Modern portfolio theory is a financial theory that describes how investors can construct a portfolio of assets that maximizes the expected return for any given level of risk or minimizes the level of risk for any given rate of expected return. Modern Portfolio Theory Basics Modern portfolio theory is based on a few foundational ideas […]
What’s up, everyone? All right. Here we are, third day of May, and another $29,000 of profit, two back-to-back $29,000 days. That’s crazy. I’m beside myself. I wasn’t expecting this at all. It just shows how quickly the tide can turn. We went from having a really slow end of April to back-to-back difficult […]
What? Two midday recaps in one day? This is crazy. Well, I did my midday recap this morning. I had a lunch break. I had some meetings and then I came back and made $24,000 this afternoon and I’m finishing the day up $29,197, my third best day of trading of all time. Wow. Where […]
What’s up everyone. All right, here we are, 77th day of the year, second day of May, finishing in the green, up $4,800. That’s what I needed. Just a green day to break the red streak. Made back all of yesterday’s losses, all of Monday’s losses, so now back in the green on the week. […]
A red herring is a preliminary report associated with an upcoming initial public offering (IPO) that is filed with the SEC. The report contains important details about the business, but does not contain specific details about the IPO itself, such as proposed share price and number of shares for sale. Red Herrings and the IPO […]
What’s up everyone? All right, so here we are, May 1st. Spring is in the air, and I’m looking forward to a new month. April was an interesting month for me. There were ups and downs. It was kind of like really, really great ups in the first two weeks, and then frustrating downs in […]
Broker Summary Pros: Available to US residents $500 minimum (Active Account) Access to multiple trading software Direct access routing Hotkeys Cons: Very high commissions and fees Not regulated by FINRA, SEC, SIPC, or other US authorities Not available to Canadian residents The old “no PDT” advantage is becoming less important as US PDT rules change […]
What’s up, everyone? All right. Here we are, end of April. It’s been an incredible month. Finishing the month up $55,000, and we’re going to break it down today. I’m going to talk a little bit about some of the lessons I learned this month, an amazing first two weeks, a little bit of a […]
The Sharpe Ratio is an asset’s average excess rate of return above the risk-free return rate per unit of volatility. The risk-free rate of return is the rate of return on an investment that is considered to be ‘risk-free’, for which the rate of return on U.S. Treasury bills is used. Therefore, any return on […]
In the world of finance the terms ‘trader’ and ‘investor’ get tossed around pretty liberally, and are often used interchangeably. To the uninitiated this may not much matter, but there are important differences between an investor and a trader. Let’s examine these differences between investors and traders, and see why it is so important to […]
