Many times in an up trend, less is more. My biggest profits were made trading a stock in an up trend for 100-300 points not daily scalping. My best trading is in trends where my decisions are made at the open and close with no requirement to sit in front of a screen all

  With all the endless opinions about the stock market this weekend, I thought it would be prudent to list some facts at this inflection point. Fact: The market is in an up trend. Fact: We held the gap up all day Friday. Fact: Many stocks are setting up at proper buy points out of

Have you ever wondered how there can be so many different styles of traders and they follow their method sometimes with a religious fervor? Many believe that only their way is the right way. A weird thing is that many seem to make money in the long term even though they disagree with each other.

 An edge is an advantage that a trader has over his competitors, allowing him to generate and retain profits from other traders . There can be many types of  trading edges through risk management, psychological management, and through better trading methods. Here are a few:  A selective trader that only trades the best set ups,

This interview was first published in Your Trading Edge (www.ytemagazine.com). For all the traders that missed the recent Zanger seminar due to his serious sickness here is an interview I found that Dan did back a few years ago to give traders some insight into his world record setting performance and his continued success in

All eyes will be on $159.71 SPY level this week. Does the market break through and enter a whole new trading range and new bull market era after the 2000, 2007, 2013 triple top? Does QE and central banks safe guards push us into another 1982-2000 type bull super cycle or do we hit that

“Really good traders are also capable of changing their mind in an instant. They can be dogmatic in their opinion and then immediately change it. If you can’t do that, you will get caught in a position and be wiped out.” -Steve Clark                                                                                                                                                                                                                          The greatest traders have a huge conviction about their edge and

This is a trading book like no other. Van Tharp is one trading author that helped me get over the hump to trading success with lessons from his past books. It is hard to argue against the fact that Van Tharp is one of the top psychology coaches for traders in the world. In this

  When a growth stock breaks out of a price range base to new all time highs it has the potential for momentum and going up substantially.  The momentum of having to begin a new price discovery can carry a stock up 25%, 50%, sometimes even 100%. A break out of a base to new

  Holding through earnings with stock is gambling in my opinion. A price can go either way, it is a 50/50 bet based on the perception of earnings versus the expectations of investors and traders. Blow out earnings can still cause a down move if they do not beat by enough and the the stock

Google is at an inflection point in price both at the 50 day moving average and the $800 century mark, it can rebound with another leg up to get back to all time highs at $840 with all the earnings expectations for future products like Google glass and Google fiber or it could correct back

Trading coach Van Tharp has a trading game he lets his students play. In a class of 20 to 30 people he will pull different color marbles out of a bag to determine whether the classes trades are winners or losers and by what multiple. There are overall more winning marbles than losers marbles in

               Traders must have rules and trading plans because in the heat of trading when emotions flare up that is when greed, fear, and ego can easily hijack the trader. Traders all have many different conflicting parts that can interfere with trading execution. The need to be right, the need to