Gold Bugs: Two Ways Not To Let The Dollar Punch You In The Face

Throughout the course of an average trading week, you’re probably faced with 5 to 10 different things that make you say, “Man, if I knew that was going to happen I would have exited that stock.” If you are still in gold or gold mining stocks, then the dollar laid a hard one right on […]

The Black Art Of Trend Trading

Trend Trading

Trend trading is about holding your positions for a long time, perhaps even for several months. To trend trade, you need to hold your position while the stock reacts against the main trend. Now no one is going to mail you an invitation to join the party when the stock takes off. When a trend […]

Revenge Trading: Settle the Score With Moving Averages

So you just played the greatest fool by chasing a stock higher. Right after you bought, the stock took a dive and you stopped out for a 12% loss. You knew you shouldn’t have chased the stock. But how did other traders out trade you? What were THEY looking at that YOU weren’t that told […]

Move To The Sidelines For the S&P 500, Nasdaq, and Dow

It’s time to stop trading and move to the sidelines. Knowing WHEN to trade is just as important as knowing WHAT to trade. All the major indices have dropped into a trading range and until we know which group, the bulls or the bears, has control, it’s best to sit on the sidelines. As a […]

New Traders Sideline Mystery

Knowing WHEN to trade is just as important as knowing what or how to trade. Weekly indicators like the MACD take priority over daily indicators. Determine the larger trend then trade with the trend. On days a stock trades sideways, assume continuation of the previous trend. If you are on the sidelines and thinking about […]