Latest Blog Posts
What Does NFP Mean? The Non-Farm Payroll Report, Explained for Traders
Economics & News TradingNFP stands for Non-Farm Payroll. It is the monthly count of how many jobs the US economy added or lost, published by the US Bureau of Labor Statistics (BLS) in a report called the Employment Situation. It counts almost every paid job in the country, government jobs included, and leaves out farm workers, the self-employed and people employed by private households.
Book Summary: Fortune’s Formula by William Poundstone
Book SummariesFortune's Formula by William Poundstone: the Kelly Criterion, and How Traders Actually Use It
Last updated: 3 July 2026 · By Spencer Li, CFTeFortune's Formula by William Poundstone is the story of the Kelly criterion, a formula that tells…
Book Summary: Forex Price Action Scalping by Bob Volman
Book SummariesForex Price Action Scalping by Bob Volman: Book Summary and Review
Last updated: 3 July 2026 · By Spencer Li, CFTe"Forex Price Action Scalping" by Bob Volman is a practical, no-fluff manual for trading forex on very short timeframes using…
Book Summary: Following the Trend by Andreas Clenow
Book Summaries"Following the Trend" by Andreas Clenow: Book Summary, Key Ideas, and Who Should Read It
Last updated: 3 July 2026 · By Spencer Li, CFTe"Following the Trend: Diversified Managed Futures Trading" by Andreas Clenow is a practical guide to systematic…
Book Summary: Flash Boys: A Wall Street Revolt by Michael Lewis
Book SummariesFlash Boys by Michael Lewis: Summary, Key Ideas, and What Traders Can Learn
Last updated: 3 July 2026 · By Spencer Li, CFTe"Flash Boys: A Wall Street Revolt" is Michael Lewis's 2014 non-fiction book arguing that the US stock market is rigged…
Book Summary: Fibonacci and Gann Applications in Financial Markets by George MacLean
Book SummariesFibonacci and Gann Applications in Financial Markets by George MacLean: Book Review and Key Lessons
Last updated: 3 July 2026 · By Spencer Li, CFTe"Fibonacci and Gann Applications in Financial Markets" by George MacLean is a practical guide…
Book Summary: Fibonacci Analysis by Constance Brown
Book Summaries"Fibonacci Analysis" by Constance Brown is a comprehensive guide to understanding and utilizing Fibonacci ratios in technical analysis.The book delves into the history and origins of Fibonacci ratios and explains how they can be used…
Book Summary: Expert Advisor Programming by Andrew Young
Book SummariesExpert Advisor Programming by Andrew Young: Book Review and What It Teaches
Last updated: 3 July 2026 · By Spencer Li, CFTe"Expert Advisor Programming" by Andrew Young is a hands-on, beginner-friendly guide to building automated trading systems…
Book Summary: Evidence-Based Technical Analysis by David Aronson
Book SummariesEvidence-Based Technical Analysis by David Aronson: Summary and Key Lessons
Last updated: 3 July 2026 · By Spencer Li, CFTeEvidence-Based Technical Analysis by David Aronson is a 2006 book that applies the scientific method and statistical…

