EQUITY RUN UPDATE: $11,824 I just lost money on two trades. Yet, everything is ok. Why? Because I followed my program. It’s my grove.…… Read more “I lost money, and I’m ok”
Month: October 2017
Trading losses = tuition
One way the fund owner used to talk about losing trades was “tuition.” We were all in the same boat, with very limited trading experience. He was…… Read more “Trading losses = tuition”
Forgive yourself
Bad trades happen. Especially at the beginning, if you haven’t mastered your emotions and your ability to exit when you said you would, a losing trade can…… Read more “Forgive yourself”
The perfect trade…
…doesn’t exist. Buying at the very bottom of a move and selling at the very top before the next reversal is a matter of pure luck and…… Read more “The perfect trade…”
Don’t you dare disagreeing, unless…
EQUITY RUN UPDATE: $15,196 | +51.2% There has been a series of public indictments recently that have killed the old notions of due process, of…… Read more “Don’t you dare disagreeing, unless…”
Drawdowns suck and they are inevitable
EQUITY RUN: NO UPDATE. The vast majority of a trader’s lifetime will be spent in a drawdown from peak equity. The key is to not…… Read more “Drawdowns suck and they are inevitable”
Did you see that 27% rally? In 3 days!
EQUITY RUN UPDATE: $11,038. It happened fast. It happen strong. It was RBOB Gasoline, September delivery and in the October delivery a bit also. The move…… Read more “Did you see that 27% rally? In 3 days!”
