TheStockBandit.net

Perma-Bull: Someone who is always bullish on the market.

The market won’t trend higher at this rate forever, that is a given. Eventually I’ll get aggressive on the short side, but not until we get some signals that suggest it’s time - like a dip that isn’t bought!

However, one side benefit of it moving up so much is that the universe of tradable stocks has grown. Volume and price are the two keys for me when it comes to building a watch list of potential trades in my charting program, and we’ve seen an increase in both during the last couple of months. Many stocks are now at higher prices than they were just two months ago, and therefore they are able to fluctuate more. Additionally, many stocks which had been experiencing a lull in activity from May to July have seen a significant increase in volume. This is quite a contrast to bear markets which shrink the tradable universe of stocks through lower prices and less liquidity (volume).

My lower threshold for volume is typically around 200k/day, and I rarely trade stocks below $10.00. I will occasionally make exceptions for each of these if I see a standout chart, but it’s rare. In the past couple of months, I’ve seen an increase in the number of stocks which meet these criteria. That’s a good thing because I’m a picky trader, and having more stocks at the price and volume levels I require is certainly advantageous. Although a larger universe of tradable stocks does translate into more homework, it also means I can continue to focus on the best chart patterns available and trade the cream of the crop.

By the way, subscribing to this RSS feed will mean you won’t ever miss a post!

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

Technorati Tags: Stock Trading, Day Trading, Swing Trading, Bull Market, Stock Market

I’m not the only one pumped up about The Bandit Bulletin!

Last night at TheStockBandit.com we announced The Bandit Bulletin, a premium interactive trading blog which I’ll be writing on trading days for members. In the Bandit Bulletin, I’ll be helping members take their trading to the next level with intraday trading ideas, chart reviews, educational articles, detailed market commentary, and much more.

At TheStockBandit.com, we’re all about education, so this should be a huge benefit for those looking to learn as they look over my shoulder on a daily basis.

I get quite a bit of email from members with questions of all kinds every day (and I’ll continue answering it of course), but through The Bandit Bulletin everyone can learn simultaneously. The relaxed atmosphere of a blog just allows for an easy way to learn and interact with each other, so it should definitely be fun! It will also no doubt add a whole new dimension of service and greater value to the membership price (it’s included!).

Even free trial members can participate, so if you haven’t tried out the service with our risk-free 2 Week trial, what are you waiting for? Come on over and experience the award-winning service as well as my new members-only interactive blog!

(There’s also a Virtual Tour available if you’d like to check it out.)

Jeff White
President, The Stock Bandit, Inc.
www.TheStockBandit.com
Come trade with us!

CyberTrader just put up this page which points to some pretty exciting enhancements on the way for clients on the CyberTrader Pro platform (like yours truly).

I’ve commented quite a bit about CT and their great customer service and particularly their wonderful conditional orders. Well, the coming enhancements will add quite a bit of functionality to the conditional orders topic, particularly #4 on the list.

Needless to say, CT is about to take not only trade management but order management to another level with the coming features, and that means more flexibility for traders which is always a great thing!

I’m really looking forward to this and you can see the list at this page.

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

Technorati Tags: Stock Trading, CyberTrader, Conditional Alerts, Conditional Orders, Risk Management