Tag: lessons

Trading journal template: Free Excel sheet and how to use it

A trading journal template is a spreadsheet with one row per trade: entry, stop, target, size, exit, the result in dollars and in R, and a few honest…

2024 might be my biggest learning year yet

Another year is over. It was my 8th trading year since I got back to the markets in 2017. As time goes by, it becomes harder to learn much new about…

I’m attacking the risk, not trying to avoid it

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…

Comparison makes market participants unhappy

Happy New Year! Absolute performance measures the annual returns of a portfolio, while relative performance compares it to a benchmark or some index…

Be bold with your profits

I don’t pick stocks, the stocks pick me

First off, I do not choose stocks based on fundamentals or narratives. It doesn’t matter which company is making money in my portfolio. Nor do I care…