Categories
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 […]

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Book Reviews

Van K. Tharp – Trade Your Way to Financial Freedom – Review

First edition of the book was published in 1999, this one is the second edition and was published in 2007. In a quite long foreword already there are several good points about trading. Van Tharp tells how everyone trades his or her beliefs about the market and how his beliefs have changed over the course […]

Categories
Book Reviews

Adam Grimes – The Art and Science of Technical Analysis – Review

Published in 2012 by a discretionary trader Adam Grimes, this book is all about the basics and logic about technical analysis in financial trading, why and how it works. Some say technical analysis works because everyone looks at the charts and anticipates the same way but Grimes goes back to the Dow chart of 1929 […]

Categories
Book Reviews

Jack D. Schwager – Market Wizards – Review

The Market Wizards series from Jack D. Schwager is classics. Out of 100 episodes of trading podcasts I’ve listened to, in half of them these books have been mentioned. Just because of its popularity I guess you need to read them if you want to be serious about trading. His first book was released in […]

Categories
Charts

Always use the same risk size

So far no trades had kept me awake at night until this one. It wasn’t about the trade setup, news or anything on the chart.. it was about risk size. Because NFLX had a similar drop just before FB on similar reasons (less user growth) but spiked back up quickly on the same day leaving […]