I haven't updated my blog in a while because I have been neck deep trading this market. Back on Sunday, August 19th, I sent the following email to the people who attended my seminar earlier this year. Rather than typing up a new blog post, I simply copied and pasted the email because my stance [...]
For you technical traders out there, in the following video I discuss waiting for a proper base to form and avoiding "later-stage" bases. Enjoy the video and good luck trading! Follow me on Twitter @jfahmy Follow me on StockTwits @jfahmy
From all the reading I've done, amazing people I've talked to, and my own life observations, I've come to the conclusion that: Confidence is everything! No matter what you do in life, you have to believe in yourself and maintain a strong state of mind...especially if you're a stock trader. Stock trading might be one of the [...]
About a year ago, Howard Lindzon (the StockTwits CEO) appeared on CNBC. The reporter asked him: "Can you learn about someone through their tweets?" Howard responded: "Of course!" The reporter completely disagreed and said: "If a person has no picture, a random Twitter handle (such as @stocktrader####), and is completely anonymous...how can you discover ANYTHING [...]
1) My number one trading rule is: PROTECT YOUR CAPITAL. Always think defense first. If you don't protect your money, you'll have nothing to trade with when a new rally begins. 2) Just as important is PROTECTING CONFIDENCE. Too many traders get killed and chopped to death during corrections. Unfortunately, when the new uptrend begins, [...]
Whenever I attend investment conferences or speak to a group of traders, there are always a few people looking for the "Holy Grail." In other words, they are searching for some magical formula or a crystal ball to tell them when to get in and out of the market. I have news for you: IT DOESN'T EXIST! [...]
A friend emailed me this story recently. I would happily give credit to the source, but I have no idea where it came from. I hope you find some meaning in it as I did when I read it... When I got home that night as my wife served dinner, I held her hand and [...]
I am a huge fan of Oprah Winfrey and Tony Robbins. So, when the two of them decided to combine forces for a 2-hour Lifeclass special last week, it was a no-brainer to watch and absorb their wisdom. There are hundreds of lessons they have taught me over the years, but here are a few that [...]