Every trader has their set of rules, born from the hard-earned lessons of the market’s relentless classrooms. One such rule that I, and many others, hold dear is to avoid trading on Federal Reserve announcement days, colloquially known as “Fed Days”. These days, when the Federal Reserve, led by Jerome […]
Author: tradermedic
The Costly Mistake of Trading While Unwell: A Cautionary Tale
In the realm of trading, discipline, clarity, and emotional stability are paramount. Yet, even the most seasoned traders can find themselves at the mercy of an unexpected adversary: illness. This is a story about a costly mistake made during a period of sickness, a testament to the importance of trading […]
Travel Trading – It’s not easy!
Embarking on a journey to Playa del Carmen, Mexico, with visions of blending the tranquility of vacationing by the beach with the thrill of stock trading, I found myself ensnared in a web of challenges that tested my resilience and strategy in ways I hadn’t anticipated. This experience unearthed the […]
Introduction to Options
Day trading options can be a lucrative but complex venture, requiring an understanding of various factors that influence option prices. Among these factors, the “Greeks” and Implied Volatility (IV) are crucial for traders to monitor and understand. In this blog post, we’ll demystify these terms, helping you read option quotes […]
Turning Reflections into Lessons: Navigating a Red Day in Day Trading
In the dynamic world of day trading, not every day is crowned with success. Today was a vivid reminder of this reality, as I navigated through a series of trades that ultimately led to a red day. The journey through today’s market was a mix of anticipation, execution, and retrospection, […]