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 own decisions. It is not a matter of what the […]
Trading is All About Control Read More »
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 factors as to whether a new trader ends up as a winning trader, is how
10 Things A Trader Needs to Give Up Read More »
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… they never quit. When they blew out their first account
Some of the Biggest Secrets of the Rich Traders Read More »
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 profitable short plays I had this year. While
World’s Easiest System for Trading the Short Side Read More »
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 bear market. Bear markets do not have defined supports they can fall
10 Tips on How I Trade a Downtrending Market Read More »
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 THE market leader Apple as it either bounced near or rallied back above the
The Stock Markets Ultimate Line in The Sand Read More »
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 THE market leader Apple as it either
The Stock Markets Ultimate Line in the Sand Read More »
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 money on the table for retail investors. Traditionally a growth company
Top Ten Reasons I am Short Facebook Read More »
Time and again I heard him say, “Well, this is a bull market, you know!” as though he were giving to you a priceless talisman wrapped up in a million-dollar accident-insurance policy. And, of course, I did not get his meaning. (Mr. Partridge from Reminiscences of a Stock Operator) “They say there are two sides
Trading: How to Win Half the Battle Read More »
The pain of losing is something that many traders can not bear. When you get into 10 or 15 straight losses then the lack of risk management will knock a trader out of the game. Even if you have risk management in place many times the mental pain and anguish
A Traders 10 Point Checklist for a Losing Trade Read More »