Archive for May, 2009

Lessons from My Biggest Trading Loss

There is much to be gleaned from glancing in the rearview mirror, both for me and for you. That’s how we get better!

Clues to Observe for a Market Correction

Is this market due for a correction?

That’s the million-dollar question right now for many, so why don’t we examine a few clues to watch for just in case.

We Now Interrupt Your Normal Programming

Perhaps the automatic buy button got disconnected somehow, but Wednesday’s decline marked the 3rd consecutive decline in as many days – something we’ve not seen since early March when this market caught fire for 9 very green weeks. And although a 3-day losing streak is far from the worst thing this market could see, it [...]

Testing 1-2-3

I’ve written before about my opinion of backtesting, but let’s go a different direction here and talk about just plain-Jane testing. If you were told that a diet pill would have you in that beach body by June, you’d probably be skeptical.  But given enough evidence, you just might try it.  Tentatively. We’re no different [...]

Profiting from Market Changes

It’s a strong tape – there is no doubt about that.  When the NAZ has rallied for the previous 8 consecutive weeks (and currently gunning for 9) and the DJIA has tacked on 30% during the same stretch, you’re looking at quite a rally. But during the course of that run, the pullbacks have been [...]

Excuses are a Waste

As the producer of a stock newsletter for the past 5 years (wow, time is flying), I get a lot of email. Some of it is from subscribers, and some of it is from people who are ‘tire kickers’ and haven’t decided yet to take control of their trading.