Technical Analysis
Physical vs. Mental Stops… The Debate Continues
Do you remember where you were on May 6th of 2010? No? Well, this was the day the Dow fell 1,000 points in a matter of minutes. Now do you remember? A lot of other traders sure remember that day. It was the day many of them were handed huge losses. Yes, the “flash crash” […]
Timing The Markets For Low Risk And Big Profits
The ocean has an air of peace you can’t find anywhere else. To me, a wave rolling onto the beach is one of the most relaxing sounds. With the seagulls chirping overhead and the feel of hot sand beneath my feet, it’s a small slice of heaven. But the relaxation comes to an end when […]
What The Heck Happened Yesterday?
History was made yesterday… and not in a good way. All eyes were on Greece. The riots were front and center… the markets were drifting lower… then the firestorm hit. Within 20 minutes, the markets had plummeted more than 700 points. The entire office was just glaring wide-eyed at the TV. The markets were in […]
The Most Popular Question Is…
Over the years, we seem to get asked one question time and time again. And it comes from all around the world. Beginning traders and experienced traders alike are always emailing us the same question: “What broker should I use?” It’s a great question. But like dancing your way through a field of landmines, answers […]
Bull Market’s One Year Old… What To Do Now?
It’s hard to believe but the bull market rally is turning one year old. The rally has taken the S&P 500 from 666 on March 6, 2009 to 1,122 on March 4, 2010. That’s a 68% gain in a single year! But a 68% rally’s only good depending on your point of view. You might […]
Are You A Balanced Trader?
I stood on top of a little grassy hill. The sun was shining brightly. A slight breeze and a cold beer in my hand gave a bit of chill. Looking through my sunglasses, I watched a huge crowd surround the 7th hole tee box. Up walked a group of three professional golfers. They looked over […]
Another Tool For Your Trading Toolbox
A couple of weeks ago we spoke about the hammer. The hammer is a one day technical pattern producing low risk trades in certain situations. Here’s another basic tool that works well in trading… It’s called the wedge. Many of you know that a wedge is a tool used by humans for many millennia. It […]
Coinstar Gives Us Some Cash…
Just about a month ago, I showed you a way to put some money in your pocket. It was a trading opportunity in Coinstar (CSTR). Some of you collected a nice profit and some of you probably lost money. I’ll tell you what made the difference. Let me briefly recap the trade idea… CSTR was […]
The Bigger Picture Holds Profits!
Sometimes in life it pays to take a step back and look at the big picture. Getting caught up in the day to day ups and downs of life can be stressful. For me, it’s worthwhile to take a step back and look at the bigger picture. This simple practice brings me clarity and focus. […]
