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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