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This blog is a theoretical trading exercise that started in my mammoth best seller: Basic Trading: ‘ A Beginner’s Guide to Trading and Investing…PROFITABLY!’ Available by clicking here: https://abeginnersguidetotradingandinvesting.gr8.com/offer_page.html And has been continued on this page. I only report trades during the week: whether we are buying or selling, position size, stops, profit or loss […]

Well, here we are again my fine feathered friends, the Weekly Round Up…Welcome! As you both know, this blog is a continuation of a theoretical trading exercise started in my mammoth best-seller: Basic Trading: ‘ A Beginner’s Guide to Trading and Investing…PROFITABLY!’ Available here with a series of videos: https://abeginnersguidetotradingandinvesting.gr8.com/offer_page.html The portfolio started at $100,000 […]

We added a new trade yesterday. That gives us 4 open trades of the five instruments we follow. Oil has also closed above resistance meaning if the price rises above $34.72 (UCO = UP for oil) we will be triggered in. Before we look at the chart and details for the latest trade to trigger, […]

Wow, it looks like we made it from one Round up to another without anything in between: no new trades, the three under way continue to trundle along. Obligatory introduction. Briefer than usual because it turns out this is not a time of reading. I started a theoretical trading exercise in my book: Basic Trading: […]

Welcome to this week’s Round Up. It is the time of the week that we review the charts for the five instruments we are following and trading. I also like to reset what we are doing here. It all started with a gem of a book by me that details all that is needed to […]

Welcome to a Wednesday – Wodin’s Day – edition of this trading exercise. As both of you know I only interrupt your watching of Game of Thrones or Breaking Bad if a trade has actually taken place. At the weekend we look at everything. As mentioned we were waiting for UDN to close above resistance […]

Welcome to the Weekly Round Up! At this time of the week I like to review the charts for the five symbols we trade and in general reset matters for you pokey puppies who are just getting here. I have a book out, Basic Trading: “A Beginner’s Guide to Trading and Investing…PROFITABLY!” In that book […]

To make sure your interest stays jacked up, I limit my comments to actual trades. I like to accompany these pearls with a chart. Dollar Index: UDN = DOWN, UUP = UP The dollar index is actual a struggle between the U.S. Dollar and a weighted basket of select global currencies. When the price rises […]

Here we are at the weekend once again, a time when you lucky types get a looksee at all the charts whether there was action or not. Background: This exercise is a continuation of the trading exercise that was started in my Basic Trading book using only 5 symbols and a simple trading method. This […]

Yesterday UGL was triggered into a trade. We reviewed the position and the risk position. Today I wanted to take a slightly closer look at the trailing stop we employed to mitigate our losses should this trade go against us. One of our ironclad rules is that we never place a trade without a protective […]