We’ve adjusted a position in the Paid-to-Play portfolio today: [Read more…]
Chart of the Day: Here’s Your Catalyst
The Math Doesn’t Work When You Suffer Big Losses
I was talking with a relatively new day trader last night at my twice-monthly trader meetups here in Colorado. We were chatting about stop losses. Or more specifically, his inability to stick to his “mental stop loss levels.”
As you can imagine, this was leading to him taking occasional big losses – which were wiping out good runs in the market.
He’d make a few hundred bucks several days in a row. He’d then lose it all (and then some) on one bad trade.
A lightbulb went off in his head when I reframed the importance of not taking big losses. No doubt many of you are shaking your heads and uttering – duh!
But for this gentleman, it took me breaking it down this way for him to get the picture: [Read more…]
Swing Trader Pro: Morning Briefing (10-26-2022)
From the Desk of Kimmy Sokoloff
Two heavy hitters, $GOOGL and $MSFT, reported last night, and they both traded lower after hours.
Futures seem to be holding steady.
Stocks go up in Bull Markets
Swing Trader Pro: Afternoon Briefing (10-25-2022)
That was a nice follow-through day for the indices.
The SPX hit resistance around the 3,850 level, and you have the 50-day moving average at roughly 3,868.
Swing Trader Pro: Morning Briefing (10-25-2022)
From the Desk of Kimmy Sokoloff
The market held overnight, which is a good sign.
We’re now back to the levels seen in early October on the SPX. Support for the $SPY is at 374.8, with resistance at 380, then 386.
Bull Market Confirmation
How do we know if we’re in a bull market or not?
Generally speaking, more stocks are going up than going down in bull markets.
And sure, there are a lot of different ways to quantify it, but this is really the gist of it: Are more stocks going up or are more of them going down?
It really is that simple. [Read more…]
- « Previous Page
- 1
- …
- 280
- 281
- 282
- 283
- 284
- …
- 948
- Next Page »