Author Archives: markespy
The Trading Plan: Time Committment
I trade for a living now. When I was in “the real world” working for a living, I recalled an axiom that changed my view on work and life. “Are you living to work or working to live.” Psychologists tell … Continue reading
When Trading, It’s Okay to Stand Aside
Many traders feel that they must be in the market all of the time. Wrong! There are times when it is prudent to “Stand Aside”. This happens to be one of those times. The wild swings we have had in … Continue reading
7 Steps to 40% Annual Returns in the Markets
Just a couple of decades ago it would have been almost unfathomable for the retail investor to consider generating consistent returns above 20% per year. Indeed, those who competed in arguably the most competitive financial market place, the stock market, … Continue reading
The Power of Diversification
Little John was proud of his new found knowledge on evaluating companies. L. J. had narrowed his search to ATT ( About to Tank) Industries. ATT had a marvelous balance sheet, great liquidity no debt, a P/E ratio of 10 … Continue reading
Trade a System for Consistent Profitability
One day as a teenager I saw an advertisement that read, “Challenge a chess grandmaster”. A Russian chess grandmaster who was visiting my city had claimed that he could play 20 people simultaneously and beat them all. I signed up … Continue reading
Money Management: The Long Term Key To Success in the Markets
It does not matter if you know all there is to know about stock selection. Strategy mastery is not the most important skill to possess. You will be out of the game in short order if you can’t control your … Continue reading