Trading School
Six years ago to this very day I walked away from corporate America to trade full time. As each anniversary day comes, I can’t help thinking back on March 31, 2006. Well over a year of preparation, planning and deep reflection went into that moment. After all, I was walking away from a great 6 [...]
A Twitter follower just asked me how much dough did I have when I started trading full-time. Instead of a quick response that will soon be lost in the Twitterverse, I decided to share a document that I wrote 5-6 years ago addressing this very question. To be honest I haven’t reviewed it since, but [...]
If you have read my blog or my tweets on Twitter – you know that most of my stock trades are in commodities including precious metals, emerging markets or technology preferably related to the mobile internet. I have found that I can attain a slight edge by focusing on certain themes or trends. If Freeport [...]
So, let me start out by saying that $4,000 for a seminar is a lot of money to me. Trading is a business and I plan for a certain level of expenses each year, but $4000 for seminars wasn’t in this year’s budget. That’s twice as much as I have ever spent on a seminar [...]
I hang out on StockTwits a lot. It’s a great community for active traders. A large majority of the people I follow are technicians - head and shoulders, wedges, gaps and all of that good stuff. I love technicals, but I incorporate fundamentals into my analysis as well. I am not really into the traditional stuff [...]
A misguided notion that somehow more is always better. The tech heads continue whining about missing features in Apple products. No Flash support. No multi-tasking. No this. No that. I was an engineer. I have a BSEE and MSEE. Trust me – there has never been a product released, in history, where an engineer didn’t [...]
Dr.Van K. Tharp is a widely recognized trading coach and author. Several years ago, I read two of his books Trade Your way to Financial Freedom and Safe Strategies for Financial Freedom. To this very day I still employ his strategy of combining risk management and position sizing. I received the email below from him this [...]
To the dismay of Google and Research in Motion fans, my “Long Apple Short iKillers” trade is working. If you are not familiar with this trade read “How I am Playing the Smartphone Craze” to understand its origins. The thesis of the trade is derived from a quote from the Morgan Stanley Internet Report “New Companies often Win [...]
Michael D.
Dylan Molodow
Sud1