Some background on Charles H. Dow (of Dow Jones & Co. fame) in an article by Tim Wood. Tim is a guy who appears regularly on the Financial Sense Newshour broadcasts and has spent a lot of time studying Dow Theory and stock market cycles. In, "Who was Charles H. Dow?", Tim gives us a bit of background on a man who helped shape financial journalism and whose writings on market movements formed the basis of what came to be known as "Dow's Theory". Good info for us youngsters.
Trading wisdom recap: Steve Clark , founder of Omni Partners, was featured in Jack Schwager's 2012 book, Hedge Fund Market Wizards . Clark's interview with Schwager provided us with some valuable trading insights; "Lessons from Hedge Fund Market Wizards: Steve Clark" was one of our most popular posts ever. If I had to pick my favorite sections from Clark's chapter, it would be boiled down to these two concepts: "Do more of what works (and less of what doesn't work)" and "Manage your equity curve". Here's his full quote on the supreme importance of growing your equity curve : "Your job as a trader is to make the line of your equity curve go from bottom left to top right. That's it. Don't get hung up on other supposed "mandates". Protect your capital and the direction of that equity line. " I will leave you with one last series of quotes from Steve Clark's interview with Jack Schwager. ...