I went long today in Google (GOOG) despite the overall market being heavily bearish. The reasons were simple – the market gapped down significantly and usually after the first hour or so of trading there is a period of extended sideways trading to a possible bounce in the afternoon. Secondly, Google was testing the
It's time for another semi-regular giveaway. This week we're giving away a copy of Wall Street 2: Money Never Sleeps on either Blu-ray or DVD (your choice)!There are several ways to qualify and each one counts for an entry (or more depending on which one you do) – so the more you complete the
The semi-regular site giveaways return this week with a copy of Moneyball on either Blu-ray or DVD going to the winner!There are several ways to qualify and each one counts for an entry (or more depending on which one you do) – so the more you complete the more chances to win. The
SAY WHAT!?! That is correct sir (or ma’am), avoid the pitfall of needing to get out at the highs with every trade. Because guess what? You’ll fail at it 99.9% of the time. So often we try to get out at the top, mainly because of the pain and anguish we’ve experienced in the past
You’re not going to get a long and elaborate list of resolutions like last year, where I mapped out ten areas of trading and life that I wanted to do better. Instead you are going to get one major resolution that I need to practice more of in many areas of my life. And the
Last year I came up with a list of resolutions that would be meaningless if I didn’t review them in the new year and see how I did keeping to them. There were some definite hits and misses, so lets review: 1. Do a better job of keeping winners from turning into losers. I would say
Note: I wanted to put this post on the front page and let you all know (or remind) that we have some excellent trading groups on SharePlanner that you can join for free (or even start your own). Below is the latest post from the Swing-Trading Group: While i lost about 0.3% of my portfolio
I’m going to be completely honest and say that I absolutely know nothing about MercadoLibre (MELI) when it comes to their company and their products/services that they offer, but Mike K in our Trader Network brought them up as a potential pairing with the Amazon.com (AMZN) (post that I did earlier this week), so
It’s probably one of the biggest stories among individual stocks for 2011. A company that was breaking through $300 and on its way to $400, gets too comfortable in its own shoes, and instead of continuing to satisfy its existing customers and provide new and improved features, the CEO and his minions, out of the
Amazon.com (AMZN) has taken a beating over the course of the past two months after hitting all-time highs back in October. I know I’ve tried to trade it a couple of times with no success. The last time I tried it was when it was already well oversold, and testing the 200-day moving average.