Holding through earnings with stock is gambling in my opinion. A price can go either way, it is a 50/50 bet based on the perception of earnings versus the expectations of investors and traders. Blow out earnings can still cause a down move if they do not beat by enough and the the stock […]
The 5 Reasons I Do Not Play Earnings Read More »
Google is at an inflection point in price both at the 50 day moving average and the $800 century mark, it can rebound with another leg up to get back to all time highs at $840 with all the earnings expectations for future products like Google glass and Google fiber or it could correct back
How I Will Be Playing Google From Here Read More »
This should be another interesting week ahead. From the view of the longer term time frame this is a later stage bull market that is growing more volatile. Trend following traders that trade off the longer term moving averages like the 50 day or 200 day moving averages have done very well this year
Trading coach Van Tharp has a trading game he lets his students play. In a class of 20 to 30 people he will pull different color marbles out of a bag to determine whether the classes trades are winners or losers and by what multiple. There are overall more winning marbles than losers marbles in
Surviving the Trading Game Read More »
Traders must have rules and trading plans because in the heat of trading when emotions flare up that is when greed, fear, and ego can easily hijack the trader. Traders all have many different conflicting parts that can interfere with trading execution. The need to be right, the need to
The Top 10 Questions Traders must ask to Protect Them from Themselves. Read More »
This book is great for all the readers of Jack Schwager’s Market Wizards series. For the readers of that series that want a more specific actionable trading method here we have one of the world’s premier stock market traders right out of one of Schwager’s books giving us his methods, step by step. Mark
How To Trade Like A Stock Market Wizard Read More »
Those familiar with Ed’s Whipsaw trading song will not be surprised to find him back playing music a few months ago. Here is the legendary trader Ed Seykota playing music recently with his son. If you are not familiar with this Market Wizard check him out here: Wikipedia.
What Market Wizard Ed Seykota has been up to lately: Read More »
Carley Garner is back releasing a 2nd edition of her book “A Trader’s First Book on Commodities.” This edition has a new expanded introduction that deals with the recent changes in the industry regulators have enacted to protect brokerage clients with the recent failures of MF Global and PFGBEST along with what you can do
Commodities Trading 101 Read More »
Discretionary Traders Vs Systematic Traders In the classic Star Trek movies and television show Captain Kirk believed in his abilities to make the best decisions in the circumstances he found himself in. Mr. Spock contrasted against Kirk’s leadership style by using logic and reason along with probabilities of success to make the best decisions. These
Do You Trade Like Captain Kirk or Mr. Spock? Read More »
The market and many stocks closed very near to key short term resistance levels today. Many were rejected instead of breaking out. This market has recently been rewarding longer term perma bulls and punishing shorter term momentum traders. The major indexes have settled into a shorter term range and we may need some consolidation here
Five Key Resistance Levels to Watch Tomorrow Read More »
