Jan 19, 2021A 157% Gain Over 9 months? Sign Me Up![You can skip ahead to our podcast on this same topic here] Looking at this return for a trading system, you might surmise that this trading strategy was incredibly active. The equity curve is too smooth to be from one stock. It must be a highly active strategy with tight…Trading2 min readTrading2 min read
Aug 20, 2020Reducing HeartburnWhen all your options have been exhausted, make more options. There’s always something else you can do to keep going. When the obvious solutions have failed, get more creative. You owe it to yourself, to the situation, to life, to find a way to make it work. If what has…Mindset2 min readMindset2 min read
Aug 13, 2020The Difference Between Treading Water and Making Big MoneyI shared this tweet today which was a quote from author James Clear of the awesome book Atomic Habits: … and it dovetails nicely with a discussion I had with one of my All Star Options clients recently. In conversation, it was asked of me what I plan to…Trading2 min readTrading2 min read
Aug 13, 2020There’s Always Room For ImprovementOver-caution is as bad as under-caution. Both are extremes to be guarded against. Life itself is filled with the element of chance. ~ Napoleon Hill, Think and Grow Rich Thinking in terms of hedging, the above quote makes a lot of sense to trading and investing. It’s obvious where not…Mindset2 min readMindset2 min read
Aug 10, 2020A long and joyous journey through far and distant landsIf you want better results, then forget about setting goals. Focus on your system instead. ~ James Clear, Atomic Habits This is such a contradiction to so much I’ve read from just about every achievement-related book, article, or blog post. It is constantly beat into our heads: you must set…Mindset2 min readMindset2 min read
Jul 30, 2020ReconnectingIn stillness you can hear yourself think. In stillness you can remember who you are. In stillness you gain perspective. In stillness you connect to purpose. ~ Ralph Marston As I’m winding down this week with the prospect of some upcoming vacation time filling my mind with thoughts of free…Mindset2 min readMindset2 min read
Jul 27, 2020The Journey Never EndsAgain and again I learned that lack of equity was a leading cause of failure. ~ Phil Knight, Shoe Dog It seems this is an issue not unique to the world of trading. With big eyes and full hearts, we often try to bite off more than we can chew…Mindset2 min readMindset2 min read
Jul 26, 2020My Reactions Determine My SuccessDon’t worry about what the markets are going to do, worry about what you are going to do in response to the markets. ~ Passage from New Market Wizards, Jack Schwager There are very few people in the U.S. that can look at the stock market performance since March and…Mindset2 min readMindset2 min read
Jul 24, 2020A Practice For Staying on CourseI also suggest that once every ninety days or so you take an hour to read your journal entries from that period. But don’t be overly focused on the details, like the budget meeting three weeks ago or last Thursday’s pasta dinner. Instead, focus on the broader patterns or trends…Mindset2 min readMindset2 min read
Jul 20, 2020PrideI think Pride holds me back. I’m just riffing here, but its something that has been on my mind recently. When I look back upon my career, relationships (with people and money), education, and even sports, I think in many (if not all?) …Mindset2 min readMindset2 min read