Saturday, February 4, 2012

July 2009

A Shooting Star on SPY

day trading strategies, day trading tips, day trading blog, day trading, daytrading, stock market, stock blog, stocks, stock trading, online trading

As normal trading hours wound down today, I mentioned on Twitter via Stocktwits, that the current candle formation on the SPY daily chart is an ominous sign for the bulls. The Shooting Star The shooting star is one of the more basic candlestick formations. It is the final candlestick in the chart above. What characterizes [...]

Out Of Focus

chart shark, chartshark, day trading, daytrading, day trading strategies, day trading tips, day trading blog, stock market, stock blog, stocks, stock trading, online trading

Today was just one of those days.  No matter how hard I tried I could not focus on my day trading.  I didn’t get my system up until after 10, and didn’t have the time to scan the news for anything new for my watch list, or get a feel for the markets. I then [...]

A Trade in Tweets – RIMM Short

chart shark, chartshark, day trading, daytrading, day trading blog, stock market, stock blog, stocks, stock trading, online trading, stock watch list, stock watchlist, amazon, amzn

I had quite a morning day trading today.  The following is a transcript of my Tweets sent via Stocktwits as I traded RIMM. Since it all happens so fast, it is difficult to really give followers a picture of what I’m actually thinking, so below I’ve added what I was thinking at the time, and [...]

Amazon Buys Zappos and Creates a Day Trade

chart shark, chartshark, day trading, daytrading, day trading blog, stock market, stock blog, stocks, stock trading, online trading, stock watch list, stock watchlist, amazon, amzn

In my post,  “10 Ways to Build a Better Watch List,” I discussed how you might spend your pre-market morning finding great stocks to trade.  Amazon (AMZN) is on my core watch list, but if it wasn’t, it definitely would have come up on my radar using the criteria in that post. There was news [...]

Rainbow Moving Averages

As my hometown wrapped up Gay Pride Week with a delightfully flamboyant parade, I wondered how I might use the powerful symbol, the rainbow, to represent the goings on within the stock market. I mostly use the SPY as my general market indicator, so I pulled up a daily chart and employed some tricky technical [...]

Do Poker Players Make Good Day Traders?

chart shark, chartshark, day trading, day trading blog, stock market, stock blog, stocks, stock trading, online trading, poker

I have recently taken up poker at the insistence of my friends. My friends range in skill level from beginner to the guy who takes thousands of dollars from the old dogs at the local underground poker ring that may or may not exist depending on who’s asking. Like most traders, they are very generous [...]

Day Trading Watch List

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A better day trading watch list means better trades, and better trades mean bigger profits. The stock market is a busy place. If you don’t have a focused watch list you’ll flip from stock to stock without stopping to make a trade. To maximize your profits, spend at least 30 minutes sorting out a watch list prior [...]

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