12/24/2008
Day trading Technical Analysis:
The markets are in holiday mode with light trading and volume. If you are trading during the holidays you need to be nimble and take profits when you have them. Most of the indexes have broken above their 50ma. This was a great sign however they could not hold this key [...]
Archive for December, 2008
24 Dec
Day Trading Technical Analysis
23 Dec
Holiday Trading….
In between Holidays after such a high octane year all traders need a break. The Vix has settle below 50, currently at 43, still very high historically but much better than the levels we have been seeing. The markets need a break, and so should traders. This year has been amazing in many ways… as [...]
16 Dec
FOMC Trading
We started the week on very light volume and a couple of inside days, meaning very tight trading ranges, even the volatility index has been coming down dropping down to about 52. FOMC Tuesday comes along, and with Fed rates already at 1% the expectations were for a 50bps to 75bps cut in rates. You [...]
14 Dec
Success or Failure
A common question we get during our equity trader open house presentations is : How many of the traders’ that go through your program become succesful?
A good question, yet one that is not so clear cut. Industry statistics will show that anywhere from 90-95% of the individuals who enter the trading business will fail and [...]
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