The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
SMB Morning Rundown – April 26, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Traders Ask: Too Much Risk?
I received this email over the weekend from Reader David, a developing trader, improving daily: Hey Bella! How bout’ this market! Just so much opportunity, and great setups that I am seeing everyday. Today that trade was ABIO over 5. I got long 2 lots on the break and added above 5.50, sold out near the highs and waited for … Read More
It’s the Price Action Stupid!
Borrowing phraseology from the Ragin Cajun and former advisor to President Clinton, James Carville: it’s the price action stupid! Why is the market going up with unemployment so high, consumer debt outrageous, an environment where taxes must go higher, energy 5xs the norm, housing still depressed, access to credit stunted, expensive war expenditures, the Greece failure, a weak dollar, and … Read More
SMB Morning Rundown – April 23, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Traders Ask: The Benefit of Being an Idiot
I received this email from Reader Bob titled “Someone has to tell me to stop being an idiot like I was today”: Might as well be you :-). So overtraded, didn’t focus on my edges, missed my #1 set-up on LEN (top of my trade plan). The easiest $1 anyone will see when it walked through the top of the … Read More
SMB Morning Rundown – April 22, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
After Hours Trend with Confirmation Pattern
After the Close it can be tempting to leave the battlefield. I am tired. I could use a snack and some liquids. There are some emails to return. I didn’t check out that rain dance baseball video on Youtube yet. It is so nice out maybe I can sneak out early for a run. Who needs to risk taking a … Read More