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 »
My trading consists of trading existing trends wherever they are. There is nothing I like better than to find a stock or ETF breaking out to all time highs or breaking down to all time lows after being range bound. I also like to buy off key supports in longer term trends like the
The Anatomy of a Trend: 10 Guidelines Read More »
With the market in correction and with many of my favorite monster stocks like Apple and Price Line stopping me out a week ago after losing their 5 day ema and then after I was out even falling back to their 20 day simple moving averages. I had
10 Reasons Why I am still short Groupon Read More »
On Friday the 13th our heightened sense of awareness probably labels many things as unlucky when the odds are they are normal things but we notice them more today than ever on this ‘unlucky’ day. The same thing happens in trading when we get purely lucky and think we are
What is Luck & What is Skill in Trading? Read More »
In trading the money is not in opinions it is in following the actual price action and going where it takes you. The long term money is not in the big bets it is in controlling your risk so you can keep some profits. The money is not in being
I Will Show You the Money $$ Read More »
People lose money shorting stocks because they do it wrong. Easy money is made in bull markets by being long monster stocks not trying to bet when they will stop going up. This kind of shorting does not put the odds in your favor, shorting is not even worth the
Five Great Short Plays Read More »
Just like members of the US Army Special Forces stand out as being special for their green berets, stocks that have green prices on days when the majority of the market is in correction are very special also. These are ones to add to watch lists, study charts, look at
The Green Berets of Stocks Read More »
Just about every new trader who launches into trading before doing the proper homework ends up ‘blowing up their account’ which is generally considered suffering a 50% or greater draw down from their original equity starting point. Some of the signs of being in danger is just trading your opinion
Trading: The Art of the COMEBACK Read More »
In trading focus is crucial. You have to know who you are as a trader and exactly what your method and trading plan is, and you must follow it. In trading discipline makes money, focus makes money, monster stocks make money, while risk management allows you to keep the money
Picky Traders are Good Traders Read More »
Most new traders generally go looking for the holy grail of trading. That system that just prints money, they believe it exists and will look relentlessly for it. However there is no holy grail of trading. The closest thing a trader can get to a holy grail in trading is a robust mechanical trend following