Portfolio Management Software
The one thing I can think of that most affects both trading and investing has to be self-discipline. Being disciplined is fully 50% of the job of trading or of investing. I don’t care how good your trading system is, without the discipline needed to follow the system you don’t […]
Using each for the best fill By Jim Wyckoff. A customer signed up for my service the other day and was asking me about stops and different types of market orders. They were good questions and they reiterated to me the fact that I have subscribers that range from seasoned […]
Once you’ve decided on portfolio objectives you can begin to think about what trading instruments and assets you’re going to invest in order to reach your portfolio objectives. Please note this is not the stage of the design process to think about which companies to invest in but to select […]
This tutorial written and reproduced with permission from Peter Ponzo When I first saw the movie A Beautiful Mind I hadn’t heard of John Nash. So I browsed the Net to see what won him the Nobel Prize … a paper which Nash apparently described as his most trivial work! […]
This tutorial written and reproduced with permission from Peter Ponzo Here’s the scenario: We have no shares of stock, but $10,030 in our pocket. We buy 1000 shares of stock at $10.00 per share + $30 transaction costs. Total cost = $10,030. Now we have 1000 shares of stock and […]