With the stock market looking weaker by the day, and omens of recession coming from every corner of the media, its time to take a look at what to do if you get caught in a bad trade. No one wants to be stuck in…
Category: Stock Trading
Book Review: How Traders Made Their Millions by John Boik
Have you ever wondered what it would be like to read MSNBC business headlines for hours on end, for an entire century? Well, you can find out if you read John Boik’s How Legendary Traders Made Millions. Reading this book honestly brings about a sense…
Book Review: The Battle for Investment Survival by G.M. Loeb
There are many famous traders in the investment world, people who made a fortune in the blink of an eye by observing the market and making the right call at the right time. G.M. Loeb is unique among them in that he is the only…
Book Review: How to Make Money in Stocks (3rd Edition) by William J. O’Neil
I picked up William J. O’Neil’s How to Make Money in Stocks after another author stated that, after reading thousand s of other books in the stock trading genre, it was among the top 5. Reading it for myself, I can see why. Honed by…
Adventures in Stock Trading #1
Now that I closed out of my TRXC position after holding it for a year and a half, its time to get back to stock trading and doing it right. I’ll detail the first three trades that I made here, and the techniques I’m using…
Mortgage Before Investments
Pay off the mortgage or invest your savings in the market? If there was ever a ninja vs. pirate debate in the FIRE community it’s this one. My foray into the debate is inspired by another article on the subject posted on a blog called Their…
Let the Trading Begin
The clouds have cleared and the great weight is lifted. The worry is gone and bright days are ahead. I’m not talking about the weather, but my own mentality. What is making me so happy? I finally closed out my largest stock position. I had…
Book Review: Reminisences of a Stock Operator by Edwin Lefevre and Jon D. Markman
“There’s nothing new in Wall Street. There can’t be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again.” Thus opens Reminiscences of a Stock Operator, a stock trading book authored by journalist…
Stock Trading Basics – Mental Management
Here is a question for you: if you think with your mind, how can you control it? It’s kind of like grabbing a ruler to measure a board of wood and the ruler grabs you back. And how can you measure the wood when the…
Stock Trading Basics – The Mindset
Trading stocks is hard. You need to guess the right stock, the right price, and the right direction in order to make money. Options are even harder, because the contracts come with an expiration date before which your prediction must come true. That’s four obstacles…