When I trade stocks, I am trying to find where capital is flowing to. The charts generally show traders what stocks are being bought the most by their continuous uptrend. Institutions are buying stocks that have the best earnings growth prospects, because as earnings flow into the company, the stock price is adjusted upwards […]
How I Pick Monster Stocks Read More »
I was fortunate enough this year to catch the majority of the Apple move, not because I was lucky but because I have spent many years studying the greatest stocks in history and how they behave and also how the greatest traders of all time traded them. I have
Top Seven Mistakes People Make Trading $AAPL Read More »
We just finished day 26 of Apple closing above the 5 day exponential moving average, only once did it go as far down as the 10 day simple moving average and even then it bounced back rapidly. Congratulations to all long Apple traders, investors, put writers, and call option buyers,
Where does the price go from here with $AAPL? Read More »
Apple stock has given me the best monthly return of my entire 13 year trading career in February. (28.17% in February my trades are all called on twitter). Amazingly For the last 150 points in movement for Apple I have been inundated with bears on twitter and facebook telling me
Ten Questions for $AAPL Bears Read More »
If you want to know how to identify and buy a really fast moving stock and also how to hold it for the big wins then I would strongly urge you to buy How to Make Money in Stocks by William J. O’Neil. At the beginning of this book there are over one hundred
The Best Place to $Study Monster Stock Charts Read More »
I have had a great year trading thanks to my choice to trade Apple stock. I knew that it had the potential to trend in 2012 with it being such a dominating company in its industry. While fundamentals are good for building a watch list I believe that the charts
In trading there are things that cause you to win in the long term and things that cause you to even lose your account in the short term. There are ways to manage risk and there are ways to purely gamble. There are ways to think that will make you
A Trader’s 10 Best Friends & 10 Worst Enemies Read More »
In trading we must be able to do two things: manage our winners and manage our losers. If we can’t play both good offense and defense then we will not win over the long term in trading no matter how well we do with one but then fail at the
Playing Offense and Defense in Trading Read More »
For me, author, teacher, and full time trader Alexander Elder really brought my trading together in a way no other author had. He gave me the framework to build my entire trading plan around: THE THREE M’s: Mind (psychology), Method (a trading edge) and Money (risk or money management). But what does each of those
10 Things That Each Trader Must Master Read More »
For anyone interested in trading the currency markets I believe this is the perfect book as a starting place. Carley Garner has created the perfect book for anyone interested in getting started in currency trading. Whether you are an experienced trader of stocks or options looking to diversify markets you
New Trader to Currency Trader Read More »
Oh no the Dow Jones Industrial Average is down 100 points! The NASDAQ is down a full percent! Is this the reversal? The beginning of a bear market? Oh me, oh my! Wait a minute all three of the stocks I am holding are green. They are all up in
Green Stocks in a Red Market Read More »
My thoughts on how to take another bite out of our favorite stock. In reviewing the IBD 50 yesterday for the criteria for CAN SLIM stocks I could not help but notice the incredible fundamentals for Apple. While I trade the charts and believe they tell the story better than
Is $AAPL the Best CAN SLIM Stock? Read More »
If one of the greatest traders in the world told you how to buy and sell the best stocks for the most profits would you listen? Well we have a chance to do just that with Bill O’Neil’s book “How to Make Money in Stocks”. His lifetime of research on how the market actually works
Ten Ways to Trade Like the Legendary Bill O’Neil Read More »
The hardest thing about trading is not the math, the method, or the stock picking. It is dealing with the emotions that arise with trading itself. From the stress of actually entering a trade, to the fear of losing the paper profits that you are holding in a winning trade, how you deal with those
Understanding a Trader’s Emotions Read More »
As one of the top trading book reviewers at Amazon.com, I am frequently asked “What books would you recommend for a new stock trader?” Below is a list of the top trading books from my library. Trading is about more than simply making bets, picking stocks, or even trading a system. Your success
Top Five Books For New Traders Read More »
So your stock has ran up 60 points since you bought it and it is no where near any key moving average or price support so when do we take profits as a trader? We could sell the first day that it closes at the low of the day.
5 Ways to Exit a Rocket Stock for Maximum Profits Read More »
Apple earnings are increasing by the triple digits, how in the world can a company continue to grow this fast when it is already one of the biggest companies in the world? The answer is by consuming other industries. Apple for the most part consumed the compact music player industry with its iPod along with
Fifteen Industries $AAPL has Consumed Read More »
In trading your belief system will determine whether you win or lose. Your trading method is really determined by your beliefs about the market and how it works. Choose your beliefs carefully. Trading like you are in a cult: When you trade like a cult member you believe in your stock or your trade
What is your Trading Religion? Read More »
The question is not whether Apple is going to $500 a share but when will it. Monday? Friday? Next week? Very few things in trading are a given, but the probabilities are heavily weighted that Apple will go to $500 on Monday. The only thing that can truly stop it is some unforeseen Greek crises
Is $AAPL Going to $500? That is the Wrong Question. Read More »
Trend Followers make money in the market not becasue they predict anything but becasue they buy what is going up and they sell what is going down. They discover ways to measure and react to trends based on history. Trend traders identify a trend and enter a trade with predefined risk for the trade and
The Anatomy of a Trend (7 causes and clues) Read More »