My Next Buy Point and My Watch List
With the powerful reversal off the $SPY 200 day and then the comeback after the reversal day I am ready to go long. The European Union headline risk was hanging over the market causing a lot of uncertainty and confusion but with th... Read more
Ten Things that the Markets Reward
The free markets do not give up profits easily. The vast majority of all traders lose money over the long term. Many studies say it is as much as 90% that are net losers after all their trading. Even investors... Read more
Trading is All About Control
In trading while we have zero control over the long term moves in the markets we have 100% control over our own actions. It is not the market movements that will ultimately decide whether we win or lose but our... Read more
10 Things A Trader Needs to Give Up
It is easy to become obsessed with adding to our trading arsenal with knowledge, books, chart patterns, indicators, moving averages, and gurus, that we forget to analyze what we need to remove from our plan. One of the largest determining... Read more
Some of the Biggest Secrets of the Rich Traders
Do you know what the biggest secret is for the rich trader? The big secret is that they were not born a brilliant trader. They did not just trade and become instantly profitable. No, they are just like any one else. Except for one thing… t... Read more
World’s Easiest System for Trading the Short Side
When I find a stock that I want to short, how do I trade it? My opinion about a short is not sufficient for a trade, the chart has to agree with me or I have to wait until it does. Here are the charts of four... Read more
10 Tips on How I Trade a Down Trending Market
A down trending market is not the same as a range bound market or a bull market.The loss of the 200 day moving average and it not being retaken by the close is a big red flag for the potential beginning of a be... Read more
The Stock Markets Ultimate Line in The Sand
The 200 day is the test of all tests for the bulls, there are many systems used by traders that gives a buy signal for stocks as they move above their 200 day moving average. For the last three years buying TH... Read more
The Stock Markets Ultimate Line in the Sand
The 200 day is the test of all tests for the bulls, there are many systems used by traders that gives a buy signal for stocks as they move above their 200 day moving average. For the last three y... Read more
Top Ten Reasons I am Short Facebook
I love facebook, I think it had all the potential of being a monster stock. Unfortunately, Zuckerberg and company were able to wait long enough, (8 years) and then to issue enough shares (2.14 Billion) at a high enough price ($38) to leave no m... Read more