The Hardest Trades to Hold

[originally published on medium] Know when to hold ’em, know when to fold ‘em. My friend and five-decades-long trading legend Peter Brandt (@peterlbrandt) has mentioned numerous times in various blog posts and interviews that over his entire career the hardest trades to hold are never the losers. Losers get cut out of...

Centennial Resource Development $CDEV Is Latest Addition To HOLLY Hot List

CDEV caught the attention of HOLLY — Trade Ideas’ AI Engine — this week as the stock attempts to break above all-time highs set in early November. HOLLY has a good track record with this stock, first alerting subscribers to an entry on October 24th when the stock was trading just below $19. Now...

Positioning for Tremendous Upside Opportunity

[originally published on medium] I’ve been reviewing my journal entries so far this year since I made a strategic decision to shift my options trading in 2018 from short premium & short volatility to long premium & long gamma, and I thought this recent journal entry from January 9th delving into my thought process...

Van Tharp asks about Artificial Intelligence in Trading

[originally published on medium] I’m a huge fan of Van Tharp and his books. I’ve read all (most?) of them. I also subscribe to his email newsletter. In a recent newsletter, Mr. Tharp revealed a small investment he made in $AIEQ, an ETF recently launched which utilizes Artificial Intelligence to make...

I’m a Side Hustle Bull

[originally published on medium]  Last night was another great night for the Colorado Traders meetup group that I run. Our gathering in Denver had over 20 traders from all walks of the trader spectrum. And even more impressive, we had several brand new faces. (If you’re in Colorado, join us!) And...

The Ultimate Commodity for Traders: IDEAS

[originally published on medium] Ideas are everywhere, but ideas with EDGE are scarce. How much are statistically significant ideas worth to you? I’ll assume that if you’re an active day trader, you’ve got at least $25K in your account. That’s the minimum our “brilliant” lawmakers insist must be in your account in...

Financial Media is Failing Active Traders

[originally published on medium] The real money is made in the Data, not the Narrative. When the Trade Ideas Artificial Intelligence Virtual Analyst (Holly) triggered an entry to buy HMNY on Sept 26 at $9.43, chances are you weren’t reading about this on wsj.com or getting alerted to a potentially...

Trading comes down to you. Take responsibility. Take ownership.

[originally published on medium] Systematic or machine trading is no panacea. It is a tool. It’s seductive to think that we can turn our investing or trading over to a money making machine, then sit back and simply count cash as it rolls into our account. Feet up, cold drink in...

Introducing: The BTFD Pro Alert powered by Trade Ideas

It’s no secret to active stock market participants that the best trade since 2009 is the BTFD trade. In case you moved to North Korea in 2008 to avoid bill collectors on your busted sub-prime loan portfolio and have therefore lost all contact with Western social finance circles, “BTFD” stands...

Seek Relentless Optimism

I consider myself incredibly fortunate to have built up a personal network of extremely talented, helpful, and considerate fellow Traders and fintech professionals — both in real life and online (not real life?). One such individual is Darrin Donnelly, known by many of you as @DarvasTrader on twitter. Darrin recently released the...

My Mission: Advocating for Truth in Trading and Empowering Traders

Sometimes the most obvious solutions are staring you right in the face, but you’re too blinded or distracted to see it. During the past month or so, it has become crystal clear to me that I have a very important role to serve in both the retail and professional trading...

Stoicism and Trading

[originally published on medium]   In recent years, I’ve been reading more and more about the stoic philosophies and identifying more with their principles as they apply to my style of trading. In the pain trade, the pain is real. I’m often sitting in equity drawdowns that would make lesser men...