Finishing The Morning +$9,680.18! What’s up everybody? Alright so, finishing the day here, Friday the 9th trading day of the year. Up $9,680.18. What a day. We are seeing incredible momentum. This has been an incredible week. It’s been an incredible month. I’m up just under $50,000 on the year. Right around 47 to […]
Mirror trading is the act of simply copying or ‘mirroring’ a different person’s trades. The idea is that one should be able to simply copy the action of a successful day trader, and then reap the same rate of success. As simple and intuitive as this proposition sounds, mirror trading is actually a bad idea, […]
Finishing The Morning +$8,066.27 on Day 2 of the California Trip! What’s up everyone? Finishing the morning up $8,066, on day two of the California trip. That feels good. Building up the cushion. Getting myself well over $35,000 on the month, on the year. Working my way to that first big line in the […]
Bitcoin Cash is a cryptocurrency that split from Bitcoin Classic in a ‘fork’ event, where holders of the original Bitcoin were allowed to exchange their units for new Bitcoin Cash units. The split from which Bitcoin Cash emerged was driven by a disagreement among Bitcoin stakeholders about altering the code of Bitcoin to allow it […]
Coast to Coast Trading Recap! + $1,136.09 What’s up everybody? All right, so back in California, yesterday was a travel day. So, as you guys know, yesterday started the morning with a couple of good trades, made around $4,000 and then had to pack up and get ready to make my way back to […]
An ad valorem tax is any tax that is based on the assessed value of an asset or set of assets. Ad valorem taxes are a method of periodically taxing assets and properties, as opposed to a transactional tax that only taxes a good or service once at the time of exchange. Ad valorem taxes […]
A basket trade is any trade that is performed for a set of 15 or more different shares or other securities, usually as a set proportion of those shares. Basket trades are most commonly used by institutional investors to maintain a proportionate portfolio of different shares or to purposefully alter the proportion of the shares […]
The FOMO is REAL today!! +4.1k What’s up, you guys? The FOMO is real. I am feeling so frustrated. I told you guys today that it would be a short day because I’m flying to California this afternoon. I started today saying I wasn’t going to be super aggressive because I just didn’t want […]
Contrarian traders base their trading strategies on the underlying principle that the market tends to overreact at both extreme highs and lows. Contrarian traders see these extremes as opportunities to profit from sharp reversals that can occur when the market corrects from a recent overreaction. However, contrarian trading strategies are more complex than simply betting […]
A Trading Curse or a State of Mind? +$3,603 This Morning! What’s up everyone? All right, so I’m finishing the day today up $3,603. On the surface that’s a great day, but before we get into today’s midday market recap, I want to talk a little bit about not comparing yourself to others because […]
