Trading is not all about just stock picking, it is not just about a winning system. Yes, first you have to understand how to trade and put the odds in your favor of winning, but that is not enough. You must also add in risk management so when you lose ten times in a […]
How Many Dimensions Do You Trade in? 1, 2, or 3? Read More »
While all the Apple bulls where having a celebration party on the move back to $610 today I could not help but wonder if they rode this stock from $644 to $555 and were just celebrating getting back to where they could have gotten out at weeks ago. My
Saving your Emotional Capital $AAPL Earnings Read More »
Here is a video tale of what the Apple bulls went through this year while just simply buying and holding Apple. This video shows the strong move up in the 1st quarter, the sell off before earnings, and finally the earnings announcement. http://youtu.be/6tCtM8UEQv8
A video tale of the $AAPL bulls journey this year Read More »
In trading activity alone does not make money, the right activity at the right time is what makes money. Many times the right thing, is to do nothing. In your actual trading you have to do four things very well to make money. You have to know when to get
To Trade or Not to Trade: The Most Important Question Read More »
Well here we go, Apple earnings on Tuesday. How am I going to play it? From the sidelines. Why? Because for me the money is in the run up to earnings due to earnings expectations which ended abruptly last week. I do not hold through earnings, for me it is
Apple Earnings: Gambling? Read More »
This year my best three long term trades have been trading long at all time highs and selling short at all time lows. I was the ‘crazy’ guy that traded Apple only long from $390 to $630 never shorting it and only stepping out during draw downs below short term
Trading on the Fringes:ALL time highs & lows Read More »
Not Managing Your Risk in Trading is like…… a fisherman putting all his bait on one hook and casting it out. an NBA star betting his career on on 3 point shot from half court. an NFL quarterback betting his pro contact on one 40 yard pass. a pro golfer on tour betting his
Not Managing Your Risk in Trading is like…… Read More »
Price tops are strange things, they tend to happen when the maximum bullishness is in place and the company underlying the stock is as profitable as ever. What gives? Well many things cause tops, whether they are short term or long term. Here are some examples. Profit taking sets
What Causes a Price Top? Read More »
The Perfect Trader is patient with entries and exits, they are focused on what works not personal opinions. They do not worry about missed trades, the Perfect Trader does not boast while winning and does not become depressed while losing. They are never too proud to admit when they are wrong and exit their trade.
The Perfect Trader Read More »
What a great day in the markets for traders and investors that were long. The Dow Jones Industrial Average tacks on almost 200 points and gets back over 13,000 with a hundred points to spare. Monsters stocks springing back to life all over the place. You know the ones where
Four Big Fat Short Plays Read More »