Volatility has ticked up in recent weeks. It’s about time. The major U.S. equity indices and currency markets have presented some sizable intraday movements. Uncertainty is beginning to re enter the markets. This is the time when traders shine the most. This is when the average traders improve and the good traders become great. Investors and uninformed watch their accounts … Read More
Traders Ask: How Do You Prepare for the Trading Day?
A video blog that shows some ideas for ways to review important setups for the next trading day.
The Bottoming Process
There is a lot of money to be made in a stock that has been beaten down. Generally, after a stock has been destroyed for some fundamental reason it will have some type of longer term bounce where traders can gather information from its price action over the course of several weeks. In the case of RIG it bottomed back … Read More