Look at the chart above. Say you shorted RIMM below 45 and got stopped out at 45.16, develop a reason for this loss and then continue reading. Ok great to have you back with us. Today during a teaching session Bad A$$ Mike shared a trade he made on the Open getting short RIMM below 45. Steve whispered in … Read More
The Financial Media, Game Change and Trading
We learn in Game Change that John Edwards rose to serious presidential candidate with a pregnant mistress. He was running as a devoted family man. In this same book we learn that John McCain’s staff legitimately wondered if Sarah Palin was psychologically stable, yet she was the VP selection for the Rs. Everyday trading gurus go on TV and make … Read More
Uncovering Intraday Relative Strength: A Clue to Market Sentiment and Direction
A look at how short-term relative strength can give insight into the power of the bulls vs the bears and future market direction.
Unveiling the Art: Technical Analysis – Background and History
A look at the roots of modern technical analysis.
Major Market Sectors and Money Flows
Adam “Aceman” Grimes looks at the money flows between major market sectors
An Inside View of How and Why I Review My Trading Data
Gman, head trader at SMB Capital, wrote an excellent article for Wall Street Cheat Sheet about the methods he uses to review and analyze his trading data.
Watching Order Flow and Tape Reading To Find Good Trades – TraderInterviews.com
Gilbert “Gman” Mendez, head trader at SMB Capital, sits down for an interview with Tim Bourquin from TraderInterviews.com.
JToma talks Banks, SPY, and GS on CNBC’s Fast Money Halftime Report
News today was focused the repayment of TARP funds by 10 of the big banks. This news has been circulating in the market for quite some time and I believe that it was priced into the financials. The TARP trade for most financials is finished! In the broader market it seems that we are continuing to trade in a range. … Read More