One of my favorite day trading chart patterns to swing trade short term is the Symmetrical Triangle breakout. The Symmetrical Triangle formation is sort of odd since it appears as if energy increases as the stock moves closer into the head of the formation then it abruptly does a breakout. The anticipated target of the […]
Can I still be a millionaire day trader by the time I’m 50? At the time I first started stock trading in 1994, I started in mutual funds. I did not have much. I kept putting in a tiny bit of money each month from my day job to my stock trading account and when […]
I have received tons of attention on my pair strategy trade and the position I entered in both Apple and Research In Motion. I went long Apple and short Research In Motion. The approach of matching a long position with a short position in two stocks of the same sector is called pair trading. This […]
Brought into this world by way of George C. Lane in the late 1950s, the Stochastic Oscillator is a momentum guide that shows the position of the current close relative to the high/low range over a specific number of periods. George Lane M.D. (1921 to 2004) was a Doctor of Medicine, securities trader, author, educator, […]
This beautiful chart on Total System Services (TSS) says it all. Bought right before market close today.
Your search on information on the topic of avoiding losses in trading says to me that your brain is in the correct place. A large amount of newbie stock traders concentrate on greediness or the reverse of risk aversion. Amateurs imagine how much money they can make if their stock goes up to xx, and […]