Risk Management: Red Day

If you watched me trading today, you saw that I overtraded and lost really bad. I tried to blame my loss on chatroom technical issues at the Open and on the market overall, but in all honesty, I myself was the problem, and no one else was to blame. Someone in the chat...

How to Trade in Market Volatility

The market has been very volatile these days. The Dow Jones closed down more than 820 points on October 10 and the Nasdaq and S&P closed red %3 and %4 respectively. October 10 was the worst day for tech since August 18, 2011 and everything except Apple (ticker:...

When to Quit Trading

Few days ago I received an email from a trader who has spent a lot of time trying to learn day trading. He asked: “Is there any criteria to determine when to quit trying to learn day trading? … Is there any criteria when to decide if you just don’t...

Define Yourself as a Trader

Today, an interesting comment appeared after I uploaded my recap video to my YouTube channel. “Life know Everything” commented: “bro, why r u not trading on low float stocks bcoz there is so many trader who claimed that they make $10,000 – $30,000”. To answer...