Though stretch? Don’t think you can out-hustle the markets…

Equity run update:  $11,056.             It's football season again.  It's time for coaches' press conferences... When they talk about being "out-played", "out-coached", and "out hustled" by the other team.  When the market beats you up, do not try to "out-hustle" it.  You will only make the losses worse.  It's been … Continue reading Though stretch? Don’t think you can out-hustle the markets…

Why keep a trade blotter?

Equity Run Update:  $12,849   What's a blotter? It's a record of every single trade you take. There are several automated online systems that can track your positions and give you pretty reports, etc. on your performance.  Even my broker, between the trading platform and the statements, does a good job giving me a sense … Continue reading Why keep a trade blotter?

What I wrote after trading for 2 years…

When I first started trading, I was given $100,000 by a very courageous boss to see how I would trade.  It didn't end well.  In total, after a capital injection along the way, I lost close to $150,000.  I was asked soon after to write a summary of what had happened and I learned from. … Continue reading What I wrote after trading for 2 years…