Many traders and investors are like me, having been to the ‘school of hard knocks’ to get educated. If I had my choice I would have taken a different, easier path. The trading barriers to entry are low but the barriers to success are very high. Nothing in life is free and certainly to understand [...]
We are in the moving business, not the storage business. The charts and technicals tell us where price, momentum and sentiment have come from, while we interpret levels and decide which pattern is being set up. For the last month the markets have provided some jagged moves within a narrowing range (see chart below). Historically [...]
The title of today’s piece pretty much sums up what we’ve seen this year. What normally is seen – accumulation, volume trends and patterns – is unmistakably missing. From the violent revolutions in the Middle East to the tsunami in Japan, the European Crisis to the US debt ceiling mess – we have had our [...]
Brian Shannon from Alphatrends.net put up and excellent post for all of us to learn from. When in the heat of battle each day we tend to forget what is most important – not just in trading but in life. The intensity and pressure we are under is extreme and unbearable at times. How often [...]
The title is really descriptive of what traders think about themselves after posting a loss. After all, the future is uncertain – will you ever post another winner again? That is a rhetorical question of course, because we cannot predict the future. But if you plan well, do your due diligence, study, focus and make [...]
Now that the first half is over, now we can get down to some serious business! EARNINGS! I love this time of year. This is where we separate the wheat from the chaff and find out just who did well last quarter. Mind you it was a challenging one for most businesses – a soft [...]
It DOES NOT Get Any Better Than This! EBAY, FCX, RIMM, MON, BRCM
These first two weeks of the new year have proven to be a bountiful harvest for us. Trading options and scoring wins is not easy to come by. If you have any experience whatsoever you know what I am talking about. However, these last couple of weeks have scored us some amazing gains. This week [...]
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