Tag: risk

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…

Andreas F. Clenow – Following the Trend – Review

I recently read and reviewed “ Stocks on the Move ” (2015), which is another book from the author. This one is not so much about stocks, but more…

I have taken more chips off the table

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…

Burton G. Malkiel – A Random Walk Down Wall Street – Review

A popular investing book that I received for speaking about my trading at a live event. The book was first published in 1973 but has been revised and…

Tom Basso – Successful Traders Size Their Positions – Review

Beginning traders often underestimate the importance of position sizing. However, besides stop placement it makes a huge difference for risk…