The title says it all. I had a winning trade and I didn’t let profits run. It’s a two-fold situation really. I had TGT in place and was away from the screens. The TGT was around 15% profit, not being too greedy to let the trade turn around against me. So I didn’t get all […]
This book is one of the classics first published in 1923. It is recommended by so many traders over the Internet and podcasts. A trader from California told me to read this at least ten times cause I’ll get new insights each time. I have read it just once for now but I might get […]
Since I’ve been following Dr. Elder’s work closely, I got one of his books from the library, Entries & Exits – Visits to sixteen trading rooms. There are many interesting traders interviewed in this book including Gerald Appel, the inventor of one of the most popular indicators MACD; Kerry Lovvorn, the co-founder of SpikeTrade. It […]
Yesterday I had the honor to meet Dr. Alexander Elder in person. I’ve been following him on SpikeTrade and studied lots of his materials. He was in Estonia to teach a class and we got together with other local members for some chat and a dinner. We decided to start local monthly meetups with the […]
So far no trades had kept me awake at night until this one. It wasn’t about the trade setup, news or anything on the chart.. it was about risk size. Because NFLX had a similar drop just before FB on similar reasons (less user growth) but spiked back up quickly on the same day leaving […]
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