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Here’s one for all of you human calculators. A trader starts out with only $5,000 in his account, but is able to gain .5% each trading day. (That’s just ½ of 1% per day.) The first day he’d only make $25 profit, but how much would he have after 5 years?

$100,000? $500,000?

Would you believe it’s over $3,000,000.00? Wow! I’d say that little things make a big difference!

Have you examined your habits lately? They can have a giant impact on your trading results, Read more »

The results are in, and today’s t-shirt for the Jack Black trivia has been claimed! Congratulations to Keith B. of Minneapolis, MN on winning today’s trivia! His 3-part answer was one of the fastest ever submitted (perhaps Keith is a GOOG market-maker?). Keith, nice work - your t-shirt is on its way!

The correct answers were:
- Jack Black’s real character in School of Rock was Dewey Finn, but he posed as his roommate Ned Schneebly so that he could substitute teach for extra cash
- Jack Black’s student band in the movie calls itself School of Rock
- Jack Black’s real-life band is called Tenacious D

Thanks to all who participated in today’s diversion ahead of the big Fed announcement today. Those of you who answered correctly but weren’t the first to do so, take heart! Next week, T-Shirt Trivia will return on Tuesday and you’ll have another shot at it. Thanks again for participating and for reading TheStockBandit.net!

See you back here tomorrow for more market chatter and trader talk!

Remember to subscribe to this feed so you won’t ever miss a post!

Jeff White
President, The Stock Bandit, Inc.
www.TheStockBandit.com

My attention slips away pretty easily on a Fed day until the announcement is made and things really get moving. Hopefully later we’ll see some fireworks and get this market out of the recent trading range. In the meantime, we’ll keep our attention diverted and tend to some trivia!

I noticed that King Kong comes out today on video - I haven’t seen it yet, but I’ll check it out! So, in honor of Jack Black, today’s trivia pertains to his 2003 performance in School of Rock.

The first person to answer all 3 questions correctly will win a free T-shirt from TheStockBandit.com!

Only a few rules apply:
1. You must use the contact form when you submit your answer.
2. Include your name & mailing address when you submit your answer.
3. Only the first completely correct answer submitted will win a t-shirt.

Today’s T-Shirt Trivia has 3 parts:
1) In School of Rock, which other character did Jack Black pretend to be in addition to “Dewey Finn?”
2) What is the name of Jack Black’s student band in the movie?
3) What is the name of Jack Black’s real-life band?

If you know the answers, send me your name & address (and shirt size) via the contact form, and the first to correctly answer all 3 questions wins today’s t-shirt! Good luck!

Jeff White
President, The Stock Bandit, Inc.
www.TheStockBandit.com

Although I’m a big proponent of trading with the use of chart patterns, a stock’s volume simply cannot be ignored.

I run across literally thousands of stocks every day in search of not only the best technical setups, but also the proper conditions under which to trade those stocks. I ultimately locate the cream of the crop for subscribers of my stock newsletter, and it results in consistently profitable trading.

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You’ve probably heard the phrase, “you’re not trading the stock, you’re trading the people on the other side of the stock.” It’s a valid point that I can agree with to an extent.

As much as you might follow a trading strategy, there will likely be emotions to battle while you’re in the middle of a trade. Almost every trade will have some fear and greed associated with it, but the memorable trades are really packed with emotion on both sides. Keeping close tabs on your emotions while maintaining some awareness of what your competition is facing can greatly help you improve your exit timing as well as your P&L.

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