Successful traders act more like business people than gamblers. They manage risk, manage inventory, follow trends, look for patterns in their ‘customers ‘ buying and selling, and work for profits not excitement, just like anyone else in any business for profit. There is one huge difference between the winners and the losers in the market. […]
Be a Trader not a Gambler Read More »
You have a great stock you want to buy but it is in a sharp uptrend. It has already formed a price base and broke out and has been in a continuous uptrend making higher highs and lower lows. Where do you get on board? What is your second chance entry? Well you can wait
The 2nd Chance Entry Point if You Missed the Breakout Read More »
What’s not to love about Apple? Earnings growth, check. Long term supports on charts, check. Low P/E ratios with great growth for those that care about such things, check. Does it always, always, come back and push at all time highs? For many, many years, yes! Innovative world changing products? Well just little things like
Why every style of trader should LOVE $AAPL Read More »
Investors Business Daily has spent many years of in depth research to determine what works and makes money in the stock market. Below is a summary of their research from 1880 to present day. Also a video is included that summarizes these principles. Buy high and sell higher. Sell short when a stock has gone
Ten Principles for Successful Stock Speculation via IBD Read More »
Many traders are not undone in their trading by their method or system. No, when the adrenaline starts pumping and the heart starts pounding bad decisions are made. Pride, Fear, Greed, and Hope are some of the most dangerous traders you will ever trade against. These emotions scream at the trader: “Don’t stop your loss!
Scott O’Neil on the Dangers of Emotional Trading Read More »
Here are the 18 principles of successful trading that I have learned from the study of rich traders and my own successful trading in the markets over the past 30+ years. Some of these principles will seem counter intuitive and may leave new traders scratching their heads until they fully understand what they really mean.
Rich Trader’s 18 Principles for Trading Success Read More »
This is a book review for William O ‘Neil’s “How to make Money in Stocks.” After reading over 200 books on stock trading and investing, and reviewing them all on Amazon.com. I believe this one is the best of breed for clearly explaining a method for investing and trading growth stocks for profit. It gives
The #1 Book on a Specific Investing/Trading Method? Read More »
Seventy one years ago, on Thursday, November 28, 1940, Jesse Lauriston Livermore, entered the Sherry Netherland Hotel where he took a seat near the bar and enjoyed a couple of old-fashioned. After an hour Jesse Livermore got up and went in the cloakroom, seated himself on a stool, and then shot himself in the head
The Greatest Trader Who Ever Lived: Jesse Livermore? Read More »
At 56, Paul Tudor Jonesis a self made billionaire with a net worth of 3.3 billion and is ranked as the 336th richest person in the world, he knows exactly how to trade the biggest money for the biggest returns. One of Jones’ earliest and major successes was anticipating and trading through Black Monday in
The Wisdom of the Legendary Paul Tudor Jones Read More »
This article is for momentum traders, CAN SLIM traders, and Darvas Traders. Trading break out stocks is a great way to make money in the right up trending market with the right stocks. Apple and Google are up to their old tricks, taking over whole markets and laying waste to competitors. Their charts are just
Dan Zanger’s 10 GOLDEN STOCK RULES Read More »