If you want to come out as the winner in your trading adventure let the charts be your guide. For me the charts biggest translator is the moving average. It works so well because it is based on the one thing that matters the most: PRICE. But it smooths all the price noise into an […]
Ten Tips for using Moving Averages in Trading Read More »
My trade going into the Greek elections is to stay in cash as I have been almost all week. I am not disappointed this week I will let the day traders make their money in this market and watch the bears get mauled by central bank interventions while I sit
My Trade Going into the Greek Elections Read More »
Ever have that day when you were a new trader and you were 100% sure about a trade. You just could not lose, the stock was a real buy it had already fallen a great deal and it could not possibly fall any farther. So you waited and then plunged in, you couldn’t
The Most Dangerous Trade Read More »
Two of the biggest obstacles in trading is managing risk and using a winning method. However, even if you control your risk on every trade and have a methodology that is a winner in the long term you can still
The Mental Game of Trading Read More »
The free markets do not give up profits easily. The vast majority of all traders lose money over the long term. Many studies say it is as much as 90% that are net losers after all their trading. Even investors can work very hard to end up at even after a brutal bear markets takes
Ten Things that the Markets Reward 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 »
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 »
How do I make money in trading? I seek to profit from market trends. I am a short term trend trader. I seek to be long or short a stock or ETF that is in a trend and has the potential to trend for several days or weeks. I will trade anything that is
The Money is in the Trend Read More »
What trips up the vast majorities of traders so they never quite make the transition from new trader to good trader? Not being able to deal with the stress of trading: this is caused primarily from a lack of faith in themselves and or their method. They lack the ability
Trading: The Key to Everything Read More »
Let me introduce my readers to “Trader Steve” a successful trend follower and blogger from the United Kingdom. He was nice enough to give me an interview for my blog readers. Steve is a trend following trader that pulled off the feat of being profitable in both 2008 as the market was on the
My Interview with a Successful Trend Follower Read More »