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 »
Contrary to popular belief by the majority of the general population and even investors and traders stocks are not tied to their fundamental values or even the companies that sold the shares to raise capital. Stock prices are tied to simply what the current buyer and seller in the market is willing to exchange ownership
The Mechanics of Stock Price Movements Read More »
Trading is not all fun and games. We do not make money on every trade. It is not like other careers or jobs where you work and then get paid. Our pursuit is more like the life of an entrepreneur. Our idea may work or it may not. The
How New Traders Can Limit Their Pain Read More »
Do you use moving averages in your trading? If not, you are missing one of the very best indicators. Moving averages are powerful because they give traders a view of the market’s or stock’s trend in the moment. Including its volatility, along with possible
My Favorite Indicator Read More »
On this Labor Day when many are off work for a paid holiday I am working, looking at charts, planning, thinking and reading. Pondering what Tuesday trading may bring. Trading is NOT the path to easy money nor free money. Trading is work and a profession like any other, traders
10 Ways to Labor Towards Trading Success Read More »