Range-Bound Market Strategy
While trading choppy markets is a recipe for losses, well defined sideways trends can actually offer high probability trading setups.
Is The Nasdaq 100 Toast?
Is The Nasdaq 100 Toast? Not so fast Larry, but allow me to shed some light on a couple of concerning point about these mega cap tech stocks and their potential risks to the broader stock market.
How to deal with a breakout fake-out
One of the more frustrating things that happens to traders is when a perceived ‘breakout’ quickly reverses back in the other direction, leaving the trader holding the proverbial bag. In this video I show you way of dealing with this issue.
Why Trading Is So Hard Part 1
Understanding and more importantly embracing the randomness of markets is a key factor to success as a trader. THIS IS IMPORTANT!
Weekly Charts!
Many traders are accustomed to using daily charts as part of their analysis. However, using weekly charts brings about a whole new dimension for much needed perspective.
Here’s The Thing About Gold…
While gold as an asset class over the longer term has certainly withstood the test of time, its nearer term gyrations are often tremendously frustrating to traders trying to play. In this video I share two key aspects of gold that must be respected as well as a price level to watch…
This Stock for This Week
Money never sleeps. One trade I am looking at this week is in a sector that has been lagging the past few months. It’s a major stock in this sector. Oh, and today I am also giving away three Profit Pro Income System 1-Year Subscriptions.
Be Prepared
One of my trading mentors used to remind me daily to always ‘be prepared’ for any market outcome and to ‘see both sides.’ That means always having a backup plan in case your market view does not pan out the way you expected it to.
My Favorite Book on Trading
My favorite book on trading is not about charts or any other type of analysis. The book is about the mental aspect of trading: ‘Trading in the Zone’ by Mark Douglas.
This Major Stock is a Warning Sign
While no single stock can alone forecast a broader stock market move or rally, shares of Starbucks can be a a good tell tale. Currently SBUX stock is flashing some concerning signals.