Comments on: So you want to be a stock trader? Finding a Trading System & Dealing with Emotion (Part Two of Many)

By: Goode Value Investing & Trading Blog » How I Stopped Stockpreacher’s Alanco (ALAN) Bull Raid

Thu, 29 Apr 2010 23:44:27 +0000

[...] I have mentioned repeatedly in my articles on becoming a stock trader (Part 1, Part 2) and in my Introduction to Evidence-Based Investing, the bane of any trader (or investor) is [...]

By: Michael Goode

Michael Goode — Mon, 10 Aug 2009 21:59:44 +0000

Jamal – check out my “Trading Profits” page on my Reapertrades blog. http://reapertrades.com/trading-profits/

By: Jamal Chahboune

Jamal Chahboune — Sun, 09 Aug 2009 16:24:40 +0000

hey michael,

thanks for sharing this with us. i am aware that you are having a lot of success trading like tim does, but i just wanted to know if you were having any success trading like Muddy? i’ve looked into him and the blog a few times, but their is no covestor, testimonials, audit etc.

if you could let me know your experiences with it, i would be very thankful.

By: So you want to be a stock trader? Finding a Trading System & Dealing with Emotion (Part two of many) « Reaper Trades

Tue, 28 Jul 2009 15:24:45 +0000

[...] Short BRK-A and long BRK-B. This article was originally posted on my investing blog on 2/7/2009. I have paid Tim Sykes money, have successfully used his system, [...]

By: Michael Goode

Michael Goode — Sun, 12 Jul 2009 21:33:25 +0000

PhatDogMan – We really don’t have enough details of how Livermore traded to flesh out a full trading strategy. Even if we could it would be pointless; the market has changed drastically over the last 80 years. Just a couple examples of the differences are the rise in computerized trades, the disappearance of blatant stock manipulation by ‘pools’ and the decline of the importance of individual investors and the rise of institutions.

By: PhatDogMan

PhatDogMan — Sun, 12 Jul 2009 20:00:59 +0000

Michael,
I was wondering what you think of Jesse Livermore’s strategy. From what I gather, he entered a position by speculating in the commodities markets. He got in on a trend and added to his position if the trend continued. He avoided sideways markets and bet big on trending ones.
Is this swing trading or is it more?
Would you consider it a good system?

By: Yngvai

Yngvai — Sun, 05 Apr 2009 20:56:06 +0000

I just wrote a few blogs that expand on some of the ideas you introduced here, Michael. I also link to this particular post in one of them.

By: michael

michael — Thu, 26 Mar 2009 12:33:42 +0000

I think I was pretty clear in the first article in this series why people lose money: it is hard!

By: it's me

it's me — Thu, 26 Mar 2009 06:08:25 +0000

All these sites tell people how to make money. Yet all the stats say the vast majority of people who day trade lose big time. Something isn’t connecting here. Don’t intend to be rude. But I can’t help but wonder, if its so easy, how come almost everyone who tries loses their butts?

By: Feb 10th Update aka You need a trading plan - RamtaJogi

Feb 10th Update aka You need a trading plan - RamtaJogi — Tue, 10 Feb 2009 21:04:20 +0000

[...] a series on ‘You Want to Be a Trader?’ and in his most recent post he talks about having a trading plan and discipline to follow it. After reading that post, I realized that I don’t really have a trading plan. [...]