Trading Mistakes

One of the goals of this blog is to provide a forum to share my trading successes and failures in hope that others can learn from my mistakes. Bram Stoker, the author of Dracula, said, “We learn from failure, not success!” As a trader, it is imperative that we are continually trying to improve our…

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Closing a Profitable Trade

One of the difficult things about trading is knowing when to close a trade. When a trade becomes profitable, it is often easy to become greedy and hold on to the position hoping that it will become even more profitable. In undefined-risk trades, I have learned the hard way that when you have a profit,…

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Weekend Portfolio Analysis (January 24, 2015)

As this is the first weekend portfolio review of this blog, it will be a bit lengthy as I review all the positions that have been placed in my account since the beginning of the year. Market Conditions It was a strong week for all of the major indices despite the selloff on Friday with…

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