by admin | Sep 26, 2018 | Podcast
Trading is a probability game. But the probability of the success of each trade changes every single time. While the market conditions of today may reduce the probability of a trade by 50%, tomorrow the conditions may increase the probabilities. So, it doesn’t matter...
by admin | Sep 24, 2018 | Blog post
I’m officially on vacation. But sometimes, even vacations can su*k a bit. Because it can get boring fast! I’m currently on vacation in Portugal, in an area called Algarve. I know this area really well because I used to live here, so it’s not as exciting as visiting a...
by admin | Sep 21, 2018 | Blog post
My friend Mike was a former CIA agent. Before that he worked in the military as a fighter pilot. And he’s been a phenomenal option trader for about 30 years too. In fact, I learned everything I needed to become a successful trader from Mike. And it can be put into 2...
by admin | Sep 19, 2018 | Podcast
Let’s face it… most traders will NEVER make money in their trading career. Yup, you read that right… in their ENTIRE trading career. And why is that, you may ask? Well, we could call it a tradition! Tradition is that one way everyone does something the same. That one...
by admin | Sep 17, 2018 | Blog post
Sadly, I know traders who have ended up with serious depression. Not because they couldn’t be profitable – quite the opposite. Because even after years of successful trading, they were still taking losing streaks too personally. They allowed losing trades to...
by admin | Sep 14, 2018 | Blog post
Each year, around 30,000 people in Japan commit suicide. Why? Because of overwork. They even have a word for that kind of suicide in Japanese: “Karoshi”. And I personally think that many people around the world are close to Karoshi too. During my last visit to the US,...
by admin | Sep 12, 2018 | Podcast
Imagine having a trade that’s had a nice run and is holding a tidy profit. Then, just before the market closes, right before you’re going to exit your trade, there’s a fast sell-off and you end up closing the trade with a loss. Yup, one minute you’re on the...
by admin | Sep 10, 2018 | Blog post
This post is going to be sad. Really sad. If Michael Jackson was still alive today, he would have celebrated his 60th birthday last week. The King of the pop has been gone for a while – and that alone is sad already. His music was timeless. Even people who are...
