A wrap up to the series on randomness in markets, with some practical trading advice.
A Sea Of Blue
For the most part as expected the market has been quiet this holiday week. This is clearly demonstrated by this screenshot of theSMB Radar. We use color coding throughout each list to quickly assess how In Play any given name is. Red indicates “hot” and blue indicates “cold”. I know–we are so clever. Overall, when you see 90% of the … Read More
Morning thoughts 12/29
Good morning traders, I am traveling and away from the computer all day. (Driving 9 hours back to New York, a big Thank You to Continental Airlines for that one, but don’t get me started…). I don’t see a lot in terms of setups today. Everything I had said from past days applies here: focus on specific in play stocks … Read More
Randomness revisited: random levels?
Another look at randomness in markets… this time looking at random S/R levels drawn on real price charts.
Traders ask: VWAP?
A brief look at VWAP: what it is, how to calculate it, and some ideas for how you might use it in your trading.
Evaluating your trading results (part 2/3)
Warning: very detailed and technical blog ahead, but if you are an active trader and not keeping really good records, maybe this post will help you.
Oh—-The Pain!
During today’s morning meeting we discussed some of the recent reversals we had seen in stocks that were trying to push through longer term support. We took a look at reversals that had recently occurred in MON and WYNN. Both stocks attempted to drop longer term support last week but failed. So I suggested that UAL might be a good … Read More
SMB Morning Rundown – December 20, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.