Category: Readers' Posts

This week MyTradersJournal.com has the honor of hosting the Carnival of Financial Planning, The Best Personal Financial Planning and Personal Investment Articles this Week from Personal Finance Blogs.

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Welcome to the November 13, 2009 Edition #115 of the Carnival of Financial Planning.

The Carnival of Financial Planning takes a long-term view of personal financial planning for individuals and families. We focus on efficient and sustainable personal financial planning practices that can lead to lifetime financial security. 

This edition is arranged by …

A My Trader’s Journal reader, Zino, had a great comment on my post from earlier this week where I announced my plans to start studying for the Series 65 Exam.  I started to reply below his comment and finally it got so long that I decided to move it to a post of its own.  It was a thought provoking comment since he pointed out that my move to being an advisor is …

Kadena is probably one of the readers who has been around My Trader’s Journal longest.  He’s in the US military stationed in Asia and trades while he could be sleeping.  He comments often and we exchange emails more often.  I received this from him last week and he said I could share his results from day trading.  I thought this was very interesting considering where he was just a few months ago. In September I posted …

I exchange emails with readers on a fairly regular basis and occasionally try to move the conversation to a blog post.  One of the newer readers and commenters, Josh, sent me a few good questions that made me think.  So, I figured I’d try to answer the best I could in front of everyone since others might be wondering the same questions and have more they can add to the discussion.

If the stock you purchase trades against you is there an adjustment strategy …

I received the following email this morning from a reader who asked to remain anonymous, but thought his story would be a good lesson for many others who are trying to learn how to become better traders. 

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First, I had 14K in PUTS I bought and lost 11K the day of the surge. My account balance was $38,000 end-of-May. Today I have just $8,000. I managed to lose 30K in just 3 months! Good for me! No, seriously, this …

The following is from one of my regular readers, Kadena.  Kadena is in the US military overseas and trades after he’s off duty, during his nights.  If you want to share your trade stories with everyone, you can email me with what you traded and why.  My email address is thetrader[AT]mytradersjournal[DOT]com.

Today I opened 5 different kinds of bull plays on AIG.
The first is simply bought stock in my E*Trade account for the long term, so no expiration here to worry about.  …