I just went long DIG this morning. This is a longer term hold and sell the next time oil spikes up.
Now some of you seasoned traders might being thinking what? Seasonally, oil drops at this time of year. However, the market appears to be doing just the opposite. Remember, when something is supposed to happen and the opposite occurs, it’s time to pay attention.
In my latest video, I look at November oil futures and show you a pivot point that if oil breaks above, we will are going to the next Fibb. retracement level.
Trading is a guerilla war between tiny you, and the better armed institutional traders. And while you might not be a financial professional, that doesn't mean you can't win this battle.
Adam Hewison is a former floor trader and past member of several major exchanges including the International Mo.... More »
Most investors think that swing trading has more risk associated with it than just a buy and hold strategy. Most investors think that day trading is even more risky.
The opposite is true.
The longer you hold a position in the market, the more risky it becomes.
Think of it like this. When yo.... More »
A Warren Buffett entry point is when you find that rare stock with its current price below the perceived value.
Warren Buffett does not buy a stock that he would not feel comfortable owning for the next 10 years. He looks for businesses that are:
- Run by honest managers
- Having go.... More »
I've come to the conclusion that it's a waste of time arguing with people over YouTube, Twitter, and other social media services.
I've spent the greater part of a day taking the fight to my ideological opponents rather than playing defense and waiting for them to come to my channel and troll my v.... More »
We nailed a huge winner today in HOV. This was a 7.5% win in less than 1 day. CHA-CHING!
In this lesson I will show you the stock screener I used to find this stock and what the settings for the stock screener were.
Folks, if you haven't notice something about the market since 2008, then you r.... More »