When you find yourself in a foreign land or in an unfamiliar area of town, do you ask for directions or do you just try to plow through the situation using pure instinct? Personally, I prefer to wing it, which doesn’t make my wife happy. Sound familiar? Putting a little cultural color into this blog, […]
Profitable
The Beauty of Planned Capital
“I made 100% every week this year for a total return of over 5,000%!” I actually saw that claim made by a trader. Of course the trick was how he was calculating profit – it was simply based upon how much of the initial credit he retained. So, for instance, if he sold a […]
The Trader’s Journey
“Cheeseburger, cheeseburger, cheeseburger” – John Belushi, SNL Remember that scene? You could order whatever you wanted at Billy Goat Tavern, but it would come back to you as a cheeseburger. That’s how I felt when I first started trading in mid-2012. No matter what I ordered from the trading gods, I just didn’t get what […]