NYSE Reversal Indicator is starting to finally hit some extremes – the market has made a good run of it since the indicator bottomed back in late November, and there is a legit chance that there is still more room for the market to go even higher. However, I for [...]
About a month or so ago, I wrote a post describing the details of my trading computer. However, as you know, a computer with great hardware setup doesn’t mean much unless you have the right software in relation to how you trade. So this here will be the second installment [...]
If you have been reading my morning trading plans, or if you follow me on twitter, you will notice that I mention a lot about how I will “scalp” various ETF’s throughout the day. While I am a swing-trader primarily, on the side I like to scalp a few of [...]
There has been a lot of commotion lately about what is termed the “Hindenburg Omen”. I’ve seen main stream news shows, talk shows and a ton of blogs writing about it. In fact if you type in “Hindenburg” on Yahoo, the first ‘auto-complete’ suggestion is “Hindenburg Omen” and not the [...]
One of the most important aspects, and in my opinion, THE MOST IMPORTANT aspect of trading is understanding risk. If you have been following this blog for any length of time, you know that I mention and talk about the risk-reward ratio in everyone of my positions that I take [...]
Please say it ain’t so! But believe it or not, there are a lot of traders out there that have charts that are as convoluted and messy as the chart you see above. […]
Let’s face it…there are tons, and I mean TONS of indicators one can use to trade with. Some of them claim to encompass everything you need in order to make dependable trading decisions – but let me just tell you right off the bat, that such bold claims is complete [...]
I’ve recently built my own trading computer, which is a first for me because in the past I’ve always settled for an off-the-shelf desktop from a local electronics retailer. However, this time I decided to build my own desktop with custom components. Now, don’t think that the better the trading [...]
Yesterday, I mentioned that I would begin focusing more on trading strategy and education while still maintaining the same level of trading ideas, stocks screens, trading plans, etc. Today, I want to talk about indicators and their use towards being a successful trader. The fact is, that indicators do serve [...]
{jcomments off}There are countless terms and sayings that are used in the world of stocks. For both the beginner and seasoned investor it can be difficult to know what every term that is used means. A word we use to mean one thing might mean something completely different to someone [...]
