Question: I basically swing trade. I always try to put on a position in 1/3’s. How does that work daytrading? Is there time to do a position that way? I like to have another good entry point to add to a trade. How is that possible in a daytrade. Maybe I just am not used to that fast of a … Read More
SMB Morning Rundown – January 31, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Perseverance
Perseverance: steady persistence in a course of action, a purpose, a state, especially in spite of difficulties, obstacles, or discouragement. At the start of the New Year, I set certain goals and high expectations for myself. However, in the month of January, I seemed to have a tough time trading. I started to have down days during my first two … Read More
Guest Blog: Intraday reversal trade
A look at a developing trader’s reversal trade in NBL on 1/29/11
80/20 Rule
Do you ever think about a company and critique what they can do better? There are steps they could take to make themselves twenty percent better and you have found the path. We are clients to some who could do things better and we have the answers. But the question becomes what do you do with this information. And what I … Read More
SMB Morning Rundown – January 28, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Why Am I Getting Stopped Out More? (Part III)
How to use wicks and other traders’ mistakes to our advantage.
Stealing from Jimmer Fredette
Jimmer Fredette is considered one of the leading candidates to be named Naismith College Player of the Year. I watched him play last night against SDSU. What a treat to watch someone with such advanced skill compete in an important game. Recently I caught his interview on PTI (below) and was struck by his training practices to become one of … Read More