The current market environment has been filled with opportunities, the last hour of yesterday and the last 30 minutes of Friday being the best example. The money has been there but only to the flexible trader who is...
Read MoreThis morning was a tough read. Myself coming into today had a short bias thinking that we were going to test the lows of last Friday and possible break lower. We opened around 250 points below yesterdays close in the SPY near...
Read MoreWhen you go home at night and do your homework, what is your thought process? Are you coming up with a well thought out game plan? Are you letting that game plan play itself out during the day. How are you...
Read MoreWith the uncertainty that has been coming out of Europe the need to watch the markets overseas has increased dramatically. Participants in the market seem to be buying and selling stock based completely on the relationship...
Read MoreEvery trader makes mistakes. What separates the traders who make it in this business and the traders who are a statistic is, do you learn from your mistakes? The first step is identifying the mistake. The next...
Read MoreWell, what can I say? What a wild week it was. As a firm we had been noticing some of the signs that the sentiment in the market could be changing, but who could have expected what we got on Thursday and...
Read MoreThere are many different fazes a trader must go through to be consistently profitable. One of the last stages/goals a professional trader has to accomplish is trade management. This could means different things for different...
Read MoreAs Eric wrote about in the blog yesterday some recent action in the market has made us start to pay some more attention to the short side of the market. Eric identified 118 as the area in the S&P 500 as support...
Read MoreHold on to your Shorts? Well, if you are an intra-day trader, the answer was no for today. If you are a swing trader or even an investor, the answer for now would be yes! After Friday’s sell off ,...
Read MoreOver the last few days the overall complexion of the market has seemed to change a bit. The price action has seemed heavy with some very strong down moves in previously strong stocks and sectors. Now obviously...
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