Category Archives for Blog

The Oldest Ponzi Scheme Around

Have you heard of the saying “Where are the customers’ yachts?” Well, Fred Schwed asked the question and even wrote a book titled the same. The book published in the 1940’s at the start of WWII for the Europeans, but, even after all these years – that question remains as relevant as ever. There was […]

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Earning the Right to Take Profits

Many lose because they’ve earned it. Yeah, that’s tough to swallow, but it’s a pill that will do you good. I’ve had to take my dose in the past. Earning the right to take a profit on a position is a privilege and starts way before a trade is even put on. It starts with […]

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The Market Maker Killer

Absolute blow out winner! There was a show on CNBC called “Money Talks,” that featured a sports handicapper named Steve Stevens (Fake name of course). When he would win by beating the spread on a game, he would yell that out in his raspy voice. These types of characters call themselves “bookie killers”. They believe […]

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The 1% You Want to Avoid

I had a friend message me yesterday and send me an article from ValueWalk. He said, “I think you’d enjoy this.” The article wasn’t shocking because we already know the statistics. The article talked about how just one percent of mutual funds clocked positive returns in 2015 according to Goldman Sachs analyst David J. Kostin. […]

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What Have You Learned?

For the last seven months, I’ve been pushing out daily content in the form of emails. It hasn’t been your typical post-market wrap up that most send out and is useless in my opinion. It’s me talking into your ear sharing valuable insights typically, but I want to hear what you have to say today. […]

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It’s not Them; It’s You.

You’ll hear a lot about investor or trading psychology. Usually, most that have encountered a significant loss will crawl into this topic to help heal their ego. There are a ton of books about the subject as well, and some people will tell you they are a must read. I see it as those who […]

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Vultures of the Market

There’s a 3 trillion dollar reason the finance industry has spooked investors like you away from doing it themselves. Some make the market a scary place while others make it seem like they know more than you do. For instance, you’ve likely heard that high-frequency trading is bad and not good for the markets. Nah! […]

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One Rule that Causes Investors to Underperform

You’re heard it many times on TV from talking heads. You’ve read it in several books related to investing and trading. “Let your winners run.” Yeah, it’s a lie. There’s no way to let your winners run. How do you know if you have a winner? How do you know how far it will go? […]

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What Separates Profitable Investors – From the Rest

I stumbled across this article yesterday on Business Insider. The article was about how basketball legend Coach K had perfectly summed up what separates great players from average players. It goes something like this: “The average player always focuses on the last play. The great player always focuses on the next play. An average player […]

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Death to Being Passive or a Day Trader

Years ago, I once was a day trader. Now I’m a recovering one. I had six screens and locked myself in my den every day looking at charts, indicators and ran a chat room. To other traders, it’s cool setup. However, to non-traders like your spouse, it looks like you work for the CIA. It […]

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