Recent content by JDW1411

Ed Seykota has done some great work in this field.

Ed Seykota has done some great work in this field.

Great post joe!

I agree

In this blogpost we will discuss two types of strategies that every trader or money manager needs to have in place in order to be successful: offensive and defensive strategies. A week ago I was playing a match against a friend in San Francisco. The first set I lost 4-6. In the middle of the...

In this post we look at the topic of the proper amount of risk to employ in your trading strategy. The goal in trading is fairly straightforward, minimize your losses and maximize your winnings. In order to be able to do this effectively proper position sizing is essential. Risk too much on a...

This post is about my own trials and tribulations in trading. It is a short summary of my own path of development as a trader. I still remember the moment when I wanted to buy my first stock . . . I was nine years old, sitting in the back of my father’s car. We were passing by a drugstore...

In this post we will look at the main reason why people are in the market, why this is so important for trading success, and what separates the winners from the losers. I encourage you to ask yourself the following questions: Why are you trading? Are you genuinely trading to make money? Are...

In this post we will look at some interesting statistics on the profitability of traders. Over the years, scientific studies have been conducted on the profitability of speculative trading and investment accounts. We will go over the findings of Steward (1949), Houthakker (1957), Rockwell...