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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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Blog

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 about the reason why it’s happening. The only reasons for my portfolio to make money are the share price going either up or down, and wins being larger […]

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Charts

Every trading strategy has drawdowns

Not that I hadn’t learned about it before, but getting more practice day by day, living through the ups and downs makes me realize even better why trading is hard. Professionals don’t just rake in profits, they also need to take risks that often result in expected losses along the way. In fact, one’s trading […]

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Charts

Trading into earnings is a crapshoot

Many professional traders I’ve been following like Kerry Lovvorn, Alexander Elder, Alan Farley to name a few, have said that holding trades into earnings announcement was a random endeavor. But we often see how earnings announcements make stocks move and seem to create opportunities. It depends much on the strategy itself and what the perspective […]

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Charts

A bubble is a bull market you are not participating in

2020 was indeed a very interesting year in the stock market: markets in turmoil in March like the world was going to end, yolo calls by Robinhooders in April, the market recovering in summer, US presidential election, and many parabolic moves at the end of the year (TSLA and Bitcoin to me personally). It was […]