After a two hundred point run in Apple since it broke through the 50 day moving average we are now dealing with a brutal 2.5% draw down in the stock after hitting the psychological barrier of $600. Now the bears are out roaring again, “It is over”, “The move was […]
Is this the Apple top? Read More »
Many times, good traders make the right trade but still lose, but it is okay because they will win in the long term because their method is tested, their risk is managed, and their mind set is right for trading. They have skills. Other times a new trader with no
The Differences Between Trading with Skill or Luck Read More »
Insiders say that William J. O’Neil founder of Investor’s Business Daily and William O’Neil and Company Inc, has a better trading record over a 50 year period than even Warren Buffet or George Soros. O’Neil has spent his life trading and studying what really works in the stock market. He made over a quarter
How to Trade Like William J. O’Neil Read More »
There are things that make you win in the stock market over the long term and then there are things that make you lose quickly even in the short term. The key to trading success is learning the difference quickly and doing what really works not what you emotions or
Do You want to Win or Lose at Trading? Read More »
What an amazing year so far for the markets beloved Apple stock. Many factors are working together to drive this stock up to amazing levels day after day. Apple is the leader of this market and will continue to trend up until this story changes. The story is not changing,
TWENTY reasons for the $AAPL Up Trend Read More »
There are some universal principles that the vast majority of Rich Traders follow. Rich Traders manage risk, they do not bet their entire account on one trade, they risk 1% to 2% of their trading capital per trade. Rich Traders do not try to prove they are right about a
10 Reasons Why Rich Traders Win Read More »
When I look for the best stocks to trend trade in the stock market I look at the Monday edition of Investor’s Business Daily. The IBD 50 published in each Monday edition of Investor’s Business Daily is a must have for every serious investor and trader. With this edition we
Where to Find Monster Stocks Read More »
In bull markets there are two types of stocks rocketing up in value. There are monster stocks that increase in price, doubling and then doubling again. Monster stocks have real earnings, real sales increases, world changing products, technology or services. Monster stocks have reasonable fundamental valuations based on their growth
Apple: Monster Stock or Mania? Read More »
In my reading of over 200 books on trading and the stock market I think ten stand above the rest for their ability to compress trading wisdom into an easy to digest formula that anyone can read and understand. I also reviewed all of the trading books I read on Amazon here is a
Top Ten Must have Trading Books Read More »
I like stocks that I am considering to buy to have these ten characteristics. I find that stocks that perform the best from me are usually ten percent or less from the its all time high. I don’t like my stocks to have overhead selling resistance from past buyers that are waiting to
Top Ten Things I Look for in a Stock Read More »