All Entries in the "Trading Tips" Category
Identify Failing Bounces for Short Selling
Traditional Wall Street tells you that the market goes up over time, which has proven to be true. That’s nice if you’re a “long-term investor” who socks money away in mutual funds and doesn’t care about working your capital a little harder.
But for the self-directed trader, it’s important to remember a couple of things. [...]
Broken Trades
A memorable Far Side cartoon is called Horse Hospitals. In the picture, a pair of racehorses lie flat on gurneys with broken legs hoisted. A veterinarian rounds the corner staring at a clipboard in one arm while holding a rifle in the other. The adjacent room shows another gun-wielding vet with a [...]
Has the Easy Money Been Made?
It’s a question all good traders find themselves asking on a regular basis…
“Has the easy money been made?”
Sometimes it’s in regards to an open position which has stalled out or losing momentum. Other times it’s tied to a look at the overall market, trying to determine whether or not the current move still has [...]
Train Well to Trade Well
While watching the Olympics, it never ceases to amaze me the dedication of these athletes and the preparation they go through in order to be at their very best. These people are what some might call ate up with it! They’re consumed with improvement, they’re completely focused on peak performance, and their commitment [...]
Blending Trading Plans & Flexibility
In my previous post, I discussed the biggest enemy of traders. Among other things, I mentioned “formulating a flexible but well-defined trading plan.” Let’s unpack the ‘flexible’ portion of that comment today.
Sidestep Risk & Stupidity
If I plan to stop out of a long position in XYZ below $25, and the stock falls through [...]
