Trading Rules

Using Stop Losses: A Key Strategy for Portfolio Protection Understanding Stop-Losses in Trading Using stop losses is one of the most important elements of trading if not the most important. However, this is the most often overlooked aspect of trading and investing. Egos and pride often are at the root of this problem and the consequences

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 gamble it away in the

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 with the sophisticatedfinancialinstruments used. The

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, entitled, “Finding the Stock Market’s

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 of how we trade in

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, that movie was riviting, and

I want to continue on the article I published last week on Eliminating “Hope” from your trading. One way to do that is by identifying the key market stressors in your trading style and how they affect you personally in how you approach the market. Because Hope, as great and wonderful that word sounds, is

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 at 1204, I had gone

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 been a long week,

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 break around lunch time and