I’ve been organizing the monthly meetups with local SpikeTrade members since October. There’s nine of us from Estonia and one Latvian guy participating the meetups. It’s great to talk to other traders as you’ll get to see how others are approaching the markets; share ideas and tools. Yesterday I was doing presentation about my first […]
Today I sold. I got my reaction rally to get the latest SPY position adds off the table breakeven. Tho it’s a relief, let’s look at what went wrong and what I have learned. In late December, I wrote about my failed dollar cost averaging and how not to throw good money after bad. I […]
It’s definitely an interesting holiday season. Bitcoin is below $4000 from the peak of almost $20k a year ago; and the US stock market is tanking. I’m sure glad to be out of Bitcoin since Dec ’17. It reminds me the saying: “It’s better to be out of a trade wishing you were in it, […]
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 […]
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 […]
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