In trading activity alone does not make money, the right activity at the right time is what makes money. Many times the right thing, is to do nothing. In your actual trading you have to do four things very well to make money. You have to know when to get in. Only enter trades that […]
To Trade or Not to Trade: The Most Important Question Read More »
My trading consists of trading existing trends wherever they are. There is nothing I like better than to find a stock or ETF breaking out to all time highs or breaking down to all time lows after being range bound. I also like to buy off key supports in longer term trends like the
The Anatomy of a Trend: 10 Guidelines Read More »
The forward written by Jeff Pierce for my new book “Show Me Your Options!” Steve Burns and I met by chance, however it was inevitable that we would bump into each other given our similar trading styles and how active we are on Twitter in our niche. I was looking for someone to contribute
Stock Options: Where Do You Start? Read More »
In trading the money is not in opinions it is in following the actual price action and going where it takes you. The long term money is not in the big bets it is in controlling your risk so you can keep some profits. The money is not in being
I Will Show You the Money $$ Read More »
Just like members of the US Army Special Forces stand out as being special for their green berets, stocks that have green prices on days when the majority of the market is in correction are very special also. These are ones to add to watch lists, study charts, look at
The Green Berets of Stocks Read More »
Just about every new trader who launches into trading before doing the proper homework ends up ‘blowing up their account’ which is generally considered suffering a 50% or greater draw down from their original equity starting point. Some of the signs of being in danger is just trading your opinion
Trading: The Art of the COMEBACK Read More »
In trading focus is crucial. You have to know who you are as a trader and exactly what your method and trading plan is, and you must follow it. In trading discipline makes money, focus makes money, monster stocks make money, while risk management allows you to keep the money
Picky Traders are Good Traders Read More »
Most new traders generally go looking for the holy grail of trading. That system that just prints money, they believe it exists and will look relentlessly for it. However there is no holy grail of trading. The closest thing a trader can get to a holy grail in trading is a robust mechanical trend following
The most important thing you must learn in every market cycle is where the money is flowing. It is flowing into the companies where the earnings are growing. As long as mutual funds have capital in flows instead of net out flows then they must put new money to work investing in stocks. If you
The Secret to Trading Success Read More »
If you could wager money on the winner of the NCAA tournament at the very beginning of the bracketed tournament, what would be the best strategy? If you could pick ten teams as possible winners would you have a better chance of winning by picking the bottom 10 seeds #55
The NCAA Tournament and stock picking Read More »
Monster stocks are those wonderful beasts that make you look like a genius trader. Shorts think that they are way too expensive and will crash, so they go short and have to cover en-mass after another 10 point run; they create even more buying pressure. Traders that short monster stocks do not understand the momentum
Find a Monster Stock in 15 steps Read More »
What happens when you are in the right market at the right time using a trend following system to trade monster stocks? Amazing returns. The best returns of my 13 year trading career by far. Here are the principles that let me seize the opportunity and have an amazing quarter.
The Principles for my 51.7% Return in the 1st Quarter Read More »