Market Stats: Big Picture: “If it wasn’t this, it’d probably be something else . . . ” -Line from a Elizabethtown. Yes, I’m embarrassed to quote a cheesy, mainstream romantic comedy and, sadly, it’s the most fitting quote for today. And on that, all I’ll say is that I’m sure glad that it’s over with. […]
Market Stats: Big Picture: Just a quick reminder that I’ve been uploading a daily video to the Live Trade Page that covers technical analysis and walks through a sample CIB trade. The video on Friday also showed a couple of BWB’s I’ve been testing out (starts around 11 minutes in), click here to head over and […]
Market Stats: Big Picture: Recognizing our biases in the context of what’s playing out is essential for long term success in the markets. For example, I recognize that I almost always believe stocks should decline. At the same time, I understand that historically they’ve moved higher. The entire investment industry is built on the notion that […]
Overview: The April 2016 CIB was closed on March 3, 2016 for around the maximum loss (-$688 Gross, -$805 Net, or a roughly -3.92% return on the sample account). In hindsight, I would have preferred to take a slightly smaller loss and need to be more conscious of commissions when creating a rough loss estimate. Please note […]
Overview: This post tracks the progress of the $SPX April5 2016 CIB Trade and is updated daily. As always, the information is being presented for educational purposes only and this is not a recommendation to take a trade. Additional Information on the CIB can be found here and here and the premium course that covers […]
Overview: Frustration is a common feeling to experience in trading. Shorter term traders can experience it on an intraday basis and for slightly longer term traders it can take days or weeks to play out. This year the S&P 500 fell around 11% and has nearly recovered that move in the past few weeks. Feelings […]