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 order to “safely” day trade. […]

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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 profitable event on CNBC or […]

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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 for “Buy the F-ing Dip.” And if you […]

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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 third title in his “Sports […]

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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 wince and cry uncle. I’m […]

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The Market Speculator’s Only True Edge

…is more easily attainable than one might think. As I reflect back upon my trading in 2015, there is as much to be happy about as there were hard lessons and painful “aha!” moments. Anyone who listens to my trader interviews on StockTwits’ The Must Follow podcast has no doubt been treated to the occasional small anecdote about […]

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My Interview with Futures Trader Peter L. Brandt

[originally published on medium] “I am wrong 60% of the time. This means that my default emotional expectation on a trade should be that this [next] trade will be a loser.” ~ @PeterLBrandt Peter Brandt loses on 60% or more of his trades. He’s run the numbers and his win-loss rate over 29 years is […]

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