Trading stocks or commodities is a very good chance for everyone to make a good income every month. Unlike other businesses an investor doesn’t need selling any goods, having hated boss, get up early every morning, paying large overhead, have no employees, dealing with competitors and an investor doesn’t have to work 8 hours a Continue reading →

Today’s sell off just confirmed my concerns regarding the market and possible addition to AFAM. This post is to finish my view at this stock. On some other web sites investors can read analysis about certain stock with possible future outlook, but then none of the web site comes back to the stock to revise Continue reading →

Last Friday AFAM has touched its 50 MA average on high volume. It started dropping as a rock and it was scary move. I mentioned that this move would be a correction only if the stock bounces back on high volume and it would be a good opportunity to add more shares to the existing Continue reading →

A turbulent market with deep losses turned the trend back to correction. It is difficult to recognize whether this would be the time to give up positions and sell stocks. It requires some experience to find out that a particular stock in investor’s portfolio displays a red flag saying: “This is not correction, I am Continue reading →

In the previous post I was talking about money management I apply on my trading. In summary this is my settings: – maximum draw tolerance 25% (if all my trades will be a failure my account will loose 25% of its value) – maximum risk per one trade (stop loss per trade) 5% – with Continue reading →

Discipline and patience is alpha & omega of any trading or investing. Without it an investor would experience huge losses. I have my own experience with lack of discipline and patience. I lost about 60% of my initial principal when I started trading about three years ago. I still fight with my emotions. My biggest Continue reading →

I am still talking in terms of a small account, small money. In my previous post I told that every small beginning investor can start from nothing. If an investor sticks to the saving plan by transferring a little share of her salary into a savings account, soon she will end up with some good Continue reading →

I will trade only a small money account. The truth is I do not have more money to trade with. My account was originally larger than it is now, but this is a different story which I will explain later. My problem was that I was not disciplined enough to follow any rules given. I am Continue reading →