Tag: losses

Once you learn the skill, noone can take it from you

Trading is hard. But it’s not something we think about much at first, because many books and videos leave the impression that it can be quite easy…

Drawdowns are like scars showing that we have survived

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…

Placing trades should be boring

I remember listening to traders speak on podcasts about trading having finally clicked to them, and being in a starting phase during my first six…

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…

Be bold with your profits

Brent Penfold – The Universal Principles of Successful Trading – Review

I hadn’t come across Brent Penfold’s work until I heard him speak on a podcast. His content felt professional and was enjoyable to listen to. It felt…