The Memory Remains

The Memory Remains

Welcome to Q4, 2019. It's hard to believe a year has passed since my final exam. I don't mean a university, FINRA or other written exam given by a financial institution. I mean the final exam given to me by Mother Market that I along with several other traders I am close with, failed with [...]
Skill Versus Luck: An Enormous Advantage In Trading And Investing

Skill Versus Luck: An Enormous Advantage In Trading And Investing

"Most of the successes and failures we see are a combination of skill and luck that prove maddeningly difficult to tease apart." - Michael J. Mauboussin (The Success Equation) Around the time I turned 21 years old and visited a casino for the first time, I remember someone telling me that the worst thing that [...]
Ethereum Run Could Be Just The Beginning

Ethereum Run Could Be Just The Beginning

The world's second largest cryptocurrency Ethereum has broken out as I predicted back on September 3rd. On the back of news that BitPay will now accept Ethereum, we got the breakout with slightly above average volume today: What is much more interesting is the look of $ETHUSD zoomed out. I have spoken before about the [...]
Trade Setup Coming Into The Strike Zone

Trade Setup Coming Into The Strike Zone

For my second entry of the day (I'm exhausted) I'm lining up a trade in Career Education Corp, $CECO). Earlier I spoke about an entry I took in $AUDC and you might notice that this setup exhibits some similarities from a technical perspective. Let's take a look: Back in the first week of August, $CECO [...]
I Got Greedy

I Got Greedy

...when others were fearful. The greatest investor of all time and my neighbor down the street once said that as an investor it is wise to be fearful when others are greedy, and greedy when others are fearful. Warren Buffett's classic quote is easy to remember but difficult to put into practice. Environments like our [...]