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Stock price and nothing else

“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 […]

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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 […]

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All stocks are bad unless they go up in price

This is a quote from William O’Neil, a market veteran whose bestselling book I recently read. I’m going to publish a review of the book soon. But the title says it all about my approach to trading. If a stock has momentum and is going up, I want to be onboard until it lasts. I […]

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Is trading art or science?

I’ve been writing book reviews and less about my own trading in recent times. Though 2020 has been good to me in regard to trading, I’m not overly excited about this. It just shows my strategies have been well in sync with the market and also hard work has started to pay off. I have […]

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I don’t take profits and losses, I exit

It is easy to get one’s mind clouded by thinking of profits and losses, money is important in our society. Amateurs often want to take profits and keep losses for obvious reasons of human nature. I think of trading being a game where I follow my entry, exit and risk management rules. The goal is […]