The key to this market is to be aggressive with booking the profits to the short side. I have found that since the market bottomed out in 2009, the best approach to booking profits when short is to aim for profits of four to seven percent on each trade. When you try to ride a
Here’s my updated chart on Apple ($AAPL) and what to watch out for going forward, the patterns, and price support levels you need to be cognizant of. As for the legitimacy of the Credit Suisse report, I think it is complete garbage. As a person who spent some time in corporate America many years ago,
Not your typical way of posting charts these days, but with technology and to use these digital pens, it makes it far more easier to point out more of the nuances of a chart than ever before... so here you go.... Apple $AAPL: Microsoft $MSFT: Alphabet (Google) $GOOGL: Netflix $NFLX: Walt Disney Company $DIS:
And I didn’t even have to short a single stock in order to do it! While 2 out of every 3 stocks were dropping in the stock market today, all five of my trades that I’ve made so far this month were trading higher. You can’t beat that! Despite 3 out of 5 trading days
Chipotle (CMG) at one time was the stock that everyone lost at when you tried to short it. Well, that couldn’t be further from the truth now. From bad earnings to e-coli in their burritos, things keep getting worse and worse for the company and subsequently its stock. At this point, I am showing that
Valeant Pharmaceuticals (VRX) has been the talk of the town when it comes to biotechs these days. Heck, it is the talk of all things related to the stock market. Bill Ackman is considering selling his huge stake in this stock, and has brought a lot of pain to his portfolio’s trading performance on the
Well, back on October 27th, I thought it would be genius to add a short position in Best Buy (BBY). And at the time it looked like a good idea as a hedge against my multiple long positions in the portfolio. SPX was in the middle of a two day pullback and things were looking
The Market was down big in September The market was up big in October ...BUT I was up big in both September and October! I'm in the business of managing risk and maximizing profits. If I have a position that isn't profitable, I'm not going to keep it around so that it can become more
Here’s a quick snapshot of one trader’s portfolio using Ditto Trade. Needless to say, he is having a great day!  To say the least, traders were on fire today in the SharePlanner Splash Zone and the results prove it. It has been a wild year, but you can see by my posted past performance
Quite an honor and I am quite flattered to have as many followers on this great social platform. Over the years we've seen all sorts of crazy excitement from this market and I look forward to building more relatoinships with more traders in the years that follow. All the best to all of you in