The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
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
The Evolution of a Trading Answer (Part I)
Recently I was sent this question from one of our SMB Training trainees: On day 10, you show a video about flipping in SLM. When watching the video I could understand your thought process of entering and flipping based on looking at the tape. Nonetheless, what I could not understand when watching the video is your thought process when wanting … 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.
Morning Thoughts 12/20/10
Good morning traders. Some excerpts from the morning note I wrote this morning for Waverly Advisors: Equities: We do have a bit of a mixed bag coming into this week in the global Equities markets. On one hand, our domestic markets seem to be set up quite well for another leg in the rally. Microcap indexes have cleanly taken out … Read More
Higher Time Frame
The concept of a “higher time frame” can have a positive impact on your trading results. In other words whichever time frame you are observing price action to make a trading decision you should consider a longer time frame to assist you. In my experience you can increase your win rate if you make trades in the direction of the … Read More
Evaluating your trading results (post 1 of 3)
A near perfect set of records is the first step in understanding your performance as a trader