Like Trader Interviews, these popular trading blogs are worth checking out and adding to your RSS feed reader or list of sites you check each day. Most of these are popular - others don't get nearly the attention they deserve! There's probably another post I should do that features 10 trading blogs that you aren't reading but should - stay tuned for that one.
But for now, here are a few traders whom I read each day. These are not in any particular order (even though they are numbered). Like everything else, what you're looking for is the "one takeaway" you use in your own trading. And these traders have some great thoughts in nearly every post that can help you make better trading decisions.
Have I missed any? Be sure to post your favorite blogs in the comments below.
1) Don Miller's Trading Journal (http://donmillerjournal.blogspot.com/)
Reading Don's daily posts is like watching, in real-time, the evolution of a highly successful trader. Don not only talks about his great trades, but also discusses the days he feels he did badly and why he thinks he wasn't on top of his game. Part philosopher and part CEO of his own trading account, Don's frank talk about his ability to make his living in the markets is a daily treat.
2) Trade the Picture (http://www.tradethepicture.com)
Mr. Volatility, as he calls himself, is a mix of broad market commentary and more short-term trading information. A recent insightful post on the VIX caught my attention and I've been reading through the archives this past week.
3) Corey Rosenbloom's Afraid to Trade (http://blog.afraidtotrade.com/)
Talk about nuts and bolts! Each day Corey discusses his thoughts on the markets and shows details on the charts he is watching. He also does a great job of combining big picture charts and short-term charts to show readers why he thinks the markets are headed in a certain direction. Don't let his "youthful" appearance fool you! Great stuff.
4) Brett Steenbarger's TraderFeed (http://traderfeed.blogspot.com/)
Brett's primary emphasis is on trader psychology, but his blog offers so much more. Brett offers real-world examples of trading strategies and chart-reading tips that anyone can use to get a better feel for market momentum and price action.
5) Moaxian (http://maoxian.com/)
I feel like I'm walking into a terrific Chinese restaurant when I enter this blog - you know you're about to have a great experience even if you don't always understand the language. The consistency and quality of the Moaxian posts are fantastic and offer tremendous detail on trading opportunities. Sometimes I find myself having to read a post again to make sure I understand the lesson, but it's always worth the extra time.
6) Alan Farley's Hard Right Edge (http://hardrightedge.com/daily/)
I've known Alan for many years and he is the real deal. Back when I was just getting started in trading in 1997, Alan came and spoke to my small trading group and had everyone riveted for several hours. His book is one of the best out there for traders and his daily market postings are chock full of trading ideas for the day.
7) Trader Mike (http://www.tradermike.net)
Trader Mike has alerted me to a few trades in the past month that if I hadn't been reading his stuff would have passed me right by. His archives go back to 2003, making him one of the veterans of trading blogs. His market recaps are great because, unlike some sites that just tell you what happened, Mike goes into the charts and offers an explanation of why it happened and what may happen next.
8) Dave Mabe's StockTickr (http://blog.stocktickr.com/)
While Dave doesn't post that often (c'mon Dave we want more!), Dave's posts are insightful and relevant for any short-term trader. He also features text interviews with other traders who discuss their trading styles. The great thing about Dave's blog is that he links to a lot of other resources in his posts, alerting you to other websites and services you may not know exist.
9) Traderam (http://traderam.blogspot.com/)
I'm not sure if this is Trader AM or Trade Ram. What I do know is that this trader features some great candlestick charts and shows you exactly what he's looking at on a daily basis. If you're looking to improve your candlestick chart reading skills, follow along and see how this trader reads them and profits.
10) Wall St. Warrior (http://traderjamie.blogspot.com/)
Jamie and Jim, the two trader/contributors to this blog, do an excellent job of highlighting trading opportunities from a technical perspective. Trendlines seem to be their main focus, and a mix of overall market charts with technical reads on individual stocks and ETFs. A terrific place to find trading ideas if you're coming up blank.
I'm sure I missed some great ones -
contact me with other recommendations!
Listen in as successful traders talk about their methods and tricks
