to some sort of market stimulus.  I rate it both on the buy side and on the sell side of my trades.  No, I don’t get wired up like the Dutch physiologist, F. C. Donders, started doing back in 1865 when he began measuring human reaction, but I do have my system.  Stop and think about it.  Your RT plays a large part in your everyday life.  Fast reaction times Read More 

The Traders Journal

As Easy As 1, 2, 3...or 4?

by Grayson Roze

What does it take to succeed as an investor?  That’s a broad question but nonetheless a supremely important one. Let’s stop, think about this for a minute and see if we can boil it down to a few core elements. First off, it takes genuine curiosity. It requires a thirst for knowledge, a willingness to continually seek out education and expand your intellectual capital. This is the learning part of the equation. I’m confident that you have this checkbox covered because you’re displaying that curiosity right now just by reading this blog. You’ve come here to satisfy that thirst for Read More 

The Traders Journal

The Secret of Success Is...

by Gatis Roze

This past February, John Elway, General Manager of the Denver Broncos, achieved the pinnacle of success when his team won the 2016 Super Bowl.  When I was a graduate student in business school, I had the privilege and good fortune of watching Elway play football as the quarterback for Stanford and seeing him around campus in a multitude of different situations. I was struck by the fact that, even as an undergraduate student athlete, he stood out as exceptional. Whether in the weight room or in the library at midnight, he was cultivating prerequisites that would significantly increase Read More 

The Traders Journal

Wall Street's Free Lunch... But Investors Must Still Read the Menu

by Gatis Roze

To paraphrase Bill Murray from the movie “Aloha,” the future is not something that just happens.  It’s a brutal force with a great sense of humor that will nickel and dime your investments until it’s totally steamrolled your portfolio if you aren’t watching. I will concede that it’s a personal rant of sorts, as I have been on the receiving end of excessive charges and fees.  As a market observer, I constantly bear witness to many creative examples of the “steamrolling” force so eloquently cited by Murray. A perfect example came from an attendee at Read More 

The Traders Journal

The "WHY" Investors Versus The "WHAT" Investors: And The Winner Is...

by Gatis Roze

Highly educated people are, for the most part, trained to ask the question “Why?”  Engineers, accountants, doctors, lawyers and the like invariably want to know all they can about why certain things happen. The assumption is, of course, that knowing why will help you do the right thing in your career domain and therefore get nicely rewarded for it.   While this strategy may work well in one’s particular profession, the stock market domain is completely different. In the financial arena, one is not necessarily going to be rewarded just because they understand the underlying Read More 

The Traders Journal

The Most Profitable Correlation in the Stock Market

by Gatis Roze

Whether it’s life or investing, if you ignore the reality of correlations – be they positive or negative – you are literally engaged in paradigm shifting.  This is the equivalent of trying to put the milk back into the cow.  We all witness examples of positive correlations in our daily lives.  The more it rains, the more umbrella sales go up.  The more miles you run on the treadmill, the more calories you burn.  When one variable increases, the other variable increases as well. Those are the easy examples.  You could have guessed them Read More 

The Traders Journal

The #1 Indicator Professionals Focus On

by Gatis Roze

A week doesn’t go by without some investor asking me “which one single indicator do you recommend above all others?” When I answer this question, the indicator I speak of is never the one they expect.  The most important indicator – the one that will determine the majority of your successes or failures – is you, the Investor Self.  As my fellow trader Ed says, “Sine qua non” (without which there is nothing).   So how do we define this indicator?  How do we learn to understand the Investor Self – to know what its strengths and weaknesses truly are? Read More 

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 

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