Ingvar's Trading Thoughts

Just my rants on trading in retirement

The end of 2020

2020 almost gone. Now what? Trading this year has been nothing but challenging and well, interesting. 2020 started reasonable normal. Most of us invested/traded as we have in the past, trusted our indicators and research to make reasonable trading decisions in...

read more

Take Advantage of a Down Market

And Reap the Benefits When the market is tanking, most investors are either paralyzed or make poor decisions. But a bear market can provide the best investing opportunities. When the market is performing poorly, even great stocks can take a substantial price hit. It’s...

read more

The Big Dump Week of March 9, 2020

I love this trading thing. Worst few days ever. Dow down big on Monday because of several world events. There is the Trump thing - no comment. Then as of this writing there is the corona virus. Some of my long positions got stopped out - but I have some ETFs I am...

read more

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 of...

read more

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...

read more

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 start to...

read more

Surprises will happen in trading

I have a long position in Gold. This morning I checked and it was well in the money. Later when I sat down to trade it was well in the hole. 20 minutes later. Now, an hour later it is well in the money and going as expected. I think it will limit out today at a...

read more

Trading in Retirement – Basic Goals

Why trade in retirement? "You'd be amazed at the number of older people taking up trading," says Kevin Cook, an options strategist at TheStreet.com in Chicago. "I think it's a combination of demographics and technology." For many retired traders the intellectual...

read more

Basic Money Management Tips

Don’t Confuse Day/Week/Month Trading with Gambling! This is a tough lesson to learn. I know. Trading can be very addictive. Some experts don’t see much difference between day trading and gambling. “Day trading should be looked at as entertainment, much like playing...

read more

Don’t fall for the seminar gurus..

One of the mistakes many people do when they retire, is to follow advice from some investment seminar when you know nothing about it. Happens over and over. Sounds too good to be true. Invest $80,000 in a currency program that will, hands off generate $4,000 a month....

read more