I got back from my trip to NYC to attend a workshop by Dr. Alexander Elder and Kerry Lovvorn. It was fun. First night we gathered at Dr. Elder’s apartment near Manhattan, a short walk from my hotel. I met other traders from around the world, cigars on the balcony and off we went to […]
Wow! This book taught me how my body chemistry works, how my brain and body communicate and what’s happening around this when I am taking risks. The Hour Between Dog and Wolf is a great masterpiece about neurobiology that made so much sense to me after realizing why I had lost my appetite and sleep […]
The book begins with trading cycles, time, volume, markets in general. Alan Farley writes about cross-market analysis, how markets react, correlate and how to use it in your own trading. The author covers most of the classical charting and technical analysis topics and indicators, like candlesticks, support-resistance, moving averages, Bollinger bands, convergence-divergence, dow theory, the […]
The Market Wizards series from Jack D. Schwager is classics. Out of 100 episodes of trading podcasts I’ve listened to, in half of them these books have been mentioned. Just because of its popularity I guess you need to read them if you want to be serious about trading. His first book was released in […]
Just take the loss while it’s small. You will preserve your financial capital as well as your emotional capital. Yes, there is emotional capital that we give away while we’re stressed with a trade. What I’ve come to realize is that all professional traders take losses, even the most successful ones. What separates them from […]
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