Stopping for Back Testing

I closed all my positions and am pausing my trading.  I will begin trading again shortly after back testing my strategies.

Recommended Podcast: Mind Over Emotion

Here is a free podcast called Mind Over Emotion.  It is about the psychological aspects of trading, hosted by Abdel Ibrahim from RatioTrading.com.  The interviews he does with fellow Continue reading

Losses Hurt More Than You May Think

There is the old trading cliche, “Cut your losses quick, and let your profits run!” This is some pretty straight forward and sound advice. A little beneath the surface though, there is Continue reading

Monthly Update: June 2011

It is the 1st of a new month, time for a trading recap. June was a pretty slow month for me.  I closed 7 positions, all losers.   None of the trades were really out of the ordinary.  All Continue reading

What is a R-Multiple?

In my first trading update I posted a plot of R-multiples for my past trades.  In my trading journal and animated trades I always show my results in R-multiples.   If you were wondering Continue reading

Videos: Mind Over Market

Here is a seven part video of Mark Douglas, author of Trading in the Zone and The Disciplined Trader, talking about the psychology of trading.  Until you learn to overcome your own Continue reading

The Most You Can Make Shorting

When short selling the most you can possibly make is 100% of your invested amount. Short term, intraday traders do not worry about this. When holding for longer periods though, it is Continue reading

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