Jeff Davis @Shaq48_Trading
Traders Ask: Stocks In Play of a Basket?
Question: Hello Mike, My question concerns mostly to stock selection and tactic of monitoring the market during the trading session. I’m thinking about it a lot last time and I’m very interested in your opinion on that. There are always a lot of opportunities on the market, especially during the earnings season. So we have 2 choices: 1) The first … Read More
Kicking Around On a Piece of Ground: Embrace Trading Success in Your Hometown
“Ticking away the moments that make up a dull day You fritter and waste the hours in an offhand way. Kicking around on a piece of ground in your home town Waiting for someone or something to show you the way.” Makes me wonder if someone from Pink Floyd tried being a remote trader. Trading from home alone is both … Read More
What are your trades in MON? (The answers)
Non-experienced traders should not be trading MON during a conference call. Experienced traders not listening to the conference call should not be trading during the conference call. Experienced traders who do not know a great deal about MON should not be trading this during the conference call. So this was a bit of a trick question (couldn’t fool @thearmotrader). But … Read More
Traders Ask- GD Trading
Hi Mike, I am hoping for your insight on a trade I’m making today. My uncertainty in this trade it typical of what I find in a lot of my trades. I am trading GD as a second day play. My thinking is that the sell-off yesterday was overdone and that it ultimately held important support at 73. I was looking … Read More
What are your trades in MON?
What are the intraday trading opportunities from MON on the Open? First we have to indentify the patterns that are worth our attention. And then we can hammer down on how best to execute. From the chart below what trades makes sense to you. Be back later with some thoughts of my own. Hint: during our AM meeting we identified … Read More
Find the Least Competitive Stocks (Part II)
“Least Competitive?” At first blush it sounds almost like admitting defeat. Come on, I’m a trader. In order to make it in this profession and derive a good living I have to be able to bang with the big boys right? Let me give you one of the analogies that I use when mentoring that may coax you to think in … Read More
Loss Aversion and Irrational Focus
A passage from The Economist that may help our trading- The referee’s an anchor: A new book looks at the behavioral economics of sport “Loss aversion”, the tendency for people to care more about avoiding a loss than about making a similar-sized gain, is rife even among the greatest champions. Evidence from a huge database of near-identical putts shows that, along with … Read More