In the below video I explain how to position size properly to manage your risk by keeping your losses to a small percent of your total trading capital. A 20% position of your total trading capital gives you a potential 5% stop loss on your position to equal 1% of total trading capital. A 10% position […]
How To Position Size Correctly Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. As my trading career developed I began to think deeply about the market’s first principles. And that’s when I landed on a
Convergent versus Divergent Trading Strategies Read More »
This is a guest post by independent trader Max. Let’s face it. Most of us have started in the trading world with the view that in a matter of no time, we’ll spend an hour a day trading from our luxury yacht and then wonder what to buy with the millions we make. Does this
5 Realities of Trading Everyone Should Know Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. Occam’s Razor, a principle conceived in the middle ages by a philosopher named William of Ockham, basically states that when given two
How to Simplify Your Trading with Occam’s Razor Read More »
Chart Courtesy of StockCharts.com $SPY made a new all time high on Friday then closed under Thursday’s high of the day. $SPY is currently still triggering all bullish moving average long signals. Thursday’s breakout to new highs was on increasing volume while Friday’s reversal at the 70 RSI was on even higher volume. $SPY ran
$SPY Chart At High Probability Resistance: 9/23/18 Read More »
Being a profitable trader is not just about changing what you do but who you are. Unprofitable traders tend to be impulsive, greedy, impatient, and take actions that are random. You don’t need to do one great trade, the odds are that one big trade will cause more damage than good. Like most lottery winners
The Rare Trading Edge Read More »
Here are twelve fast facts about writing covered call options on your stock holdings: A covered call gives the buyer of the call the right but not the obligation to call away your stock at the strike price. The option chain you want to trade has to have liquidity to avoid losing too much in
12 Fast Facts about Writing Covered Calls Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. This video is the beginning of our China series where we’ll explain what’s going on in China and
The Problem With Chinese Stocks Read More »
Everyone’s trading is different. No two traders are the same. Your watchlist, your signals, your chart software, your broker, and your commission costs are probably all very different from mine. Also how your edge plays out can be a different path from my own. Do you need speed of execution to scalp quick trades, or
Solving Your Own Trading Problems Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. In this video we’ll be talking about ruthless reductionism! We need to ruthlessly reduce any complexity that shows up in an investing
Ruthless Reductionism In Trading | Complexity Vs Simplicity Read More »