I’ve had several people ask me for more details about my trading process and the software that I use. Hopefully this post will answer those questions. Please leave any other questions n the comments section. I’m going to run through the hardware and software that I use as well as how I manage […]

What a coincidence (do coincidences actually exist???) that just as I’ve been thinking more about money management Worden has had a run of users writing in about money management. Here are some of those letters which were published in the Worden Report (emphasis & links added by yours truly):

Tags: 80/20_Rule, Exits, Expectancy, Kelly-Criterion, Money Management, […]

(Edit: You may also be interested in my article detailing how I trade as well as my hardware and software setup.)
I’ve been exclusively day trading for almost three months now. The switch from swing trading has been quite an experience and I’ve had a few ‘light bulb’ moments along the way as you’ll […]

You know how I love the money management aspects of trading — here’s a must-read article by Michael Taylor on scaling out of trades.

I’ve gotta write another one of these reminders to myself to take partial profits. I had a real nice trade going early this morning when I bought 1,000 shares of NYNY at $4.94 (I took the ‘dummy‘ entry as it rose above the highs of the 9:45 candle). The stock proceeded to run […]

I decided to sell half of my PARL position yesterday once it hit a 10% gain. Taking partial profits is something that I’ve got to get better about doing, especially in choppy markets. I still want to try to let my winners run but at the same time I don’t want to give […]