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Pick one. Just don't turn a day trade into a swing trade because you are underwater.

There is nothing wrong starting small. If you can't grow a small account, you probably won't grow a big one.

I'd add Stan Weinstein's "Secrets for profiting in bull and bear markets".

Or the number of years you spend in jail.

You'd think IBD website would have something

OK If you say so :)

Source? I don't see anything on google

Write down how you are going to trade. It's a manual to guide someone else how to trade your system. It should answer the question "What do I do now?". You have money you want to risk in the market. What is the first thing you should do, what next? It should be a series of If/Then scenarios; If...

Oversold = Undervalued?

What an indicator tells you is what happened in the past. It does not predict what will happen in the future. What price does moves the indicator, not the other way around!!

Even the weatherman is wrong from time to time. :)

Not trying to be a smart ass here but explain oversold. If for each transaction there is a buyer and a seller how can something be oversold. If it's oversold, why not underbought. Sounds like a term made up by sellers looking for buyers. Years ago I held oversold stocks until they went off the...

Volatility of what? I look at my account balance (Liquid net worth) and it is not that volatile. If I have a 20% return with a 5% max drawdown what is my risk adjusted return? I differentuate between liabilities and expences. Liabilities are what I owe, expences are what funds my life style. If...

Of course your a good person. You keep the police employed, without you the security companies would go out of business and don't forget your contribution to the underground ecomomy. Keep up the hard work!!

Lordstown Motors (RIDE) has 1 split in our Lordstown Motors stock split history database. The split for RIDE took place on May 24, 2023. This was a 1 for 15 reverse split, meaning for each 15 shares of RIDE owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position...

Never understood "Risk adjusted". Isn't that why you implement a risk management strategy? Mine is simply to not hold losers in the portfolio. As for taxes, that is true. Up here in the frozen north we have tax free savings plans that can be used for trading although the government frowns...

You're probably not following your plan, you know the part about keeping losses small.

My problem with buy and hold is I didn't like the rollercoaster ride or the years that showed negative returns. A simple trend following system where you exit when a trend starts down and re-enter when the trend is up, will outperform buy and hold. It's a system that has kept me out of the...

I take that is your reason for trading, although you cannot outperform a buy and hold strategy. Is that the same as having a strategy with a 90% win rate that loses money. I don't like the term "Long Run", but shouldn't your goal be to employ your capital for the best return in the long run?

It's amazing how people spin this. BKCH for example dropped over 90% from its high. Now it is up 90%. So it dropped from 145ish to 13 bucks.(Down $132) Now it is up to 24 a gain of 85%.(Up $11) Still down 80 some % from the highs of 145. There was also no mention of the 80% gain it made from...