Categories
Book Reviews

Mark Douglas – Trading in the Zone – Review

Very popular and good book on trading psychology. I’ve listened to many Mark Douglas interviews on YouTube and he has other good books, too. Unfortunately, he passed away few years ago and is not around anymore. Trading in the Zone helps you to understand and think about the mental side of placing trades. It’s not […]

Categories
Charts

Cut losses quickly, let profits run

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 […]

Categories
Book Reviews

Edwin LeFevre – Reminiscences of a Stock Operator – Review

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 […]

Categories
Book Reviews

Dr. Alexander Elder – Entries and Exits – Review

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 […]

Categories
Blog

Meeting Dr. Elder and SpikeTrade members

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 […]