The Traders Journal

The Art of Selling Well: Part I

by Gatis Roze

In its most elemental form, selling is an inner struggle that deals with an investor’s ability to tame two wild horses: one’s own inner fear and greed. In his book Trading in the Zone, Mark Douglas wrote that an investor must address four types of fear: losing money missing an opportunity leaving money on the table being wrong Although I agree with Mark, there is much more to understand before an investor earns his “selling badge”. Read More 

The Traders Journal

The World's Greatest Hobby: Trading in Hawaii

by Gatis Roze

I’m sitting on the lanai of a condo here at the Mauna Kea on the Big Island of Hawaii watching the sun peek above the ocean horizon, and I’m digging into the question of why a disproportionate number of my winning trades have occurred on these vacations. My journals have notes written in Hawaii over a couple of decades and several dozen trips. The results are indisputable, but why? Some observations:   In the morning, listening to the Hawaiian birds and feeling the warm breeze is a Read More 

The Traders Journal

Your Canary In the Trading Room

by Gatis Roze

In the sports world, parties debate whether a premiere defense defeats a premier offense or whether great hitters beat great pitchers. Successful long-term investors have no such debate. They know that after making sacrifices to accumulate their assets, they build a premier defense first and then they focus on offense or asset growth. Most of the reasons are apparent. Others are less obvious but perhaps even more important.  One of the keys to maintaining and growing wealth is avoiding anxiety. Since I manage only my own family money, I am often asked by Read More 

The Traders Journal

Tensile Trading: The 10 Essential Stages to Achieving Stock Market Mastery 1st in a Series

by Gatis Roze

Warren Buffett once said, “You only have to do a few things right in your life so long as you don’t do too many things wrong.”  The objective of this new series of blogs is to increase the probabilities that you will do more “things right” and fewer “things wrong” as an individual investor.  I’ve been an active investor for over 40 years – the past 25 years as a full-time trader.  Essentially, this series of blogs is as if you’d been peering over my shoulder all that time, witnessed what was consistently profitable and embraced those elements by Read More