Most people who get into trading, do so because they want to get rich. Maybe it’s because they want to take coals that life has dealt them and turn them into diamonds, or perhaps they received a $100k from a loved one that passed away, and they feel propelled to [...]

I found these rules of trading dating back to 1688 by a guy named Joseph de la Vega. His rules for trading is still, very applicable to today’s trading environment – heck, probably more relevant than ever before. Enjoy…. Penso presented the history of speculation in stocks and acquainted the reader [...]

When you are in a trade, regardless if it is going in your favor or not, ask yourself this question: Are you in it for this trade only or are you in it for what your portfolio will be worth at the end of the year? In my previous post, [...]

I’ve done a number of posts in the past two weeks on a myriad of trading topics. I’m not going to do one today, but instead want to provide you with the links to review some of my recent posts, which is my attempt to reshape and rethink the approach [...]

I recently saw the movie, “Moneyball”, which starred Brad Pitt playing the roll of Billy Beane (General Manager of the Oakland A’s). I must say it was one of the best movies I have seen in years. And there wasn’t even anything that belew up during the two-hour movie. Nonetheless, [...]

When you get hands wrapped around the exit latch, and can rid yourself of a position in the market that is a like a cancer to your portfolio, why doesn’t one do it? I’ve pondered this question quite a bit. Probably because on August 15th, when the S&P was sitting [...]

Frustrated? Yes! Disgusted? Absolutely! In denial? Perhaps just a bit. I had looked at the chart of the SPY, SDS, SSO, UPRO, the stars in the sky, and glued to the news for political developments over seas. The market was getting ready to close on Friday, and it had undoubtedly [...]

So if there was good to come out of the month of August, there was definitely a few things worth highlighting….for one, I’ve always been a crummy bowler, but needing an avenue to vent some of my frustrations that I was experiencing with the market, I found myself taking a [...]

It was late in the middle of the night on August 9th, 2011, the whole Mallory clan had been fast asleep, except for me of course. I was up pacing across the living room of my house. Tired and weary, but unable to get my mind off the markets, and [...]

For the great majority of traders and investors out there, trading in these turbulent times have been difficult and taxing on the mind and body. I consider this market, much more difficult than anything I've traded in recent memory - even 2008. The reason being is there is absolutely no [...]

It's important to have a set of rules that you trade by. That doesn't mean that you follow them each and every time, because no stock and no trade is the same. As a result, some flexibility is required, but overall, you should have good set of rules when trading [...]