Thursday, May 17, 2012

All Entires

If You’re Short Amazon (AMZN), Raise Your Hand

shorting stock, day trading, day trading strategies, against the market trend

If you’re short Amazon (AMZN), raise your hand and Tommy will come over and hit you on the head with a tack hammer. There was no end to the stream of people getting killed trying to short this stock.  I’ll admit, this was one of the stocks that I talked about day trading yesterday. I tried to short [...]

Groundhog Day Trading

day trading blog, day trading strategies, day trading mistakes

Day Trading Mistakes Happen.  Get Over Them and Move On Have you ever seen the movie Groundhog Day?  It stars Bill Murray as a disgruntled weatherman who’s pissed about his assignment to cover the events surrounding Groundhog Day in Punxsutawney.  Due to a blizzard after the events he is forced to spend the night in [...]

Trade the Trend

trading the trend, day trading blog, day trading strategies, day trading tips, daytrading strategies, daytrading tips, day trading, daytrading, stock market, stock charts

An alliterative title and a simple message; trade the trend. Sam of Tradersam’s Blog wrote a this post today about a website called Wordle.  This program takes any block of text, including that from a website, and converts it into a word cloud.  This allows you to visualize what the site might be about. Trade the Trend [...]

Stop Micromanaging Your Trades

bracket order, day trading blog, day trading strategies, day trading tips, daytrading strategies, daytrading tips, day trading, daytrading, stock market, stock charts, trade management

What do you do once you’ve entered a trade? Do you already know where you’ll exit, be it a win or a loss, or do you just meander along until you feel like exiting? Or, even worse, do you sit there and agonize over every single move in your stock; exiting too early or too [...]

Trading Without Bias

day trading blog, day trading strategies, day trading tips, daytrading strategies, daytrading tips, day trading, daytrading, stock market, stock charts

I am not a bull, or a bear, I am a shark.  I trade without bias.  This allows me to be fast and flexible with my trading decisions.  The market continues to defy gravity, yet there are still people out there fighting the trend and attempting to be the first to predict the top. We [...]

How To Read Stock Charts for Dummies

how to read stock charts, stock charts for dummies, day trading, day trading strategies

You seem to think chart analysis is a lot more difficult than it really is.  Instead of giving it a go on your own, you rely on the wisdom of us brilliant chartists to hand you money-making set-ups on your favorite stocks. I am here to tell you, friend, that it’s not that difficult to [...]

Setting Stops to Protect You from Yourself

day trading blog, day trading strategies, day trading tips, daytrading strategies, daytrading tips, day trading, daytrading, stock market, stock charts, range breakout

Before ever entering a trade, you should already know how you are going to get out.  The trade should be planned end-to-end, whether the plan turns out to be a winner or loser.  In this post I’m going to discuss how to set stops to protect yourself from your biggest enemy, you. Mental Stops Mental [...]

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