A big thing that trips up new traders is they get an entry signal at a breakout or a bounce off a key moving average like the 50 day simple moving average but have trouble quantifying how to let the it run if it is a winner or cut the loser short if it goes […]
A Market Wizard on Short Term Moving Averages Read More »
Successful traders have a plan to win. By carefully putting the odds in their favor for the long term, successful traders will overtake gamblers who rely on random trades and a prayer. If you want to win in any area of life, you must be disciplined, study, and do the hard work. There are no
A Trading Plan: Do You Have One? Read More »
We all know Apple is the stock of the century but do we just buy or do we wait? Well with all monster stocks if we are traders then we wait until an opportunity to enter arises. Entering at the wrong time can lead to buying the right stock but
Five Monster Stock:Entry Points? Read More »
I have been trading for over a decade. I have had streaks where I won for many straight years in a row with minimum draw downs, it was as if I completely understood the markets and just could not lose. But I have also had years where nothing I did
7 truths about trading Read More »
Okay, Apple is the monster stock of the last decade. It continues to dominate many tech sectors and even leaving the destruction of whole industries in its wake. One example is the compact disk as a product and the company Tower Records that was made obsolete with iPods and iTunes.
Five Good Entry Points for $AAPL Read More »
There are signs that an annoying trader online is a rookie and it is highly unlikely they have been profitable long term or a seasoned veteran in the markets. They are usually the loudest and most active, they love to jump in and give others unsolicited advice about a stocks or a markets next
10 Signs Of A New Trader Know-it-All Read More »
IBD’s 20 Rules For Investment Success aren’t based on our personal opinion or those of Wall Street experts. IBD® built models of the most successful stocks each year from 1880 to 2010. IBD studied what common factors that existed before these great winners had large advances and how they changed when the stocks topped. So these rules
Investor’s Business Daily’s 20 Rules For Investment Success Read More »
Do you use moving averages in your trading? It is very interesting to lay a 50 day and 200 day moving average on to a chart for the past year. You will begin to see patterns develop. Bounce off the 50 day, a last chance for support at the 200 day etc.
Ten things traders need to know about moving averages. Read More »
Many times holding leading stocks through earnings is more like placing chips on red or black in a casino than trading with an edge. My best trades have always been playing the earnings expectations leading up to earnings not the actual earnings themselves. The dangers are plentiful,a good earnings report but not good enough and
Five Ways to Play $AAPL Earnings Read More »
There are some things we can control as traders and some things that we can not. We need to learn the difference to limit our frustration and win in this game. We can control: How much we risk per trade. How big a position size we take. What time frame we trade. What market
A Trader’s Serenity Prayer Read More »
