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... Read more
Five Ways to Play $AAPL Earnings
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... Read more
A Trader’s Serenity Prayer
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. W... Read more
The Universal Principles of Successful Trading
A book review for Brent Penfold’s book ‘ The Universal Principles of Successful Trading: Essential Knowledge for All Traders in All Markets” This book is excellent for traders that are ready for it. You need a foundation in tra... Read more
My 10 Favorite Nicolas Darvas Quotes
I am surprised that more quotes from legendary trader Nicolas Darvas are not available online. I hope this post helps this problem:) After reading hundreds of trading books, How I made $2,00,000 in the Stock Market by Nicolas Darvas continues t... Read more
Top 10 List for a Bull Market
There is a big difference between trading in an up trending market and a down trending market. Money can be made in bull markets and bear markets but you have to be trading the right way to capture those profits. Here are the ten best signs that... Read more
Are You a Gambler or a Trader?
How many times has this happened to you? You tell your co-workers, family, or friends about your trading, and after a gasp they say, “Oh my, isn’t that gambling?” You try to assure them that no, you are not a gambler, you are a... Read more
Equal Opportunity Market?
One place that stars out 100% equal opportunity are the markets. The stock, currency, future, option, and commodity markets do not care about your race or gender. It does not ask you to feel out a resume to see if you are qualified or educated e... Read more
The Rich Dad, Poor Dad of Trading Books?
New Trader, Rich Trader has been called “The Rich Dad, Poor Dad of trading books”. I wrote this book after reading 200 books on trading and reviewing them all on Amazon.com. The purpose of this book was to combine the universal princ... Read more
The Darvas System in a Nutshell
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 averag... Read more
