RSS

RSSArchive for August, 2009

post thumbnail

Video Review of the Indexes 8-30-2009

The bulls had a wonderful opportunity to thrust the market higher last week, but they passed it up. Instead, they merely provided support on the dips, preventing any downside damage from being done.  It wouldn’t have taken much to push the indexes to new recovery highs once again, but the light-volume action which is so [...]

post thumbnail

Taking Risks

It’s a known fact that in the market, you get paid to take risks.  We all know that, right? But are you getting the proper rewards for those risks?  Are you taking the most appropriate kinds of risks?

post thumbnail

Reversal Characteristics & Candidates

Stocks can reverse suddenly or slowly.  Sometimes it takes place in one big bar, and other times it’s a process that occurs over time. Because there are differences in how downside reversals can happen, after running across a couple of reversal candidates in the charts, I wanted to share a couple here on the blog. [...]

post thumbnail

Video Review of the Indexes 8-23-2009

Following a rest phase after the big run from the July lows, the indexes threatened last week to break down, only to reverse higher and breakout instead.

post thumbnail

Hard Stops vs. Mental Stops

When I’m swing trading, I prefer to place stop and target orders via bracket orders.  That means I’ve got pending orders which will cancel out the other side based upon what gets executed first.

post thumbnail

More on Recovering from Trading Losses

Ever been downright frustrated with your trading? If you’ve been a trader for any length of time, I’m sure you have.  There can be stretches of disappointments during which it feels like getting on the right side of a move might not ever again happen.

post thumbnail

21 Questions from Last Week’s Chat

Last week’s trader chat generated quite a few questions.  A number of them we were able to address during the chat, but many more went unanswered. If you were in attendance and didn’t get your question answered, look for it below.