New Trader, Rich Trader has been called “The Rich Dad, Poor Dad of trading books”. I wrote this book after reading hundreds of books on trading and reviewing them all on Amazon. The purpose of this book was to combine the universal principles used by successful Rich Traders into one book. This book was given […]
The Rich Dad, Poor Dad of Trading Books? Read More »
I truly admire author and trader Darrin Donnelly for bringing the system that Nicolas Darvas used to make over $2 million in the stock market into modern times by really setting more precise metrics for the Darvas system. He uses moving averages we have today to look at possible price supports in addition to the
The Darvas System in a Nutshell Read More »
What were the greatest trades of all time? Who made them? Here is a list of the who, what, when, where, and how of the greatest trades that were ever made. While the risk management while executing many of these trades is not what many traders would want, we can see many of these
Top Ten Trades of All Time Read More »
New traders and experienced traders alike both wonder about who they should follow on twitter to help them in their trading. We do not have time to waste looking for the traders that are truly real and helpful. We are in luck, Investimonials.com has given everyone that signs up for the site the ability to
Top Ten Traders on Twitter? Read More »
John Boik’s book Monster Stocks is in the lineage of Willaim O’Neil and Investors Business Daily and the CAN SLIM investment style. Not only has Mr. Boik written books about how legendary traders made millions in the stock market, but he also wrote this book about the stocks that made many traders a great deal
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You have a great stock you want to buy but it is in a sharp uptrend. It has already formed a price base and broke out and has been in a continuous uptrend making higher highs and lower lows. Where do you get on board? What is your second chance entry? Well you can wait
The 2nd Chance Entry Point if You Missed the Breakout Read More »
What’s not to love about Apple? Earnings growth, check. Long term supports on charts, check. Low P/E ratios with great growth for those that care about such things, check. Does it always, always, come back and push at all time highs? For many, many years, yes! Innovative world changing products? Well just little things like
Why every style of trader should LOVE $AAPL Read More »
Investors Business Daily has spent many years of in depth research to determine what works and makes money in the stock market. Below is a summary of their research from 1880 to present day. Also a video is included that summarizes these principles. Buy high and sell higher. Sell short when a stock has gone
Ten Principles for Successful Stock Speculation via IBD Read More »
Here are the 18 principles of successful trading that I have learned from the study of rich traders and my own successful trading in the markets over the past 30+ years. Some of these principles will seem counter intuitive and may leave new traders scratching their heads until they fully understand what they really mean.
Rich Trader’s 18 Principles for Trading Success Read More »
This is a book review for William O ‘Neil’s “How to make Money in Stocks.” After reading over 200 books on stock trading and investing, and reviewing them all on Amazon.com. I believe this one is the best of breed for clearly explaining a method for investing and trading growth stocks for profit. It gives
The #1 Book on a Specific Investing/Trading Method? Read More »
This article is for momentum traders, CAN SLIM traders, and Darvas Traders. Trading break out stocks is a great way to make money in the right up trending market with the right stocks. Apple and Google are up to their old tricks, taking over whole markets and laying waste to competitors. Their charts are just
Dan Zanger’s 10 GOLDEN STOCK RULES Read More »
In trading you have heard that bulls make money, bears make money, but pigs get slaughtered. Here is a more expanded truth: Traders that have the right mind set, money management, and winning method make money, those that are missing even one of the three, will eventually ‘blow up’ their account. This applies to both
The 10 Elements of Successful Trading Read More »
Here is some great trading advice I have gathered around the web. These were either answers from real traders to the question “What is the best trading advice you ever received?” Or it was advice given be successful traders when asked “What one piece of advice would you give to traders?” There are some gems
The best pieces of trading advice Read More »
This interview really takes you into the mind of a rich trader who has made millions with momentum trading. This method is not for everyone but if you can click the buy button like Dan Zanger or Nicolas Darvas during true bull markets with stocks in companies that are world changing, you can be a
Rich Trader: Dan Zanger Interview Read More »
While pure trend followers and technical analysts will not agree with all of Mr. Baruch’s principles it is interesting to read through them, they are the same as some of the top traders and investors of our age. Some of these all traders can agree on. Bernard Baruch was a millionaire in his
Bernard Baruch’s 10 Trading Rules Read More »
Apple is just too big to keep growing. The droid is taking market share from the iPhone. Can Apple keep its dominance with Steve Jobs passing? I say yes, absolutely, this company is the modern day monopoly that is just so big and so good it gobbles up competitors with no effort. Its only real
10 reasons $AAPL can go to $500+ in 2012 Read More »
Trading is not all fun and games. We do not make money every day and certainly not on every trade. It is not like other careers or jobs where you work and then get paid. Our pursuit is more like the life of an entrepreneur. Our idea may work or it may not. The
Overcoming the Top 10 Pains of Trading. Read More »
Many new traders launch into trading with great excitement and with an urgency to start making money right away. To this I would like to say , whoa there cowboy. There are many things to consider. The markets are not an easy place to make money at will, it is a zero sum game. Which
The Top 10 Mistakes New Traders Make Read More »
How did author and investor Chris Camillo turn $20,000 into $2 million in only three years during a bear market? It was not luck or accident as he has been studying the stock market and investing in the stocks that make money for many years. Chris has had a fascination with investing since he was
Another Real Modern Day Nicolas Darvas Millionaire Read More »
If you are just randomly trading what you like with no real underlying system, method, or planning, then unfortunately, your odds of success in the long term are slim. It is crucial that you create for yourself a system or methodology that enables you to trade in a way that historically wins, controls risk, and
Ten Questions to ask Yourself Before Every Trade. Read More »