“One thing I have learned over time is the best thing to do is let market price action guide your decision-making and then try to understand the fundamentals as they become more evident and comprehensible.” Paul Tudor Jones (May 2020) I’m a technical trader. My decision to buy or sell a financial asset relies on […]
Author: Markus
Kevin Davey is a professional systematic trader with over 25 years of experience. He has achieved triple-digit annual returns in three World Cup of Futures Trading Championships. He won the competition in 2006, and got 2nd place in 2005 and 2007. I have listened to him speak on many podcasts. Kevin is a respected trading […]
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 […]
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 […]
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 […]