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

How You Know You Are Part of Our Investor Club

by Gatis Roze

Groucho Marx first said it and Woody Allen repeated the famous line “I’d never join a club that would allow a person like me to become a member.”  As an independent trader, I’m part of an informal loose-knit group of investors who do what I do, tend to think like I think and possess many of the same traders’ “ticks” as I possess.  We are a circle of friends who don’t commingle funds but who touch base regularly, encourage one another emotionally and share investment ideas.  Being a trader can be a solitary discipline and one must consciously make an effort not to become Read More 

The Traders Journal

Charts I'm Stalking: Action Practice #9

by Gatis Roze

The Seasonality Action Practice blog from December 16, 2016 is about the two most impactful decisions you can make as an investor.  Academics have produced stacks of papers confirming that your asset allocation decisions have immense consequences that flow directly to your bottom line.  I maintain it’s the second most important investment decision you can make.   The most important decision is making a commitment to actively and regularly rebalancing your asset classes.  That’s where seasonality comes in by putting the probability winds at your Read More 

The Traders Journal

New Year's Resolutions for Investors

by Gatis Roze

Babylonians did it.  Ancient Romans did it.  Medieval knights pledged the “peacock vow” each New Year as their promise of chivalry.  Reflecting upon the previous year’s efforts and seeking ways for self-improvement in the coming year has been a common ritual for millenniums because our human nature drives us to be better next year than we were this year.   For investors, the motivations are far wider than your average citizen because self-improvement leads directly to greater financial rewards in addition to all the normal benefits.  According to Read More 

The Traders Journal

Ten Holiday Vacation Lessons from This Trader's Experience

by Gatis Roze

At this time of year, it’s one distraction wave after another.  Admit it.  Your investing efforts take a back seat to shopping, socializing, decorating, drinking and feasting. Just pick your poison.  In addition, many of you head off to warmer climates, as you should.  As an investor or trader, how do you approach these seasonal holidays and travel challenges?  The markets don’t close when you go to the Caribbean.  They do not  tolerate inattention or loss of focus, not even accidental lapses. Now, I’m not advocating that Read More 

The Traders Journal

Charts I'm Stalking Action Practice #8

by Gatis Roze

You can’t download stock market wisdom.  You have to experience it firsthand and practice it.  In a nutshell, that is precisely what these Action Practice blogs every two weeks are all about.   The previous Action Practice (#7) presents a tool for uncovering individual investors’ tolerances for risks and rewards.  The exercise was intended to identify the personal balance between fear and greed with which investors participate in the market.  The response was so positive and encouraging that I actually wrote an entire blog last week to dive into the material in Read More 

The Traders Journal

A Tool to Uncover Your Personal Risk / Reward Profile

by Gatis Roze

Far too many investors get it wrong, and perhaps no other group more so than the Millennials.  In a recent cover page article on the investing habits of the Millennial generation, IBD reported that Index ETFs are the investment vehicles of choice for these 19 -35 year olds.  I maintain that this is foolish and simply the result of the young investors not being aware of the powerful decision tools that are available to them. I have personally discovered that the sweet spot with investing is to have a truly accurate understanding of your own tolerance for the markets’ inevitable Read More 

The Traders Journal

Charts I'm Stalking: Action Practice #7

by Gatis Roze

I’ve analyzed over one million charts.  That’s not  bravado, just math.  A hundred to two hundred charts a day (most days) for over 25 years, and that’s the number you reach.  I share this because chart reading practice has indeed allowed me to train my eye in such a away that it allows me to wring an astonishing amount of information from a one-page chart.  Cultivating these skills is what this bi-weekly “Action Practice” blog is all about. For those of you who might have stumbled upon this as your first exposure to these “action practice” Read More 

The Traders Journal

Investment Quotes for All of Us

by Gatis Roze

As we celebrate this season of Thanksgiving, I want to acknowledge a few favorite quotes that are embedded with special wisdom for investors. “Everything is worth what its purchaser will pay for it.”  — Publilius Syrus (1st century BC) “Don’t try to buy at the bottom and sell at the top.  It can’t be done except by liars.” — Bernard Baruch (1870 - 1965) “A stock does not know that you own it.” — Peter Lynch, One Up on Wall Street “Never let yesterday use up too much of today.”  — Will Rogers “Ninety percent of the people in the stock Read More 

The Traders Journal

Investors: Look Here for the Attributes and Skills You Must Have

by Gatis Roze

As an individual investor, what you bring to the table in the way of intellectual, emotional and behavioral skills will determine whether you succeed or fail.  This is hardly a breakthrough revelation, but it needs to be said nonetheless.  It’s been my experience that great investors are not born.  For the most part, they are average people who simply make a personal commitment to teach themselves the most appropriate skill set.   Investors Business Daily (IBD) acknowledges this by its regular features about individuals who have excelled in one sphere or Read More 

The Traders Journal

Charts I'm Stalking: Action Practice #6

by Gatis Roze

Yes, I’ve profited handsomely for years by trading on the coattails of top  mutual funds when they report their new holdings each quarter.  Yes, this is precisely why so many of you download the Tensile Trading ChartPack each quarter because we make it super easy for you to coattail along as well. https://store.stockcharts.com/collections/stockcharts-com-chartpacks/products/tensile-trading-chartpack-by-gatis-roze No, you don’t make these profits without some independent thinking, research and comparisons on your part.   Okay, so we Read More 

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