Cameron just left a question for me in the comments to last night’s recap. He asked: I’m looking at your way of thinking about the market. One of the biggest questions I have, though, is regarding your stops. You said you set your stop at just .20 over your short dollar amount. With all of [...]
Live to Trade Another Day
Personalized Protection
Michelle B submits: Sylvain Thibault commented: I read somewhere you never give back more than half your profits on a trade. How do you trail your stops on a day trade eg: yesterday’s MXIM. Perhaps you are referring to this excerpt from the StockTickr interview: StockTickr: What’s your exit strategy for winning and losing trades? [...]
The Soup Nazi of Risk Management
CNBC’s Dow Powwow*
Michelle B submits: Several bloggers have commented recently about CNBC’s excitable coverage of the Dow Jones Industrial Average setting a record. Since a price-weighted index containing a very small number of stocks is fairly insignificant in the trading world, why did CNBC latched onto to this relatively unimportant event? During the time of the technology [...]


