As an aspiring trader, the journey to success can be long and challenging. Many obstacles can be overcome along the way, and knowing where to turn for guidance and inspiration is difficult. For me, one of the most valuable resources has been trading books. Over the past 20 years, I’ve read hundreds of books on […]
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Warren Buffett is a business CEO, investor, and philanthropist with a net worth of more than $111 billion. He is regarded as one of the greatest investors of all time, and he frequently offers advice and guidance to other investors to help them succeed. Dividends are one particular investing tactic that Buffett thinks is crucial
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Trading can be a very expensive educational process for professionals from other fields that feel like they are smart enough to beat the markets with no experience. In trading, we are competing against professionals and people that do it for a living have an edge. The only way to make money is to have an
How To Win The Game Of Trading: 6 Lessons Learned After 30 Years Of Trial And Error Read More »
The stock market can be a confusing and intimidating place for those who are new to investing. However, with a little knowledge and understanding, it can be a powerful tool for building wealth over the long term. The stock market refers to the public marketplace where companies and investors buy and sell securities, such as
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A trading edge is what makes you a profitable trader in the markets. If you don’t know what a trading edge is then you don’t have one. If you don’t have an edge you shouldn’t be trading. Let me explain what a trading edge is and give you some examples. What does “having an edge”
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I got very lucky when I started out trading in the early 1990s as tech stocks stayed in uptrends and continually made new highs in price after each dip. Buying the dip and holding worked repeatedly much like it did in last few years in both stocks and crypto. However, after the dotcom bust of
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Patience in trading is the ability to wait to take action until it’s the right time. Ego, impulses, boredom, and greed, can overcome a traders resolve and cause them to take action too soon or too much. Patience is the ability to follow a trading plan in real time with discipline and focus. Discipline is
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Buy and hold investing is the strategy of buying a diversified portfolio of stocks using mutual funds or ETFs and holding them for the long-term. The normal hold time for buy and hold can be from 30 to 40 years. The strategy uses the historical returns for the U.S. stock market as its backtest. The
SPY 200-day Moving Average Strategy (Beats Buy and Hold) Read More »
Do you every wish you could look over the shoulder of legendary investors and see what they are buying during the 2022 market crash? It could give insight into their thoughts about the future. It would be more of a look at their own strategy based on their method and time frame but would be
Top 10 Stocks the Smart Money is Buying During the 2022 Crash Read More »
Paul Tudor Jones became famous after appearing in the PBS documentary The Trader in 1987 where he anticipated a stock market crash. He used stock index futures to triple his capital under management during the Black Monday crash in 1987 with large short positions while most other traders were ruined or suffered huge losses. His
Paul Tudor Jones: We are getting ready to deploy our recession playbook Read More »