May 25th, 2007 by Corey Rosenbloom
Investors certainly are skittish lately. One of the biggest drags on the economy - many economists say - is the declining housing market and its effects on the American consumer.
With stock prices still advancing, bad economic news has had little effect on the general market, at least not to the extent expected.
We recently learned that […]
May 24th, 2007 by Corey Rosenbloom
As mentioned in previous posts, you don’t have to be right to make money. In fact, the need to be right can actually cost you money!
If you find yourself frustrated by incorrectly guessing the market or a stock’s direction, give up! No, I don’t mean quit trading. Try a different strategy. […]
May 23rd, 2007 by Corey Rosenbloom
If you are fed up with trying to guess the direction of the market and being wrong, try experimenting with these trading ideas:
Place stops on alternate sides of technical decision nodes
By this, I mean find a spot where the market reaches a known barrier and forces itself into the difference between two outcomes.
Place a buy […]
May 22nd, 2007 by Corey Rosenbloom
I have read many times how it is more important to make money in the market rather than be right-on with your opinion of price action or market direction.
How many times have you excitedly told your friends or family what the market was going to do the next day? Or what direction a particular […]