MUSINGS OF A SURGEON DAY TRADER
A couple weeks ago, steross245 (a visitor to this blog) referenced the book above. Let's talk about it.
Are you worried about what would happen to your securities if your broker happened to go bankrupt?
Lucky for you, there are things in place to protect you.
How do you finish your day?
Unless I'm doing something specific like an earnings play, I like to close out my trades before market close.
$4365 profit this morning in 10 minutes. Here's how I did it.
You know I like AMD. But is there a way for you to predict the next move on AMD based on the price of another stock? Yes. Of course there is.
I've talked to two people in the past week who have lost money trying to trade Tesla. Let's talk about what they are doing wrong.
Well I messed up today.
I was out shopping for most of the day. Of course I tried to slip in a quick trade at lunch time. And this is where it all went wrong...
Yes, I've heard it all before. I'm just gambling on the stock market. I'm taking on excessive, uncompensated risk. You know what? Let's do some simple math to show that you're the one taking excessive risk.
A pathologist friend of mine tweeted that he made more than me! I can't let that happen.
Here's my first trade of the morning for a quick $4624.22 profit
It's been a tough start to the year 2020. I'm pretty sure I had a combination of a viral and bacterial infection. Of the 5 trading days so far in 2020, I sat out of 2 of them. Still, I managed to squeeze out almost $6400 in profits thus far.
Ok, listen up. This is not the sexiest topic. But is very important nonetheless. It will save you money. Oh? Got your attention now? This is the administrative crap that isn't well discussed in the books. Time to perk up and get your learn on.
I retired from full time practice as a surgeon earlier in 2019, transitioning into a full-time day trader. I will be documenting my journey here.
My personal book list
A Beginner's Guide to the
How to Day Trade for a Living
Technical Analysis Explained
Trading in the Zone
One Good Trade
The Options Playbook
The Intelligent Investor