The optimistic US stock market at all-time-highs has started to concern many and I’ve been asked how one should prepare for the possible downturn. There is no single indicator nor holy grail to let us know about a bull or bear market, but I’ve found price to be the most reliable indicator when it comes […]
Category: Charts
2020 was indeed a very interesting year in the stock market: markets in turmoil in March like the world was going to end, yolo calls by Robinhooders in April, the market recovering in summer, US presidential election, and many parabolic moves at the end of the year (TSLA and Bitcoin to me personally). It was […]
In my last post I wrote about a couple of shorts to hedge my long exposure in the market. Here I will show the charts. It’s useful to go back and review trades after a while, studying the entry and exit in the middle of the chart is a much better way to learn than […]
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The data for any decision is infinite
Crazy times in the world, huh? A year ago today, I was flying to NYC to meet other traders and attend a trading workshop. Can’t imagine that opportunity right now. However, something has stuck with me ever since. When I was on the plane, I was listening to a podcast that played an excerpt of […]
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The best loser is the long-term winner
Winning is easy, losing is hard. In school and sports we are taught to be winners. In trading we need to learn to lose. Amateurs like to take quick profits cause it feels good, they hold on to losing positions cause having it on paper doesn’t feel as bad as actually taking it. Pros do […]