All Entries in the "Announcements" Category
Trading Webinar Archive Now Available
June 11, 2009 at 7:04 am
Thanks to those of you who were able to make it on Tuesday for the webinar, I really enjoyed it and the turnout was great. Hopefully you learned a lot during our time together, as well as added quite a few stocks to your radar for possible plays going forward.
Many of you have mentioned though that you were unable to attend for various reasons, so I wanted to be sure to let you know that the archived recording is now available.
Here is the link to the recorded webinar.
(Right-click the link, ‘Save Link or Target As’ to desktop)
Even viewing this after the fact should still offer some insights on the kinds of setups you can locate with a good charting program, as well as what to watch for when seeking out plays.
Stated otherwise, some of the stocks we looked at during the webinar have already moved, but you’ll find them to be good examples as you continue to hone your charting skills.
Enjoy the show (it runs an hour) and see you back here soon with more!
Jeff White
President, The Stock Bandit, Inc.
Swing Trading & Day Trading Service
www.TheStockBandit.com
[tags]Stock Market, Day Trading, Stock Trading, Investing, Swing Trading[/tags]
Reminder: Webinar Tonight!
June 9, 2009 at 10:50 am
Here’s a quick reminder about tonight’s free trading webinar, as I would love to see you there if possible.
Chart Reading with TheStockBandit
I’m excited to run through a number of interesting chart setups, from both the bullish and bearish sides, in order to teach you some concepts and of course put some quality plays on your radar.
The webinar is scheduled to run 45 minutes, with 15 of those minutes set aside at the end for Q&A and a look at your favorite charts.
Visit this link for registration to the 8pm ET webinar:
Chart Reading with TheStockBandit
See you tonight!
Jeff White
President, The Stock Bandit, Inc.
Swing Trading & Day Trading Service
www.TheStockBandit.com
[tags]Stock Market, Day Trading, Stock Trading, Investing, Swing Trading[/tags]
Free Webinar This Tuesday June 9th
June 7, 2009 at 4:05 pm
I wanted to be sure to post a quick announcement here that I’ll be presenting a Free Webinar this Tuesday (June 9th) with the folks from StockFinder, and it’s gonna be fun so I hope you can join us!
Chart Reading with TheStockBandit
It’s scheduled to be a 45 minute webinar and for the first 30 minutes I’m going to be working through quite a few stocks of interest, pointing out to you what I’m seeing in the charts for both bullish and bearish candidates.
The final 15 minutes is going to be Q&A time where you might want to bring forth your favorite stock and we can take a look at those too.
I certainly do not have all the answers, but it’s going to be a chance for me to convey what I’m seeing out there and hopefully not only teach you a few things, but also put many stocks on your radar which you might find interesting.
Oh, and the best part about it is that this event will be FREE, so be sure to register at this link for details:
Chart Reading with TheStockBandit
Remember, free webinar this Tuesday night, 45 minutes of charting reading with you and me – I can’t wait!
Jeff White
President, The Stock Bandit, Inc.
Swing Trading & Day Trading Service
www.TheStockBandit.com
[tags]Stock Market, Day Trading, Stock Trading, Investing, Swing Trading[/tags]
Trader Interview With Jeff White
April 26, 2009 at 10:25 am
First of all, welcome to those of you who have arrived from TraderInterviews.com! There are literally hundreds of trading articles here published over the years to sort through, so spend as much time here as you’d like and come back often.
To those of you who are regulars here, I am honored to have been asked for another interview from Tim Bourquin from Trader Interviews. That’s a site I’ve frequently visited over the years to tune in for excellent podcast-style audio interviews with top traders. I’ve learned quite a bit there, and it’s one very useful place to study not only the methods but also the mindsets of traders who are finding success in today’s markets.
They do an excellent job of locating traders across various markets with a wide range of styles, which provides a great resource for any trader who wants to stay sharp & continue learning.
Here’s the direct link to my interview, which runs 40 minutes. You can listen on the site or download the MP3 and put it on your iPod if you want it on the go.
Enjoy the interview & I hope your trading week is a great one!
Jeff White
President, The Stock Bandit, Inc.
Swing Trading & Day Trading Service
www.TheStockBandit.com
[tags]Stock Market, Day Trading, Stock Trading, Investing, Swing Trading[/tags]
Now on Twitter
March 26, 2009 at 4:59 pm
Knowing that Twitter probably ‘tipped’ some time ago, I have nonetheless been reluctant to join the ranks of Twitter just because I was afraid it might be a time sponge. And with much more going on in life besides trading, my time is valuable – just like yours.
But as a semi-early adopter in the world of blogging (guys like Charles Kirk and TraderMike both began before me), I knew it would be something that might make me better. A better trader, a better writer, and better at interacting with those in the trading community. The trading community is kind of a small world when you get down to it, and I love being in the conversation if there is one.
So, just wanted to punch out a quick post to let you know that I’m now on Twitter and you can follow me @thestockbandit if you’re on there too. I’ll be putting up some thoughts & ideas there, some quality links worth checking out, and I definitely hope to have some good conversations with you as well!
See you there!
Jeff White
President, The Stock Bandit, Inc.
Swing Trading & Day Trading Service
www.TheStockBandit.com
[tags]Stock Market, Day Trading, Stock Trading, Investing, Swing Trading[/tags]
SEC Fees Set to Quadruple on April 1
March 16, 2009 at 6:45 am
This is no April Fool’s joke. I wish it were – it’d save me a lot of money! But the SEC is making a mid-year adjustment to transaction fees, effective April 1, and it’s a significant one.
Right now, traders pay $5.60 per million dollars in sales, which granted, doesn’t sound like much. It’s a cost of doing business for traders, and not a very steep one at that when added to commissions.
However, in 2 weeks when the SEC fees change, it will go to $25.70 per million – more than 4 1/2 times higher. That’s not quite as bad as the proposed Trader Tax which was recently making so many headlines, but it’s more real and it’s going to happen.
Putting the Pen to Paper
If you’re actively day trading, here’s what this translates into. Depending upon your level of activity and the size you tend to trade, this could translate into several thousand dollars more per year in fees for you.
For example, let’s say you sell an average of $1M in stock each day. That’s a very feasible number considering you could sell 20,000 shares (buy + sell = 40,000 total) over the course of the day at an average price of $50 (20,000 X $50 = $1M). For that activity level right now, that would basically cost you $5.60 in SEC fees on top of whatever your commission is. With the new structure, you’d pay $25.70.
Do that 5 days a week, and it’s $100 more per week. Trade every week at that level, and you’re looking at a hike of $5,200 over the course of the year.
Here’s a link to the SEC Mid-Year Adjustment to Fee Rates document itself for more intricate details if you want to check it out.
Bottom line: keep improving as a trader and it’ll be fine!
Jeff White
President, The Stock Bandit, Inc.
Swing Trading & Day Trading Service
www.TheStockBandit.com
[tags]Stock Market, Day Trading, Stock Trading, Investing, Swing Trading[/tags]
TheStockBandit University Has Launched!
March 12, 2009 at 9:14 am
There is a lot to be thankful for right now if you’re a trader. But if you’ve been part of the buy-and-hope crowd throughout the past 16 months, it’s been a tough ride – and might not be over yet.
Ignoring account statements sure isn’t the most responsible way to react right now, and yet it’s probably incredibly common. Those familiar with that mentality are quite likely rethinking their approach, especially given the fact that the S&P 500 has actually lost 40% over the past decade.
Index funds, schmindex funds.
As a trader for the past 11 years, I’ve come to appreciate the flexibility that trading offers. I wasn’t full-time initially, and yet I still recognized the aspect of defense which trading offers – a luxury that the buy-and-hope crowd knows nothing about.
During that time, I’ve run across many people who know a little about “the market” but very little about trading. Things like hardware, software, lingo, order types, psychology, money management and much more are just not the kinds of things that automatic investment plan types are familiar with. So when the market takes an all-out beating like it has since the 2007 top, many in the longer-term crowd would consider becoming short-term but simply don’t know how.
Learning About Trading
All along, I’ve been providing a premium service for those who are swing trading and day trading, but those who don’t understand trading to begin with are not going to benefit from it. They need a trading education.
There’s a huge information gap between investors and traders, so I set out to bridge that gap with the creation of TheStockBandit University.
TheStockBandit University is a 4-week course set up in an on-demand video format to teach those with the desire to learn about trading.
To clarify…
This is not a what-to-trade course.
This is a course for the aspiring trader seeking some trading education. It is designed to take you from 0 to 60 in the trading realm in just 4 short weeks. It’s there to equip you to start taking control and stop getting shredded in this (or any other) bear market.
Stop by the homepage and check out the intro video for more information on how to learn trading if you fall into that category. Because remember, the idea isn’t to invest but to Trade Like A Bandit!
Jeff White
President, The Stock Bandit, Inc.
Swing Trading & Day Trading Service
www.TheStockBandit.com
[tags]Stock Market, Day Trading, Stock Trading, Investing, Swing Trading[/tags]
