Just like in football, trader’s must play great offense and defense in trading to be successful in the long run. In trading we must be able to do two things: manage our winners and manage our losers. If we can’t play both good offense and defense then we will not win over the long […]
Why Trading is Like Football Read More »
Apple is a strange animal. We have one of the world’s biggest market cap stocks at a value stock price with growth stock earnings. Apple itself is asymmetric, with all the naysayers continuing to believe that it is too big to grow and that it must stumble eventually we are sitting with a
My Thoughts on 3 Charts Read More »
“Bear markets have no supports and bull markets have no resistance.” -William Eng Two big mistakes new traders make is to short a monster stock at all time highs believing it has to go down or going long a stock in a death spiral because it just can’t go any
A Tale of Two Types of Stocks. Rockets & Anvils Read More »
“You adapt, evolve, compete or die.” – Paul Tudor Jones I do not trade the same way I did when I started actively trading the stock market in the late nineties. The market itself has taught me many lessons about keeping my gains and cutting my losses short. I have traded through one one
Trader Evolution: 10 things that I have Learned Read More »
“I think it was a long step forward in my trading education when I realized at last that when old Mr Partridge kept on telling other customers, “Well, you know this is a bull market!” he really meant to tell them that the big money was not in the individual fluctuations but in the
Win Half the Battle in One Step Read More »
In trading there are moving averages that are watched by many traders. While the most popular are the 50 day and 200 day simple moving averages there is another very popular one that is watched and on many people’s radar. Many traders use the 20 day sma, 21 day
A Key Moving Average in Play Now Read More »
In my reading of hundreds of trading books and my endless research on rich traders, I have come across many quotes that are very powerful. These principles could really change the dynamic of a new trader’s plan. Here are some of my favorites. They have made an impact on my own trading success: “Good
Quotes for Trading Change Read More »
The delta of a stock option is how much it moves in relation to the underlying stock dollar for dollar. A .50 delta means it moves .50 cents for every dollar the stock moves, a .90 delta means the option captures .90 for ever dollar move in the under lying.
Option Delta: How much Bang do you get for your Buck? Read More »
With most indexes breaking out to multi-year highs after the European debt crises appearing to be kicked farther down the road for now we are setting up for a possible run up into new price territory in many leading names. I am holding three positions going into Monday morning. While
The 700 Club of Stocks: My Top Three Picks Read More »