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Tag: Trading Psychology

Guest Post by Trader Stewie: Using Smaller Timeframes to Unlock Hidden Patterns

This guest post was adapted from a private, members-only update that Trader Stewie from the Art of Trading shared with his subscribers. This is his perspective on using multiple timeframes to identify trends that you might otherwise miss, specifically why dropping down into shorter timeframe charts can help expose interest and actionable patterns and trading opportunities.

For those of you who are new to Trader Stewie, he has been trading for since 2009 and has a well-earned reputation for being a foremost expert technical analyst. In addition to running the Art of Trading, he also writes a blog called The Impatient Trader and is a prolific Twitter user. When Stewie isn’t trading, he can usually be found in the kitchen cooking up something delicious looking!

Why Eyeballing Charts for Trend Lines is Disadvantageous

One of our ads has a headline that basically says: “Humans suck at drawing trend lines.” And this ad in particular has caused a bit of a stir on social media, so we thought that it would make sense to provide some more elaboration on what we mean. Here it is:

Humans Suck At Drawing Trend Lines. 

Yup. We meant what we said in the ad. In this post we want to explain why.