Newsletters
Spooky Stock Market Terms
Halloween is just around the corner, which means it’s time to review some scary stock market terminology. Halloween Effect: the seasonal phenomenon in that investors jump back in the market at the end of October after a summer of vacationing, the antithesis of “sell in May and go away.” Winner’s Curse: the concept of overpaying […]
Good Faith Violations
Day-trading comes with certain rules you need to understand and abide by, lest you get slapped and told to sit on your hands for the next 90 days. There is no worse punishment for a trader than not being able to trade. A “good faith violation” (GFV) occurs when a trader buys a security and […]
Acquiring Patience
I was never a patient person. All my life, I had to have it. Now. I always seemed to have too much to do and not enough time to do it, so everything had to be done. Now. It drove my parents and everyone around me crazy. When I got older, I knew this was […]
How Presidential Elections Affect the Stock Market
With only several weeks away from the Nov. 5 election, the presidential race is as heated as ever. The polls show a very close race, especially in the battleground states where neither camp has any significant lead. Over 67 million people watched the latest Trump-Harris debate, which appeared rife with lies, name-calling and moderator bias. […]
Dangers of Same-Day Expirations
It may sometimes sound like I denounce any strategy that is not fitting to what we do. Actually, I don’t. But I have tried so many different systems to make money on the market, that now I focus only on what works best for me with the least amount of risk. One such strategy that pops up frequently is […]
SPY Kids
To most people, “Spy Kids” conjures up memories of a kids’ movie franchise created by Robert Rodriguez back in the early 2000s. To us, SPY kids is a reminder of a quirk in the legal structure used to set up the SPDR S&P 500 Exchange Traded Fund (ETF) Trust, commonly known as SPY. Today, these […]
Shhhh… Don’t Tell Your Spouse!
Now, to be clear, I do not advocate keeping secrets from your husband or wife. Honesty is, and always will be, the best policy. But I do want to also be clear on the fact that, ahem, how should I word this… the male trader ego is a strong force that likes to brag about […]
Getting Wealthy, Staying Wealthy
Many traders can make money. Few, however, are masters at keeping it. There are as many different strategies for creating wealth as there are, arguably, for staying wealthy. Charlie Munger of Berkshire Hathaway defined wealth as “the freedom to do what you want.” Sounds like something we all could agree on, but how does one […]
Circuit Breakers
I was working for corporate America back when stocks crashed on Black Monday in 1987. While I was not even remotely interested in stocks and therefore oblivious to the market, I knew something horrible had happened, just by the outrage on the street. That chatter around the water cooler was doom and gloom as to […]
Find That ‘One Thing’
Are you experiencing a series of small successes, and then WHAM! A major loss that all but wipes out your account? Then you replenish your account and do it all over again? If this is you, find that “one thing”. That single reason it all goes to pieces. Drill down to find just what exactly throws you off. Honestly ask yourself: Do I […]
