First things first… Don’t tell my wife. Second. I know what I did wrong, and it was SO many things. Third. Shake it off. I know it’s months of work gone, but I live to trade another day. It’s by far the largest loss I’ve ever had. 30% of my trading account evaporated in minutes. … Read more
Today is day 12 that $SPY, the S&P500 index ETF has been on a green tear upwards. The Nasdaq index NDX is slowly creeping upwards while the Russell2000 index RUT is largely flat. With this kind of slow grind upwards, it is very scary to actively trade in the market. As the analogy goes, when … Read more
It’s worth taking time everyday preparing for the next day. You’ll be more focused and less prone to distractions. And with increased efficiency, you’ll save time. When it comes to trading, it’s good to take some time the evening before to scan for potential trades. Set rules for yourself so when market conditions appear you’ll … Read more