I updated some charts on the 1929 crash thread, here they are:

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I decided to start this blog because of numerous questions about my trading. I thought it would be easier to direct someone to this thread instead of repeating myself all the time. I may get very basic in this blog because of all the new traders on HSM but the seasoned traders might want to check out another style as well. Because my time is limited I will add to this blog slowly and may edit it from time to time if it is beneficial. I will get into actual trading tactics and such but first things...

I had intended to write about money management for my next post but I will touch on playing with the houses money as I did just that today. What better odds is there than to make a play with no risk. The only gamble is that I could lose my profits but I still will have the option to trade out with some profit should Q go south. I like my odds on this scenario. Now that I have posted this for the whole world to see I will try to update the results every week or two and see if I made the right decision....

This post is directed to new traders and traders that have found their self upside down on their portfolio. Trading is like have a business and you are the boss. If you had a business that was losing money, you might be forced to close the doors. The same goes for your trading account. If you lose all your money, the game is over. The deeper you get in the hole the harder the climb back to even is. Let’s say you started with $10,000 and you have lost $2000 for a drop of 20%. Now you need to make...

Have you ever noticed that some traders are always talking down their trading and a common quote is that "if I sell it is sure to go up". I have heard that numerous times as traders can get down on their self when they suffer continued losses or maybe they are even making a little profit when everyone else is killing the market. Like any endeavor we all need a positive attitude but it is difficult when all is not going well. When you are down on your self it is easy to keep a negative...