TraderJunkie

Portfolio Value: $1556 I am completely out of all of my positions, I had to get out of EDEN because SOGO was going to sell off my positions if I didn't sell them myself by today (stupid SOGO rule: don't like if you short stocks under $5) Anyway, my first month is officially over as of yesterday and what a wild ride I have been on. I started out good, had a couple of big losses, built the portfolio back up and again I am back below square one. It has been a huge wake up call, when I was paper trading I was ... Read Full Story

I was just cruising through stock websites and came across theimpatienttrader.blogspot.com . I heard his interview from traderinterviews.com a week or two ago and was impressed, but never has a chance to really look at his website. On the title of his website it list characteristics that a good trader will do and he list them, here they are: 1. Always wait for the setup: No Setup-NO Trade. 2. Knows that winning trades work almost right away. 3. Never takes a big loss. Sell it and start over. 4. Takes small loses regularly. Winners will come. 5. Lets the stock keep working until it ... Read Full Story

If you haven't heard the new interview at traderinterviews.com, you need to check it out immediately. The interview is with a former hedge fund manager who has been in the industry for over 25 years, he writes daily on his blog at upsidetrader.blogspot.com . In his interview there were a coouple of key things he touched on that really hit home: -"You should never try to press yourself or your trade to try and catch up." That is my problem, if I lose one day, the next day I try and make it all back up and more and I end up losing more, ... Read Full Story

Wikizines are interactive magazines that anyone can create or edit - and this one is called "TraderJunkie". Here you can find fresh voices and respond in real time. Some members write articles about recent news and trends related to the wikizine's topic, others recount relevant personal stories or share their favorite pictures and video clips. Got an interesting idea or story to share with other members of this wikizine? Well, then put on your journalist's cap and add your own article! Read Full Story