X
Categories
Blog

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. Part of our human nature is to compare what we have or achieve to someone else be it a friend, neighbor, co-worker etc. We may be satisfied with our new car until […]

Categories
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 […]

Categories
Blog

I don’t take profits and losses, I exit

It is easy to get one’s mind clouded by thinking of profits and losses, money is important in our society. Amateurs often want to take profits and keep losses for obvious reasons of human nature. I think of trading being a game where I follow my entry, exit and risk management rules. The goal is […]

Categories
Charts

Cut losses quickly, let profits run

The title says it all. I had a winning trade and I didn’t let profits run. It’s a two-fold situation really. I had TGT in place and was away from the screens. The TGT was around 15% profit, not being too greedy to let the trade turn around against me. So I didn’t get all […]

This website uses cookies and collects visitors' data. By continuing to use the site, you agree to Privacy Policy

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close