Extraordinary Situation; Ordinary Trade.

AdamAdam Grimes's blogs, Technical Plays6 Comments

In yesterday’s post, I made a case for a bounce play in the Japanese stock market. Last night’s extreme move makes this call look kind of silly in retrospect, but I want to highlight some important points and lessons here. First of all, this really highlights the difference between “armchair quarterbacking” or “time machine trading” (as we like to call … Read More

The Psychology of Sizing (Guest Blog)

BellaMike Bellafiore's (Bella's) Blogs12 Comments

Below is a wonderful contribution to our learning/growth shared by an SMB Blog Reader and professional trader. **************** For the past 4 months I’ve been battling with risk management. It’s been my Achilles heel. Its has completely destroyed my consistency. I’ve made big and I’ve also lost big. I’d say that 80% of my trades have good technical structure and … Read More