Bella asks readers whether this trade in LMT is an A setup or a B setup.
Make Trades Your Own
After the Close we watched video of HRB (H&R Block). 16 was a huge level on our longer term charts. And HRB found this level. And a few interesting questions were raised during our Tradecast. One was: would you buy before you saw strength on the tape at 16 or would you just buy? There is no right … Read More
Part of Being a Successful Trader
For those of you who trade as part of a desk I’m sure you have heard expressions like these a thousand times: “I can’t believe I missed that move in XYX. I was wating for that breakout for a week!” “I got stopped out in ABC then it took off!” “I missed getting hit on the bid by a penny … Read More
A Great Exercise to Improve Your Trading
I can hardly see. My wrists are killing me. My brain is so tired I can barely remember the stock I was trading in the After Hours (AH). Oh yeah AAPL, that tech company run by one of the best CEO’s in the country that everyone has been blogging, talking, and opining about. Cramer is chirping something about something in … Read More
I Should Have Made This Trade
Bella answers the Question from his post on Friday about whether he should have bought UPS in front of 60.08 after it broke out from that level on the Open.