As my post-analysis continues, I am seeing patterns of mistakes emerge. As I continue with these blog posts, I am going to begin to define rules that I will incorporate into my trading plan to counteract my mistakes. The rules will be specific to my own approach and objectives. This is an ... READ MORE
About the Blog
Even veteran investors make mistakes. Private investor, Frantz Herr, presents examples of mistakes he has made in order to help pinpoint bad tendencies and work on correcting them. His mistakes may help you recognize similar issues in your own trading or reinforce those things you are doing right. These are all actual trades.
Following my process is my measure of success. This is what happened earlier this year when I decided not to follow my process.
I get my stock ideas from a number of screens I run each week that produce trading candidates that satisfy various CANSLIM growth stock criteria. I then ... READ MORE
In the Wyckoff method, we know that a trading range environment is the cause building condition that leads to the eventual effect of exiting the trading range. As Wyckoff practitioners, we study the trading range to determine its bias (bullish or bearish), and to judge the timing and character ... READ MORE
Understanding the condition of the overall market is essential to trading successfully. Most individual stocks move in the same general direction. The Wyckoff method provides a wonderful framework for understanding the behavior of individual stocks as well as the overall market. The next ... READ MORE
Important Disclaimer - PLEASE READ:
The materials presented in the Lessons from Trading (Mistakes) Blogs are for educational purposes only: nothing contained in any of these materials should be construed as investment advice of any kind. REGARDLESS OF ANY LANGUAGE IN ANY LESSONS FROM TRADING (MISTAKES) BLOG POST, NEITHER THE LESSONS FROM TRADING (MISTAKES) AUTHOR(S) NOR WYCKOFF ASSOCIATES, LLC, NOR ANYONE AFFILIATED WITH THE LATTER ORGANIZATION IN ANY WAY IS RECOMMENDING THAT YOU BUY OR SELL ANY SECURITY, OPTION, FUTURE, ETF, OR ANY OTHER MARKETS MENTIONED. There is a very high degree of risk of financial loss involved in trading securities. You understand and acknowledge that you alone are responsible for your trading and investment decisions and results. Frantz Herr, Wyckoff Associates, LLC, www.wyckoffanalytics.com, Roman Bogomazov, and all officers, staff, employees, and other individuals affiliated with Wyckoff Associates, LLC, and www.wyckoffanalytics.com assume no responsibility or liability of any kind for your trading and investment results. It should not be assumed that investments in or trading of securities, options, futures, ETFs, companies, sectors or any other markets identified and described in these Lessons from Trading (Mistakes) Blogs were, are or will be profitable.