You Bought the High

Oops, You Bought the High I have seen and heard this many times from new traders. They buy right at or near the high of the day or sell at or near the low of the day and they can’t believe it. Either their emotions or trading strategy had them entering the market at the worst possible price, which is obviously not ideal. The focus of this piece is to understand why this happens and how we can correct that and also profit from it. As I mentioned above, there…

Best Kept Secret

Know the Best Kept Secret Having been in the trading and investing business for more than 20 years now, I have seen arbitrage opportunities come and go, a real strong edge or two fade away, rules or regulations close a loop hole to some free money and so on. Like anything in life, strong and easy opportunities to profit financially typically don’t last because enough people find out and compete for that opportunity, and it’s that competition that eliminates the opportunity. Today, the biggest edge that offers real strong consistent…