how to be a patient trader
Michael Jordan was very famous for “letting the game come to him.” He didn’t take a shot every time he touched the ball, he was patient to get a feel for the flow of the game. If you ever hope to become a...
Read MoreAuthor: Erik Solomon
Columbus Day Trading
For the most part, Keystone traders came in to work on what could turn out to be the lowest volume day so far this year (SPY traded 110mm shares vs. a 60day MA of 185mm shares). Nonetheless, the fact that we are near out 52week...
Read More$Debbie What are my trade scenarios to start week of 10-12-09?
JPM: Long above 46.05;Stop 45. 80; Profit Target 46.50 and then 50.00. or On range bound day, test trade long from low of day. AXP Long above 35.10; stop 34.85; Profit Target 36.00 Or On a range bound test trade long from...
Read More$Debbie: What do trading and a roller-coaster ride have in common?
If you followed my last blog post then you will remember all the reasons why I was not ticted at myself for giving back morning’s earnings on a very difficult afternoon trading session yetserday. Today, (Friday, October,...
Read More$Should Debbie Be Ticked At Herself After Today’s Trading Session?
Today (Oct.8.2009) I had one of my best P/L days to date up until about 12:0o or so. My nice P/L that I worked for in the a.m. disappeared, went negative, and came back net positive by a smidge by the end of the day. First, a...
Read More$free audio: September Mastermind meeting
We have had quite a few requests for the audio of our September Mastermind meeting so here it is! Please feel free to download the two hour presentation. The topic was :top 3 things that do not work in your...
Read More$Debbie: How do we foster success in our trading?
On my marathon to becoming a professional daytrader of equities, I have recognized some variable (from my personal experience and my interaction/discussions with other traders) that foster successful trading....
Read More$Debbie: What was my trading lesson today?
Today there was opportunity to be had in the market but it was not made easy. A breakout to the upside led by banks and then some sideways movement followed by a slow grind up meant for some difficult trading....
Read Morepaying for your trading education
Stop what you are doing and give it to me for free. I don’t want to work for it and I don’t want to pay for it. I want yours. So if you don’t mind please give it to me. I want to make money...
Read MoreVolume and the Markets … An observation…
Would be nice to see higher volume on an up day like today vs. the higher volume we saw on Thursday’s down day. Although the markets have held their 50ma on the daily charts, they have not bounced off these levels on high...
Read MoreFree E-Book
TraderPlanet’s Quick Guide to Candlesticks
