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 […]
Author: tradermedic
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, […]
Solid start to 2024
Super happy with my start to 2024. My strategy was always sound, but now with a laser focus on risk management and patience on entry, we are seeing some great consistency finally! See below, green is green days, red is red days. The can see below my lack of risk […]