Trend Followers make money in the market not becasue they predict anything but becasue they buy what is going up and they sell what is going down. They discover ways to measure and react to trends based on history. Trend traders identify a trend and enter a trade with predefined risk for the trade and […]
The Anatomy of a Trend (7 causes and clues) Read More »
This is the final part of a three-part interview series in which trader John Ward sat down with Dr. Christian Kacher, former portfolio manager for William O’Neil + Co., managing director of VirtueOfSelfishInvesting.com, and chief investment strategist for MoKa Investors, LLC. Ward: What were some of the stocks you played in the 90’s when you
Interview with O’Neil Disciples Part III Read More »
This is the second part of a three-part interview series in which trader John Ward sat down with Dr. Christian Kacher, former portfolio manager for William O’Neil + Co., managing director of VirtueOfSelfishInvesting.com, and chief investment strategist for MoKa Investors, LLC. Ward: Going from being a trader who was using O’Neil’s system on his
Interview with O’Neil Disciples Part II Read More »
This interview is brought to you courtesy of trader John Ward, he can be found on twitter at @JWard_73. John is an excellent trader and I truly appreciate him giving me permission to post this interview that he did with these market wizards who learned from the legend himself, William J. O ‘Neil. In
Interview with O’Neil Disciples Part I Read More »
In my reading of over 200 books on trading and my endless web surfing I have come across many quotes from rich traders that I have truly liked. Here are my favorite ten that I not only love but have made huge impacts on my trading plan and profits. Some of these capture principles in
The Ten Trading Quotes that Will Change Your Trading Read More »
As I sit here waiting for the Super Bowl rematch I can’t help but think of another big game that is about to begin. What so many momentum traders have been waiting for a chance to do: buy Facebook stock on the open market. If current trends are correct this will be this decades monster
Super Bowl of Stocks Google vs. Facebook Read More »
Before William O’Neil and Nicolas Darvas there was Jesse Livermore. Livermore was considered to be one of the greatest traders to ever live. He is said to have made over $100 million shorting the 1929 crash, an unthinkable amount in his time. He made and lost millions on several occasions, he was a master of
Jesse Livermore’s Ten Trading Rules Read More »
Finally what we have been waiting for a chance to buy this decades Google. Facebook has filed to go public under the ticker symbol $FB. This could kick off a whole new mania, Web 2.0. The expectations for this companies earnings could not be greater due to the dominance of
Three Stocks that Profit from Facebook Read More »
Contrary to popular belief by the majority of the general population and even investors and traders stocks are not tied to their fundamental values or even the companies that sold the shares to raise capital. Stock prices are tied to simply what the current buyer and seller in the market is willing to exchange ownership
The 3 Laws that Govern Stock Prices Read More »
While trading is a game of math, probabilities, charts, and earnings it is also a mind game. Many times a trader’s beliefs will determine their success more than anything else. All traders start out believing it is possible to make money in the markets. Many want to earn their living one day by trading.
The Five Faiths Needed for Trading Success Read More »
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 »