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Beating the Street – Peter Lynch’s book review

Many books on investing are trying to sell you some universal system with clear-cut rules that apply for everything and every time. Those bulletproof systems are enticing as they radiate an aura of certainty. Lynch’s book isn’t like that. Although he presents what he calls Peter’s Principles throughout the book, those are more of a “bon mots”. Some of them are more funny than practical,…

Raoul Pal’s bio and net worth in 2020

For many people interested in the world of finance, hedge fund manager sounds like a dream job. No wonder they are looking for a inspiration and Payoul Pal’s life story might be a perfect example to choose. He worked as a Head of European Hedge Fund Sales for equities and equity derivatives at Goldman Sachs, amassed incredible net worth and retired at the very age…

Is Tesla stock a good long-term investment?

You watched Tesla stock for quite some time now. Only to witness to more than double its price in the last half a year. And now you are wondering, is it still a good buy? After recent rally, it is true more than ever that TSLA is a classic example of “castle in the air” theory. Sceptics have been pointing out very often the lack…

Best leveraged and inverse ETFs that I trade

Leveraged exchange traded funds are a convenient way to invest into popular stock indexes, market segments, and even commodities, while getting extra volatility. There is a growing selection of 3 times long and 3 times short ETFs that will provide you with exactly that. If you are searching for exact performance of Standard & Poors 500, you can’t go wrong with SPY. But what if…

How did Anton Kreil amassed his high net worth?

As probably one of the most famous equity traders in the world, Anton Kreil inspired many people to pursue career in trading. While being successful a long time before it, his popularity skyrocketed after his appearance on the reality TV show Million Dollar Traders. Ever since, countless admirers are wondering what is his recipe for success and how high his net worth really is. We…

Why you should develop your own trading strategy

Being a contrarian investor is potentially very profitable yet way more risky than trading with a trend. It is a lot easier to take advantage of a herd mentality and go with the crowd. But I would not choose a popular strategy to do so and always rather invest the time and effort into creating my own trading strategy. Your profitability might depend on it!…

What goes up when stocks go down

There are several classes of assets that appreciate during most stock market declines. Important thing to remember though is that there are always exceptions to the rule. Take the financial crisis of 2008 for example. While some stock market crashes force more people into real estate, pushing prices of rentals up, last big downturn was caused by the real estate bubble in the first place…

7 most common trading mistakes

All of us make them to a certain extent. I am talking about common trading mistakes. In this blog post, I compiled a list of the 7 most common and most costly mistakes that traders are often inclined to do. Funnily enough, it is not just beginners who are prone to them. Just making sure you avoid all seven of them, as listed below, should…

Why day trading is a bad idea and what to do instead

In this article, I will explain why trading full-time is the last thing you should do. And I mean exactly that. If you have your mind set on day trading, I can’t and I won’t stop you. But there are several other approaches to investing or speculating in the stock market that might work better for you and here is why. 1) Day trading stocks…

Passive income is real but dangerous

I became mesmerized by the idea of passive income in my early twenties, after I read Rich Dad, Poor Dad. The whole concept of how rich people let money work for them, instead of working for money, opened my eyes. There were only two tiny obstacles on my way to financial freedom. I did not have a large capital to work for me, neither I…

About Me and this Blog

Hi, my name is Mike and I am an amateur trader and investor. I started this investing blog to share my thoughts, opinions, and a lot of useful information I came across during my journey to become a successful trader.

You can find here articles on traditional methods like technical analysis and money management but also more elusive topics, such as how psychology affects financial markets and our own investing results.