CPA JOSS

Martin: I have a horrible migraine. Prison guard: A bottle of Advil is $750,000 It's easy to lose sight of the dangers of trading when things are going well. A few good trades and you are invincible. But it only takes one bad trade to wipe all the profit away. Anybody remember KBIO? A novice trader shorted the $2 stock. The next day it gapped up eight hundred percent. His account

Aristotle said excellence is not an act, but a habit. What he was telling us is that excellence does not begin fully formed, but builds over time through habit. Excellence does not start excellent. Dream big, but start small. With one. At the beginning of the year I told a skeptical friend that by year end I would do 300 pushups without stopping. He shook his head and said "nope", so I

I recently engaged in an interesting chat with a novice trader this weekend. It got me thinking about the fallacy of backtesting and why I don't rely on past statistics.  You heard me correctly. My take on backtesting is controversial and puts me in the minority. Some have called me an idiot for this view and I don't mind at all. The majority is often wrong, and I've made a career out of