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Charts

Technicals often precede fundamentals

It is something I was taught by Dr. Alexander Elder already at the beginning of my trading journey, but I have realized it even more along the way based on my personal experience. A single example in trading doesn’t mean very much as it can often include market noise and randomness. However, these recent examples […]

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Charts

Be bold with your profits

People enjoy taking profits so much. It just feels so good to lock in that gain. You feel like a genius and you can tell everyone that you made money in the stock market. This can be a bad, bad behavior. Realizing winners too early is one of the main reasons traders don’t become profitable […]

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Charts

It is OK to be wrong, it is not OK to stay wrong

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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Charts

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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Charts

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 […]

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