I made my first trade in commodities in September of 1973.
That summer, I began studying the markets with Charles B.
Goodman — the originator of Goodman Wave Theory.
We were tracking a Double Intersection in Silver when a Molokai
setup formed. When the signal came, Charlie leaned over and said:
"Let's go, dad."
I bought two contracts at $2.78. We scaled, re-entered, and rode
the structure to nearly $6. That trade didn't just make money —
it defined everything that followed. Plans for a Ph.D. in
Philosophy ended there.
I studied with Goodman until 1984, speaking daily — even across
continents — refining structure and understanding.
Back in Colorado, I built a managed account business producing
48% annual returns with low risk parameters. In the early 1990s,
I stepped away and traveled across Canada with my family.
Later, I built software companies before returning to trading
through FOREX. I authored multiple books with John Wiley & Sons
and lectured on AI and markets internationally.
From 2002 onward, I mentored traders and ran the Goodman Trading
Room from 2006 to 2014.
The Goodman Codex captures the full body of that work.
The Playbook distills it — one setup, executed correctly.
"If you walk around the block enough times, you will eventually
see in everyone's window."
The market does not reward intelligence. It rewards clarity.
It rewards patience. It rewards the ability to see what is
actually there.
Mentorship and consulting are offered for a limited time.
Good Trading,
Michael Duane Archer