A Few Simple Trades
I know, it’s been ages since I posted a video. Whenever that happens, like clockwork, I start to get emails asking stuff like “Does your strategy still work?”, “Can you still make money given the recession?”, you get the idea… The answer is always “Yes”, it still works. It works, because my strategy is not to jump onto some fad or some temporary arbitrage opportunity. No, my strategy is to understand what the price is telling you, to read it, and...
Read MoreEvil Machines Are Taking Over The Markets
…or not. Lot’s of questions coming my way about the discussions in the media surrounding machine trading. Most are asking if I think that machine trading is the monster that it’s being made out to be, and if it’s killing the markets for regular day traders like us. My own feeling that as long as real people account for the majority of the volume being traded each day, even if only a very tiny majority, then nothing has changed for us. News outlets and people who have...
Read MorePenny Stocks Redux
I talked about penny stocks a year or so ago, but it’s a subject I still get emails about every week, all asking basically the same thing: “Do you trade penny stocks, and if not, why not?” The answer is unequivocally no! I don’t trade penny stocks, and I don’t recommend trading them either. Why not? Well as I’m sure you’ve figured out by now, I like to try and make my life easy and stress-free. So when it comes to trading, I look for stocks with large...
Read MoreTaking Trading Seriously
The people who are most successful in trading have a number of things in common. One of the most important of these traits is that they treat trading as a business, not a hobby. I know a lot of people think the word business means boring sales meetings, endless conference calls, and regret fuelled office parties, but it doesn’t have to mean just that. When I talk about trading being a business, I mean that it is a professional occupation that should be treated as such. For any business to...
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