In 2011, while browsing Yahoo Finance, I was served an ad for Jammin’ Java. However, this ad wasn’t for their coffee. It was for their stock. Jammin’ Java was company trading on the Over The Counter Bulletin Board (OTCBB) under the ticker symbol JAMN. The company sold Marley Coffee … yes, a brand of coffee […]
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THINK LIKE THE CASINO February ended up my best month in terms of absolute profits, and my second best month in terms of % return on my capital (122%) … just narrowly missing my best month of 124% in June 2020.It could’ve been better…I didn’t let some winners run enough, and I missed some what […]
Unless you’ve been living under a rock for the past week, you’ve probably at least heard about the GME/AMC debacle. It’s been framed as the common man beating Wall Street, the little guy beating the big guy, David vs. Goliath, the Rebellion against the Empire… Except it’s none of those things. It makes for a […]
Too many people treat trades as investments. They’ll buy some trash stock with momentum and on hype, not knowing what they own. They might have some quick short term profits, but they ignore the warning signs and keep holding. Eventually their unrealized gains disappear, yet they still bag hold believing it will “come back.” The […]
I’ve now hit over 6000% return on my capital since I started tracking it in January of 2019.
Are you letting winners run? A common mistake traders make is holding losers too long and not letting winners run. Here’s stats from my trades since early October. My holding time for winners is approximately 3 times as long as for my losers, as it should be. Stats via Edgewonk.
Today I officially hit a 1000% cumulative return on my trading capital for 2020. I’m also closing in on a 4000% cumulative return on my capital since January of 2019. I did this while generally risking only 2% of my capital per trade.
Check out the newest article on this site: Fibonacci versus Krieger-acci
Check out the newest article on this site: Experience Matters In This Game.