Unpacking the Markets -- Market Recap #24: Global Gains colmmurphy.substack.com/p/market-recap…

It’s better to be flat than out of position. The market will mercilessly take your money on a good day. If your position doesn’t exactly meet your market view or trading strategy, then don’t put it on. There will always be another trade. #trading

Understanding and setting free capital is the cornerstone of risk management for new traders Free capital isn’t just the money in your trading account—it's the amount you’re willing to lose. Most new traders make the mistake of risking 100% of their capital. Don't.

Your trading approach needs to fit somewhere in your lifestyle. There's a temptation to jump all in when you start trading and chase the latest “millionaire intra-minute day trading course.” Don’t. Instead, plan where it’s going to fit into your life and how much time you

Friendly reminder as we head into a big non-farm payrolls next week.. Macro drives price in FX, not technicals. Don’t get me wrong, I think technical analysis is great. Trends and reversion to the mean are two irrefutable tendencies in all markets. I also believe, trend

Real privilege to be on The Day Trading Show with Austin Silver. We get into everything from mentors to risk management, how I build trade ideas and how to avoid many of the costly mistakes I've made along my trading journey! Happy trading. Colm youtu.be/DPake7yLnMg?si…

Every trader needs their own trading process. It's doesn't need to be complex. But it needs to be: 1) Structured; 2) Grounded in trading strategies that have been proven to work overtime 3) Complete, i.e., all scenarios that could happen, should be planned for "Oh, you're so

Trading for Necessity. The most interesting perspective from my podcast with Travis Woo. Travis noted that some of his best trades were out of necessity. For example, we had massive QE during COVID which drove significant inflation. When this QE was announced, the potential

The good, the bad, and the journey to posting 60% returns in 6 months. Neville Hornsey and I tackle the biggest challenge you will face as a trader. Finding and implementing your edge. (Well also surviving long enough to do so!) Like many traders, Neville began on the road to

The "best" path to success in trading: There isn't one. This may seem disheartening, but actually, it's quite empowering. The market doesn't care about your background or formal education. In fact, it doesn't care about you at all. But there are some commonalities

I've always had my views on the limitations on technical analysis (TA). So I sat down with an award-winning TA legend to set the record straight. Alex Spiroglou | S.M.A.R.T. Trader Systems Ltd, UK is not only a world-renowned technical analyst, he has also been a cross asset futures trader for +25 years. For

Another week, another interview with a trading legend. This week, Alan Dickinson tells the story of 50 years trading the markets. From becoming the first individual to buy his seat at the London International Financial Futures Exchange as a pit trader, to running one of

Systematic trading takes most of the emotion out of trading. Emotions down, PnL up: This week I sat down with industry veteran Tim Fortier to talk systematic trading and how Tim designs trading systems that outperform benchmark indices. With over 30 years of experience in fund

When Mark Anderson lost his job during COVID, he chose a different path: He turned his full attention to options trading. No Wall Street background. No seed capital. Just a deep understanding of risk, relentless iteration, and a thesis he believed in. Today, Mark runs a

I'm not one for controversy, BUT: "The best trader in the world?" Kent Bray's story (ex-trader with Gary Stevenson) will blow you away. I recently sat down with Kent Bray – 18-year FX veteran at Citibank, ex-Harlequins player and coach, and ex-colleague of the now-famous Gary

Are we witnessing the end of US stock market dominance? I sat down with 🧠 David to unpack what's happening beneath the noise. While the headlines scream doom, David’s take is more nuanced: US equities are still the strongest structural bet globally — but the regime is

Michael Taylor (Michael Taylor) took out a £25,000 loan to trade full-time. He went "all-in" on trading and very nearly lost it all multiple times: Today, he's a hugely successful full-time trader. And, one of the leading authorities on UK stock trading. Not only that, he