Categories
Charts

Be bold with your profits

People enjoy taking profits so much. It just feels so good to lock in that gain. You feel like a genius and you can tell everyone that you made money in the stock market. This can be a bad, bad behavior. Realizing winners too early is one of the main reasons traders don’t become profitable […]

Categories
Book Reviews

Gary Antonacci – Dual Momentum Investing – Review

I added this book to my reading list when I got involved in relative strength and trend following trading systems. I had heard the author speak on podcasts and his approach to momentum investing caught my attention. Momentum is price persistence to keep moving in its direction but is sometimes also referred to as short-term […]

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Blog

I don’t pick stocks, the stocks pick me

First off, I do not choose stocks based on fundamentals or narratives. It doesn’t matter which company is making money in my portfolio. Nor do I care about the reason why it’s happening. The only reasons for my portfolio to make money are the share price going either up or down, and wins being larger […]

Categories
Book Reviews

Jack D. Schwager – Unknown Market Wizards – Review

Jack’s Market Wizards series are the most mentioned trading books in the industry. I have read and reviewed his four other books in my blog. I’m excited to write that after 8 years since the last one, the Unknown Market Wizards was published in 2020. As the title goes, this one is about solo traders […]

Categories
Charts

Every trading strategy has drawdowns

Not that I hadn’t learned about it before, but getting more practice day by day, living through the ups and downs makes me realize even better why trading is hard. Professionals don’t just rake in profits, they also need to take risks that often result in expected losses along the way. In fact, one’s trading […]