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Position Size - Avoid Account Destruction

Position Size - Avoid Account Destruction
Have you ever blown up your trading or investment account? I have and it sucks. After making a few successful trades in my first self-directed acco...

Faltering FAANG...

Faltering FAANG...
Facebook, Amazon, Apple, Netflix and Alphabet (Google) make up over 10% of the S&P 500. When a couple of these names begin to stumble it's refl...

Long In The Tooth...

Long In The Tooth...
The bull market in the US on Wednesday of last week became the longest on record, turning 3,453 days old. But is it really the longest? From Bloomb...

Wine, Beer, Spirits & Cannabis...

Wine, Beer, Spirits & Cannabis...
The North American equity markets were relatively flat to modestly higher on the week as the slow summer trading action continues. I would expect ...

One Trillion...

One Trillion...
The race to One Trillion is finally over and Apple has accomplished the feat closing the week at a market capitalization above 1T. Here's what a $...

Total Domination...

Total Domination...
One Rich Human... Thanks to the performance of Amazon's stock (hitting a market cap of $900 billion this week) Jeff Bezos has catapulted to the top...

Tech Monsters...

Tech Monsters...
The NASDAQ reached all time highs this week thanks to the mega cap stocks or FAANG (Facebook, Amazon, Apple, Netflix, Google). This trend never see...

No One Rings a Bell at The Top

No One Rings a Bell at The Top
There's no magical indicator or chart formation to tell us that we have in fact seen the top in stocks. Like the perma-bears, many will try and predict the top only to be wrong year after year until it happens. Then they will tell you they told you so. This isn't very helpful. 

The World's Worst Teacher

The World's Worst Teacher

I'm sure there are some pretty bad teachers out there but the stock market has to be one of the worst.

To get into "stock market school" you don't have to apply to be accepted and anyone can attend. You just open an account online, transfer in some cash and you can buy and sell with no plan, trade without stops, buy the hottest inverse or 3 times leveraged ETF, pick bottoms and tops and you might actually make money. 

This is why the stock market is a horrible teacher.

Controlling Your Inner FOMO

Controlling Your Inner FOMO

“I just wait until there is money lying in the corner and all I have to do is go over there and pick it up. I do nothing in the meantime.” - Jim Rogers

I’ve read a lot of books on trading and investing. There's no shortage of famous sayings but the above quote resonates with me because patience has been the hardest thing for me to learn. If I would’ve taken this quote to heart and incorporated it into my trading psyche, I would have saved myself a lot of money and more importantly a ton of time.

Anything Blockchain

Anything Blockchain

By the time you read this the price of Bitcoin could be $20,000 or $10,000 your guess is as good as mine...

In the much more tangible space of oil and gas it seems that very few are interested in putting money to work in this sector. Maybe it's just a sign of the times as the blockchain and crypto space are getting all the attention these days

Bitcoin Makes My Head Hurt

Bitcoin Makes My Head Hurt
$10,920. That's how many US dollars you need to purchase one Bitcoin. For those keeping score you could've picked some up for around $800 in January. If you don't own any I recommend not doing the math. It may cause nausea, dizziness or trigger a migraine.