I’m enjoying this view while writing these lines here… I like trading because it’s challenging, intellectually educative and offers great opportunities to make money. Of course, it can also be stressful and lose money. But that’s the fun of it! It’s a highly competitive field, where the strongest survive and thrive. Don’t be mislead by […]
Tag: drawdowns
Price makes news, not the other way around
The US stock market has been in a drawdown for almost 2 years since the start of 2022, when it made the last all-time high. There’s still a lot of interest in the markets among the general public, which shows people still have a lot of savings from the money supply bubble created by central […]
Happy New Year! The stock market is not a friendly place, where everyone is guaranteed to make money by having exposure in securities. It’s a highly competitive field, where the strongest survive. It’s a place, where dreams are crushed and hope can be lost. That’s why it takes mental fortitude and rigid risk management to […]
Market update and drawdowns
I was feeling creative and recorded a video update about the current thoughts. Hope you enjoy this format!
The title is a quote I heard from Tom Basso, a semi-retired trader featured in “The New Market Wizards” book that was published in 1992. According to his idea, risk is something you can’t get away from if you want to earn excess returns. No matter how much you try to optimize the entry / […]