When I look over my trade logs I can see I’ve always been a trader that tends to short stocks as oppose to going long. For one reason or another, the idea of going against the grain always appealed to me as someone who could take advantage of other traders’ fears. The old saying that “stocks take the
I’ve been a loser many times in my trading career. Sometimes I come to that realization after merely stepping outside my office for some fresh air and returning just five minutes later. Other times in my career, I have had the official “aha” moment where newly discovered trading habits negate months worth of practice.
These 5 stocks will be towards the top of my day trading radar this week. This list is made up of high probable stock setups from the previous week's price movement. These tickers tend to match my criteria of volume, high range,and historical price movement with suitable risk vs reward setups. These stocks also
On Sunday I posted the Watchlist below: 1 $KORS- A sweet fake breakout to all time highs sent the longs selling away. Should be some great price action this coming week. 2 $NFLX- A series of upgrades and downgrades have sent this company in a commotion of volatile trading ranges. 3 $LVS-This crowd favorite has trended
A Series of What Separates Consistent Traders From the Crowd: #1 Discipline Here we go, another token article expressing the importance of discipline in your trading habits. Blah, blah, blah! Cut your losses short; don’t add on to a losing position and never risk more than you can afford to lose. The reality of
These 5 stocks will be towards the top on my day trading radar this week.
{denvideo http://www.youtube.com/watch?v=z_BEJmY911s} I cannot stress the importance of sound and disciplined trading during these times of low volume, market chop, and pre-election blues. Since joining as a contributor to Shareplanner.com, my goals are to post analysis on day trading and discuss many of the strategies I personally use as a full-time trader, researcher and consultant. Despite the fact that intra-day trading has been much slower than usual, I can still count
Each week I like to create Wall Street Nole’s top 15 stocks to trade. This list is made up of high probable stock setups from the previous week’s price movement. These tickers tend to match my criteria of volume, high range and historical price moment with suitable risk vs reward setups. These stocks also have a
I’ve seen it time and time again. Traders bust into the chat room at 9:27, double check the watch list posted, and by 9:36 they are in 3 positions! They have no clue where their stop levels or targets are, nor do they have any familiarity with the volatility or inherited risks in price fluctuations.