Money Management Lessons from Kenny Rogers’ The Gambler
Charlie Goodman ranked money management first and method last. Lessons from The Gambler: stay in the game, keep winners, cut losers.
5 Jul 2025 · 4 min read
The blog
Notes from the house of Goodman
Chart studies, market notes and Charlie Goodman stories from Michael Duane Archer.
Common Sense 2: The Due Diligence Affair
A 1970s Colorado penny stock boom, a wireless-power pitch and Charlie Goodman's common-sense verdict. A due diligence story with a lesson for every investor.
29 Jun 2025 · 4 min read
The Goodman Smoothie: A Mini-Lesson on the Goodman Method
Why is it called the Goodman Smoothie? A mini-lesson on how the Goodman Method moves from the general to the specific, qualified by overlays, down to a trade.
29 Jun 2025 · 2 min read
Time Hash: A Goodman Method of Trading Mini-Lesson
Price between A and B after a Jumbo and 1-2 is Time Hash: ignore it. A Goodman Method of Trading mini-lesson on patience and 'What do I see…
29 Jun 2025 · 3 min read
Cotton Futures: Low-In-The-Saddle Molokai and a Wall
Cotton futures: a promising Low-In-The-Saddle Molokai, an ugly Weak Sister, and a Wall at 1-Hour. The long-term Return near 84 cents is the objective.
21 Jun 2025 · 2 min read
Silver Price Forecast: $150–$175 Target and the Molokai Nest
Silver on three time-frames: a 5-Hour Molokai, a 30-Minute Molokai-Molokai Nest and a 1-Day Setup, with Michael Archer's $150-$175 outlook.
20 Jun 2025 · 3 min read
The Windfall Profit: When to Take It and Run
When news sends a trade most of the way to target soon after entry, Goodman traders may go off the book. Michael Archer on the Windfall Profit and…
20 Jun 2025 · 2 min read
The CFTC Audit: A Managed Account Business in 1989
In 1989 three CFTC auditors camped in Michael Archer's office for a month. A true story of managed accounts, a No Action letter and the cost of compliance.
20 Jun 2025 · 5 min read
Old AI vs New AI: Jonathan’s Wave Expert System
Before today's AI craze, Michael Archer built Jonathan's Wave, a 1980s expert system for commodities based on Goodman's Market Environment. Here is the story.
19 Jun 2025 · 4 min read
The Holy Grail: A Never-Ending Quest for the Perfect System
Ninety percent a month? Twenty-six trades without a loss? Michael Archer on the trading Holy Grail, and the box of Gann charts a widow mailed him from Missouri.
19 Jun 2025 · 4 min read
The list
One letter, when there is something to say
Charlie wrote to his students. We do the same: a new plate, a chart worth looking at, a note when a book is finished. No schedule, no sequence, no selling to you every Tuesday. Leave when you like.
We keep the list ourselves. It is never sold, rented or shared.