Adam Hewison, INO.com President, sums up the sentiment I’m sharing in this news release which explains why “trying to catch a falling knife” can cut your account to shreds. If you were a Market Club member, you likely caught the signal on this stock 12 days ago. I liked Adam’s quote, “Markets often glide, then…
Last week, I was introduced to a new site called NewsFlashr, which was developed by the creators of the amazing Instant Bull stock market news/information website. NewsFlashr allows you to view headlines on selected topics quickly and easily, on such areas as World News, Politics (including the 2008 elections and primaries, which I follow daily),…
Adam Hewison, President of INO.com, recently released #5 in his Trader’s Educational Whiteboard series. These brief videos address a specific topic in trading, and are designed for you to learn the topic quickly. The most recent lesson is entitled “A Trader’s Key: The Game Plan.” In the video, Adam describes what you need to know…
Today’s educational video lesson from Adam Hewison at INO is entitled “How to Avoid the Most Common Mistake Traders Make Everyday” which deals with determining and placing stops. How many times have you – like me – placed a well-devised stop-loss on a trade and then had the market nip that price and hit your…
Ben at The Financial Ninja blog posted examples of “Really Scary Federal Reserve Charts,” in which he discusses some alarming facts straight from the Federal Reserve. Ben makes good use of the Federal Reserve website of St. Louis, which I had highlighted in a previous post about the coolness of the data available to you…
Adam Hewison of INO.com recently published an educational and informational video entitled Fibonacci Retracement Rule on trading price pullbacks with low risk through simple use of the Fibonacci Retracement tool. In the brief video, he shares his trading experiences on how he uses Fibonacci techniques and how he sets up trades in trends with reduced…
Dean Reese, contributor to the excellent and popular Trading Goddess blogsite, recently posted an article entitled “Playing to Win? Or Playing NOT to Lose” which underscored a major point I try to convey as well. Paul at The Market Speculator also posted an informative article entitled “Winners Trade to Win” which deepens the discussion beyond…
Rudy at the Ticker Tape Trader recently posted a variety of rules from famous trader Richard Donchian, famous for his Donchian Channels trading system made famous by the Turtle Traders. While I suggest you look at all the sample of guidelines, I thought I would highlight a few of them here: “From a period of…
Here is a sampling of blog posts I read this weekend which I feel you may benefit from as well: From The Smart Money Tracker: Inflation… Is There, or Isn’t There? “Inflation is simply too much money. When governments try to get something for nothing by printing paper currency it eventually flows into hard assets….
The magazine and news site Trader Daily reports that Societe Generale, France’s second-largest bank by market capitalization, reported a trading loss today of $7.1 billion dollars, topping last year’s stunning $6 billion loss in the energy markets by Amaranth. SocGen’s loss stemmed from potentially deceptive exotic derivatives positions and over-exposure to the sub-prime market. Also,…