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: No PDT rule 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 Overview Capital Markets Elite Group, or CMEG, is a securities broker-dealer […]
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 […]
Oh hey, I didn’t see you there. Well, another red day, down almost $12,000 today. They say you got to take the ups and the downs, hand in hand. But I’ll tell you, the red days are not as easy as the big green days. So today’s one of those days where I gave back […]
What’s up, everyone? All right, so here we are finishing the 71st trading day of the year. Right now I’m actually on my 307th day of trading since I started with $583 in my account, $583, and as of today I’m at $588,000 in that account. Today $2400 of profit. Green is good. Not the […]
What’s up everyone! Monday morning, back on the horse, back in the saddle, ready to trade. Today is one of those days where everything worked. Four trades, four winners, $4,808 profit, green is good. That breaks the red streak – Wednesday, Thursday, Friday of last week in the red. But cumulative loss is only about […]
