Sometimes it can just be a tweak here or there that can make a difference in a traders career. Last month I had a conversation with a trader who was struggling to make consistent money. As a matter of fact he was losing money steadily, his trading was all over the place.
We did an analysis of his [...]
Archive for March, 2008
27 Mar
day trading for a living
12 Mar
day trading outlook
Yesterdays 400 plus point rally in my opinion was nothing more than short covering. The new trader will automatically think a big up day is always big buying. You have to analyze data in relation to its price action.
When you hear “short covering rally” it means the commentator is trying to tell you we are [...]
4 Mar
stock trading for a living: are you a trader or investor?
This might seem like a simple question for a stock trader but take some time and really think it out. My definition of a trader is a someone who takes risk soley based on price and volume. My definition of an investor is someone who speculates based on the current price of a stock that it is [...]
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