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Belanger Trading

Josh Belanger

How trading the markets looks from an ex-Wall Street trader -- the good and the ugly.

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Substack
PricingOnly free issuesPublishesTwice weekly
Issues461Founded3 years agoLast Issue2 months ago
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Latest Issues

Right thesis. Wrong timing. -$8,300.

Most of my trading journal never gets published. But last week I took an $8,300 loss — and how I handled it is exactly why risk management matters more than any single trade.

Thu Feb 26 - 3:47 PM

Thought Monday was going to be a slower t...

2 months ago

The $80,000 Cancelled Trade

8:15 PM EST

Was about to go work out, but then I got a ping. It’s Henry.

“You’re going to be sick to your stomach.”

Oh great. I quickly look at the futures, did they sell off? Did US bomb Iran?

Nope, futures are flat. The typing bubble...

3 months ago

Systems don't have feelings :(

Tue, Feb 3 - 6:32 PM

It’s 40 minutes into the session.

The JPM trade I bought right before yesterday’s close is already up 100%.

+$10,300

Bought after the Bull Surge trigger confirmed. 4-2 over the last two years with 286% total ret...

3 months ago

Congressman Sells UNH. So Did I. Stock Craters.

Tue, Jan 27 - 8:18 PM

UNH down 20% in two days — dodged a bullet.

I got out of my position on Monday.

Bought it back for $3.00 per spread. 25% profit. Didn’t hit the profit target of 50%.

Not because I saw it coming. Because I rather be...

4 months ago

The Biggest Hypocrite on the Call

Thur, Jan 9 - 7:45 PM

Had mentorship call earlier. Asked everyone to share takeaways from last year.

Every single one picked something they did wrong.

Not one mentioned a win. Not one said “I caught that breakout” or “my read was right.”...

4 months ago

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  • Josh Belanger

    ex-Wall Street trader. Qtd. in WSJ, Bloomberg, & Reuters. Here's what I'm trading \ud83d\udc47

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