Accountability vs. Naivete
I've dealt with my fair share of losers both in the market and in life. At the end of the day I'm the one that made either the initial decision…
I've dealt with my fair share of losers both in the market and in life. At the end of the day I'm the one that made either the initial decision…
Wahoo! You have to love the price action this past week, especially if your trading involves options. Nice reminder of 2008 this week as my mind and body were completely…
I've seen some folks quote that as high as 80% of options expire worthless. It's nowhere near that level but when you are selling a program/system that focuses on selling…
We all have our ups and downs but it's those times when the downs appear to lack a bottom that can keep us from being a profitable trader. Just like…
Wow! Obviously the big question for next week is whether or not the S&P downgrade is fully priced in or if we had some front-running this past week of a…
The recent market action has no doubt raised concerns for many and perhaps brought about flashbacks of 2008 for some. It's times like these where seasonality, mean reversion, short-term indicators,…
This past July I was asked to record a few quick videos about the market for the fine folks at the MoneyShow (aka Trader's Expo). Here is one of those…
They're back! It's been a long while since I've collected and shared psychology related links and a few of you have prodded me over the weeks to bring them back…
Trading is like any other skills based activity in that it takes time and practice to become proficient. There are no short-cuts, at least none that lead to longevity in…
July was one of those cycles that served as a gentle reminder of why I trade the way I do. Most people would never take a trade where they risk…