Automated Trading

Just a quick note: I have been very intrigued by having someone else trade for me. Someone better than me. (wouldn’t take much). So for quite a while I have researched how that is possible – with a small trading account. If you have a big stash with at...

The Big Dump Week of January 29, 2018

I love this trading thing. Worst week ever. Dow down big on Friday. Sure, our long positions got stopped out. But.. the silver lining is in the opportunities for us “Week Traders”. Sunday will be spent researching. Monday at opening some hard decisions...

Day Trading or Buy and Hold?

Many retired folks that manage their own portfolio buy stocks because they believe they will go up and up and up. So they sit on a dozen stocks, and might buy one or two as funds allow. They might sell the odd stock because it doesn’t grow fast enough. This type...

How to Deal Will A String of Losses

On Monday last (January 29) the market took a correction down. This happens of course from time to time. If you stay on top of world events you might prepare for it. But the sad truth is, after all these years of hobby trading it has happened before, and it will...

Trading analysis: What I Trade Best

I love stats. So I downloaded into a spreadsheet my trading record for the past 12 months. With Avatrade I did quite well. I had 43 profitable trades and 36 losing trades. Then I calculated what instruments I did best in. I was a little surprised to see that trading...

One Recurring Mistake in Trading

Getting losing trades is normal of course. Trick is to average a profit. You can be wrong 50% of the time as long as the winners are bigger than the losers. But when you lose a couple of trades – that happens – your mind starts to play with you. For me I...