Hello bitcoin!

bitcoin logo

I first got interested in bitcoin in early 2016. Back then it was trading at $350 to $450 per bitcoin. This month it broke above $5500! I am in pain! – Why? Because I listened to the voice of caution and never got involved back then. I only acquired a minute fraction of a bitcoin this week.

Continue reading “Hello bitcoin!”

Fees can kill you!

broker fees kill

Due to two disappointing trades recently I started thinking more about exits and returns. Are 3% or 4% a good return per trade? Should I aim higher, risk having to stay in a trade for longer and potentially suffer through a temporary downturn or eventual loss? What is the effect of trading fees on my returns?

Continue reading “Fees can kill you!”

Expectancy – Reward for invested effort


Expectancy is suggested to be an even more important metric than accuracy to evaluate your trading performance. I see it a bit like a contractor’s day rate – the pay per unit of invested time with effort and experience being factored into the charge. Only that expectancy denotes your pay per trade with invested time and effort being rewarded (or not), and it is more of an average rather than a guaranteed amount per unit.

Continue reading “Expectancy – Reward for invested effort”