Risk vs. Uncertainty
Risk: A state of uncertainty where some of the possibilities involve a loss. Uncertainty: The existence of more than one possibility. The "true" outcome is not known. Trading is about…
Risk Is A Necessary Evil
We all have our own horror stories of the financial crisis and no doubt have heard countless iterations of others' woes. Fear causes us to do some dumb things, no…
Managing Risk
Over the years I've been fortunate enough to get to know thousands of market participants. Some are long-term investors others are scalping pennies per trade on thousands of shares while…
Lever Up!
Every one of the top 10 ETFs ranked by trade volume via percent change for July were leveraged vehicles. Disturbing trend to me. Options are already perceived as a "gamble"…
Managing Risk
Over the years I've been fortunate enough to get to know thousands of market participants. Some are long-term investors others are scalping pennies per trade on thousands of shares while…