Hold it or fold it time for Facebook stock
After falling sharply over the past few weeks shares of Facebook $FB have reached a critical point on the charts. A tradeable bounce could occur here but it might soon run into sellers again.
Pro Tip: Monthly Charts
Looking at charts in multiple time frames is essential to success in trading. But how many of you use monthly charts? Watch the video to learn the importance of using monthly charts at month and quarter-end.
Why It’s Different This Time
Understanding market leadership within the stock market is crucial for success in the markets. To wit, big important technology stocks have been giving up leadership and that’s causing some concern.
Is The Gold Breakout To Be Trusted?
In my eyes gold is one of the more challenging assets to profitably trade. Nevertheless, last week’s rally in the price of gold and thus also in the GLD etf is noteworthy as it brought about both absolute and relative strength.
Two Great Ways To Lose Money
While there are many ways to lose money in the stock market, two of the best ways are by fighting trends and trading choppy sideways markets.
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.