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I remember the day I published my last post. People called me crazy for thinking that $FB could rally above $40 a share. People said that Facebook would never reach it’s IPO point, that it was “overvalued”. Well yesterday I sold my position in $FB for almost a 100% gain. Good things take...

I love investing in web 2.0 startups. As a micro VC and former head of an internet startup in my college days I am always on the lookout for exceptional...

All professional traders know that trading is largely a mental game. I don’t think I have ever met a successful trader that said it wasn’t. That being said, I¬†experienced¬†what I call a trading overload these last couple of days. What exactly do I mean by this? Trading overload is when your life stands still because you are either Trading 24/7 (Damn currency...

Today we finally broke the correlation between the $EURUSD and the $ES_F. I have to admit that I was a little thrown off by the way it traded today as U.S. markets tumbled, only to see the $EURUSD pair run up a significant amount. This has not been typical price action over these last few weeks, and I think it is time to be patient and see what happens over the next few...

I formerly ran a website called thetradingelite.com, where I interviewed many successful traders on how they became professionals. I am proud to announce that a private buyer has bought my domain name from me, not sure what he will be doing with it, but this means I’m onto a new project and that is the Trade For A Living Podcast. I will be featuring professional...

With all this Greece drama and the financial U.S. markets not being able to make up there minds, day trading seems to be the only thing working right now, and lots of opportunities are available to trade in the $NZDUSD and $EURUSD. Over the last couple of weeks these two currency pairs have correlated with each other very closely, and my day trading method usually incorporates...

I just got into a position of $XIV as it was screaming at me to buy. The velocity shares daily inverse vix is showing some great risk/reward opportunities right now. As of today this is what the 6 month chart looks like. From the looks of the chart is might not look all the promising but when I see an extremely low price for an ETN that rises like crazy on good news trading...

One thing I always find interesting with some traders are their unwillingness to adapt their strategy to a BIG news announcement. To further clarify, when something like what is currently happening with the Euro crisis is going on, markets are going to react differently. You have to look at the market in different ways, and definitely switch to a more volatile trading...

Sometimes the best thing you can do for your trading is just be patient. When I first started trading I found that I wanted to be in a trade all the time, and I found myself taking trades that I shouldn’t have been taking. Long story short this caused my P&L to suffer big time, while the whole time I thought to myself “My strategy must be off or not working...

I just closed a very profitable trade in the $EURUSD only to watch it go my way even more the second I closed the trade. We have all done this, and at times I find myself second guessing my decision. But then I think to myself that watching this happen can actually be a good thing. How can letting potential profits slip out the window be a good thing you might ask? Because...