A look at the roots of modern technical analysis.
After Hours Trading Gameplan
Yesterday I went home mad about my trading. Couldn’t believe the market cracked so hard and the shorts were so difficult in the stocks I was in. I came home and ITMN opened after being halted. I opened my platform, didn’t even bother to open charts and just got cracking. 20 Minutes later I was net positive. Like Bella says … Read More
Stop Paying the Offer
Insanity: doing the same thing over and over again and expecting different results. Albert Einstein The past two days I have witnessed downmoves in NTRI and ITMN caused by undisciplined traders paying the offer. I tweeted yesterday: If you are paying the offer in $NTRI you will make it go down. The HFTs are waiting for you to pay 4 … Read More
SMB Morning Rundown – May 05, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
This Seems Familiar
Back in late January FCX sold off from 90 in a hurry. I started to look for an oversold bounce around 72. That didn’t work so well as it traded down another six points. I remember Gman and Joe P looking for a bounce in X a bunch of times because it had sold off from 65 to 53 and … Read More
SMB Morning Rundown – May 04, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
“One Good Trade” Review – TraderFeed
Respected author and trading coach, Dr. Brett Steenbarger, reviews Mike Bellafiore’s forthcoming book, “One Good Trade”.
Major Market Sectors and Money Flows
Adam “Aceman” Grimes looks at the money flows between major market sectors