Volatility is good because it puts money to my bank account. Every timeframe has its own path of volatility, but without it stocks wouldn’t move. So volatility needs to be embraced and managed, not avoided. Once a trade is on, risk has been calculated, the stop loss and profit target are in place, then there’s […]
Tag: risk management
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Price makes news, not the other way around
The US stock market has been in a drawdown for almost 2 years since the start of 2022, when it made the last all-time high. There’s still a lot of interest in the markets among the general public, which shows people still have a lot of savings from the money supply bubble created by central […]
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When it’s time to buy, you don’t want to
The title originates from Walter Deemer who had a 52-year career as a market analyst in Wall Street. I haven’t read his books, but the quote gave me a few ideas to think about. The main point is probably tied to the fact that people don’t want to buy stocks when prices are falling and […]
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Life is poker, not chess
Wise words by Annie Duke, whose book “Thinking in Bets” I read and reviewed in the blog several years ago. What she means with this quote is that in poker we need to deal with lots of unknowns like cards we can’t see and players bluffing, but in chess all the information is available on […]
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Trends in S&P 500 and Bitcoin
Check out the video update. I talk about a trend change in S&P 500 and also look at the Bitcoin chart. It’s been over 7 months since my last video update, so tune in.