How quickly things change in the world of trading! We have now sold off for 4 consecutive days on above average volume. Just a week and a half ago, it seemed like we would never have a down day again. Psychologically the SPY hit...
Read MoreTagged: day trader, day trading, day trading blogs, day trading stocks, forex trading, investing, online stock trading, online trading, prop firms, prop trading, proprietary trading, proprietary trading firms, stock trading,...
Read MoreWe have been mentioning for the last couple of weeks how the markets have been making 52week highs as more and more stocks make 52weeks high as well. What we have been noticing is the start of possible distribution at these...
Read MoreThe cousins of impatience are: 1. Pushy I am introducing you to “Pushy”. Pushy is the cousin of Impatience who keeps the trader thinking that something is obvious and limits must be tested in order to capitalize on...
Read MoreWhether you trade $RIMM or a slow mover like $MSFT you must use leverage properly. One of the most common killers to a potentially good trader’s career is misuse of leverage. A good trader will always be aware of the...
Read MoreJust a quick thought. As a trader who focuses on 4 stocks from 2 sectors, it is always tempting to search outside my “basket” when my four stocks don’t seem to be doing much. Given the opportunity, I have done...
Read MoreMany challenges are presented to every trader throughout any given trading day. One that Debbie has overcome in the short term but continues to work on is renetering a good trade idea after taking a loss on the first...
Read MoreAfter breaking down through 44.00 QCOM has been in a bit of a funk. It has tested the 200 sma on the daily several times and still is unable to break it. (200 sma daily is 41.58 for now). In order for a real move to the downside...
Read MoreAfter breaking the 22.00 area ORCL seems to have gotten some gusto. The daily chart is relatively flat; however, we can see that order flow has taken a turn to the upside. A nice two day trend to the upsdie on the hrly and...
Read MoreThe charts (daily, hrly, and 15 min.) are still giving us mixed pictures with the daily maintaining an overall trend to the upside, the hrly flat, and the 15 min. favoring the downside. The interesting aspect of the daily...
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