In the world of finance the terms ‘trader’ and ‘investor’ get tossed around pretty liberally, and are often used interchangeably. To the uninitiated this may not much matter, but there are important differences between an investor and a trader. Let’s examine these differences between investors and traders, and see why it is so important to […]
Oh hey, I didn’t see you there. Well, another red day, down almost $12,000 today. They say you got to take the ups and the downs, hand in hand. But I’ll tell you, the red days are not as easy as the big green days. So today’s one of those days where I gave back […]
What’s up, everyone? All right, so here we are finishing the 71st trading day of the year. Right now I’m actually on my 307th day of trading since I started with $583 in my account, $583, and as of today I’m at $588,000 in that account. Today $2400 of profit. Green is good. Not the […]
What’s up everyone! Monday morning, back on the horse, back in the saddle, ready to trade. Today is one of those days where everything worked. Four trades, four winners, $4,808 profit, green is good. That breaks the red streak – Wednesday, Thursday, Friday of last week in the red. But cumulative loss is only about […]
Here I am, on the fifth stop of this amazing journey of trading and traveling around Europe. This time, I am in Lisbon and this is going to be the furthest west I’ll go on this trip. It’s been another incredible city to be living in, a city where I think there is the best […]
What’s up everyone. Alright, so here we are finishing my third day in the red. It’s getting a little disappointing but you know what? All things considered it’s still a great week, I’m up $5,000 on the week. Although it’s not the $32,000 I’ve been averaging for the first and second weeks of the month, […]
What’s up everyone? All right, so today, second red day in a row. This seems to happen to me. I’ll have a really nice hot streak, five, 10, 15 green days in a row, and then I kind of come up against a wall and I’ll have a couple of back to back red days. […]
For decades new studies have repeatedly shown that traders cut their winning trades too early and hold on to their trading losses for far too long. The reasons for this behavior can be found in our evolutionary biology. Behavioral economics and cognitive psychology have demonstrated profound biases in how humans treat gains and losses, and […]
What’s up everyone? All right, so finishing the day here in the red but not by much. Today is one of those days where I only actually took one trade. I took one trade in my main account, one trade in my IRA. I got a partial fill in the IRA, which was so […]
A financial advisor is any professional who provides products or services to clients concerning investments, taxes, properties and estate planning. Most financial advisors focus on a specific area of advisory services, though some do offer comprehensive services or are members of a firm that provides comprehensive services collectively. Examples of Financial Advisors Some common examples […]
