Dr. Ken Long

About the Author: Dr. Ken Long retired from the Army as a Lieutenant Colonel and teaches at the U.S. Army Staff College. He is a proud father of three, a husband, teacher, student, martial artist and active trader.
 
Ken started investing in mutual funds in the 1990s but has grown over the last fifteen years into an outstanding big-picture thinker and tactical trader. He also instructs dynamic trading workshops for the Van Tharp Institute, including Adaptive Swing Trading, Day Trading Systems, and two video workshops covering swing trading and long-term core systems. He has evolved his strategies over the years and teaches his latest advancements in his workshops.
 
Ken is currently supervising several Masters theses this year on applying AI to military decision making.

The Coachable Moment: A Lesson on Self Coaching By, Ken Long

The following is a trader’s check-in report, submitted to me a few months back. Ken, two things – 1. There’s a good trading education opportunity I have become aware of. It costs $4k. Do you think it is worth it? Not only from a value and learning standpoint but also from the point of view of my trading development – is it a good idea for me to learn new stuff? Or should I keep focusing on making bricks in the usual way? 2. Monthly Check-In: You challenged me last […]

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The Trade Framing Process: Standard Questions for Preparing a Trade By, Ken Long

Trade Framing is our name for constructing a decision-support framework to trade symbols that are in a critical state. A Critical State is a moment when there is an abnormally large probability of: A larger-than-normal move, In either direction with a reasonable probability, In a Shorter-Than-Normal period of time, And where the “execution risk” is much smaller than the reasonably available gain, in both directions. When we find a critical state, we frame the trade in both directions by systematically answering the following standard questions: For a trade frame: What

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What is a Trading System? By, Van K. Tharp, PhD

A note to readers: While Dr. Tharp’s content is timeless, this article is from our newsletter archive and may contain outdated information, missing links or images. Traders often ask, “What exactly is a system?” In this article, we’ll go through some background information to help you understand what a system is outside of the context of trading. We will focus on clearly defining what a trading system is and then looking at the broader picture of your system—your trading plan. Finally, we’ll focus on some key elements in system development.

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Coaching for Performance On the Soccer Field and In the Trading Room By, Dr. Ken Long

A couple of weeks ago, I wrote a short essay about the principles of Instructional Coaching and how I use that framework to develop the courses I teach traders. The framework places a strong emphasis—a central emphasis—on learning by doing in small chunks with an additional emphasis on good, precise feedback on the small tasks that make up large skills. I experienced a learning moment this morning at a soccer camp, where I had to stop myself from overcoaching the young student campers. I needed to create space for my

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When Life Gives You Lemons…Teach Others By, Ken Long

When life gives you lemons, figure out how to make lemonade, then use Scale, Leverage, and Momentum to Innovate. Next, make an Artifact to lock in Innovation-That-Lasts, then Lather-Rinse-Repeat with Continuous Improvement. Finally, Teach Others in order to Learn More. COVID forced us to adapt the way we teach our Tortoise trading techniques. From long-term core investing, to intermediate-term swing trading to short-term day trading, and the hybrid trading approach which integrates them all in a master trading strategy. An “instructional coaching” approach when teaching our Tortoise style of trading

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Market Overview and Effective Intraday Trading – April 20, 2021 By, Ken Long

  This 45-minute video was Ken’s nightly market overview from Tuesday, April 20, 2021. Ken discussed the broad market action for the day and analyzed how various indexes, sectors, and select symbols performed. Ken reviewed a number of intraday trades and presented some interesting trade setups. As usual, he sprinkled valuable lessons throughout the podcast. On Tuesday evening, Ken spoke about active learning, volatility, and the task of applying standard patterns for effective trading.

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Strategies, Trade Evaluations, and Why Masterminds Work (VIDEO COLLECTION) by, Dr. Ken Long

Ken Long offers a perpetual wealth of resources to his students and others in the trading community. Ahead of his Spring workshops, we have compiled a selection of video highlights to illustrate his approach to the markets and to adult learning. NIGHTLY STRATEGY PODCAST: A typical podcast session, highlighting Ken's routine, analysis, and bar-by-bar case study practice. SWING PORTFOLIO SPEED-RUN: Ken analyzes 50 charts in 8 minutes! AAPL, CAT, MSFT and more! SUNDAY STRATEGY PODCAST: This sample podcast from March 14th shows Ken evaluating the trade frames provided by students

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Plan-PREPARE-Execute-ASSESS By, Dr. Ken Long

I teach a 4-step process of “Plan-Prepare-Execute-Assess” in order to systematically and continuously improve my adaptation to the market and trade effectively. Plan: A top-down procedure to identify tradable targets in the time frame I have chosen, or which chooses itself. My criteria: targets are tradable symbols that have evidence to support the hypothesis that they are in a “critical state.” I define a critical state as a moment when there is a larger-than-normal probability of a larger-than-normal directional move in a shorter-than-normal time frame and where the amount and

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Strategy, Preparation, and “Critical State Trading” (VIDEO) By, Ken Long

See Dr. Ken Long's processes in action in his nightly strategy podcast from Tuesday, March 16th. Ken discusses the trading day, his daily report, and introduces "Critical State Trading" — a standard approach to a day trading strategy he will be teaching in his upcoming Day Trading Systems course (starts April 1st).     https://youtu.be/MSurrlGL-2A

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Market Assessment and an Introduction to “True Storytelling” (VIDEO) Friday, March 5th, 2021 By, Ken Long

  In last weekend’s market review, Ken walks through his weekend report in typical thoroughness and understandability to assess the market overall and identify specific shorter-term trade opportunities. Ken also introduced students to the concept of “True Storytelling” which he uses to develop understandings of market conditions and build collaborative learning. Finally, he provided a sneak peek of his upcoming Foundations course which starts April 1st. Get a preview of Ken’s masterful teaching style in action! Register now and start your learning with the pre-course work today.

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