This Month’s edition of Stocks, Futures, and Options Magazine focus on Day Traders, including strategies and realities, and how the activity has evolved since the 1990s. Specifically, articles include, “Day Trading: Too Much to Get Nothing?” “The Evolution of a Day Trader” “Day Trading with ETFs” (Article has a special place in my heart! It’s…
Andy Swan recently provided a brief but very informative post regarding Entrepreneurship, Trading, and Poker. It’s mostly summary sentences that underly major points that deserve greater thought and consideration. For example, there is so much to the brief sentence: “Hesitation is worthless. Decide quickly, make your move….make it big and be prepared to change course…
The site “Stock Trading to Go” recently shared ten suggestions for newer traders to learn investing. Recall that trading and investing is different, and I lean far more into the trading camp, but I thought it might be worthwhile to link to a post regarding beginning investment ideas. To be honest, it’s not a complete…
Not long ago, I was invited to join a chat at Ed Heath’s website “Stocks 2 Watch,” which contains Mr. Heath’s swing trade stock selections based on two screens that he runs. I enjoyed the chat, and – with Mr. Heath’s permission – wanted to mention his site for interested readers to examine. In addition…
Dr. Bruce Hong at the Trader Psychology blog recently provided the interesting thought on what it’s like to live on $400 per day – did you know you could live just like a typical physician?! That’s right. Dr. Hong details what a median physician salary breaks down to daily terms, and arrives at the figure…
I recently came across the following deep and interesting link on StockBee‘s site, in reference to an article by Matthew Rees entitled “The Hunt for Black October.” Author Rees discusses various perspectives from the events leading to the major 20% decline in the Dow Jones Average on “Black Monday,” October 19, 1987 and includes many…
With the recent declines of February and August 2007, many traders – who were rapidly making money – experienced deep fear and losses and may now approach the financial markets differently as a result of these ‘shock’ declines and potential major account losses. It only takes one or two instances where you are shaken to…
Richard from Move the Markets provided a detailed post earlier this year entitled How to be Consistently Profitable in the Markets which absolutely deserves reading and further study. Without stealing too much of his thunder, Richard begins his discussion with the popular topic of Expectancy and provides a new calculation for the concet which eliminates…
Dr. Bruce Hong at Trader Psychology recently detailed to us four levels of belief in his post “Belief“. Beliefs follow the following four-step progression: 1. Opinions 2. Belief 3. Conviction 4. Core Conviction Not only do these principles apply in the market, but in various interpersonal communication, including miscommunication as a result of a failure…
Do you want to know what the “Big Boys” are up to in the Stock Market? It has often been said that if you follow the “Big Money” or “Smart Money,” then you will often have a greater chance at success in the stock market. Some traders profit entirely off of reading “insider trading” reports…