Posted on March 11, 2009 by Adam
Whether you are a long term investor, a trend trader, or a swing trader, selling covered calls can help make your trading more profitable.
A covered call sounds more complicated than it is. If you own stock, a covered call is as simple as selling a call on the stock that you own. This strategy can [...]
Posted on March 5, 2009 by Adam
Trading is hard - I’ll be the first to admit it. But that doesn’t mean we can’t be profitable over time, even if the market is down.
The key lies in defining your risk and reward on every single trade
What do I mean by risk and reward? I define risk as the maximum amount the trade [...]
Posted on February 19, 2009 by Adam
I’m not superstitious - I promise. But I can’t help but notice something strange that’s going on with the S&P 500. I have noticed something in the charts that has me very interested.
Looking at a point and figure chart of the S&P, we can see that it went on a sell signal last week, which [...]
Posted on February 15, 2009 by Adam
Who are better at trading: men or women?
Sorry, guys, but the girls have the edge here. In general, at least. I am a living exception to the rule, given that nobody beats me in trading!
In all seriousness, studies have shown that women make far better traders than men. Women tend to be more cautious, willing [...]
Posted on February 10, 2009 by Adam
Some pullback, huh?
With the dow down 400 points and the VIX spiking, I have to admit I feel a little bit more worried about the state of our economy. My opinion is that we ultimately have more deleveraging to do before this market can reset itself.
Then why in the world am I looking to buy [...]
Posted on February 8, 2009 by Adam
I promised to share some trading strategies that I use to make money, for those of you who are learning to trade, or just want to add a few new tricks to your arsenal.
The strategy I want to cover tonight is one that I love to use, simply because it is low risk and high [...]
Posted on February 5, 2009 by Adam
One of my favorite aspects of point and figure charting is the degree of precision that they give. All in all, this precision can help you to make sense of the movements in the market and make them seem less random. Today is a prime example. As you may know, I’ve been watching crude oil [...]
Continue ReadingPosted on February 5, 2009 by Adam
It’s easy to find setups once you know what you’re doing. I firmly believe that technical analysis is a skill that can be practiced and learned. Along the way, most traders come to find that being able to understand and practice technical analysis is not enough to beat the markets.
Sure, I can identify price patterns [...]
Continue ReadingPosted on January 25, 2009 by Adam
Finviz is an incredible tool for any stock trader. Whether you want to pour over the fundamental data (not my cup of tea) or find perfect technical setups, it has the goods to cater to you. So why aren’t you using it?
I’ve been using Finviz for a while now and I’ve managed to devise some [...]
Posted on January 24, 2009 by Adam
So much of trading is emotional. I believe it was Yogi Berra who said:
99% of the game is half mental.
Yogi, who may have been half mental himself, was so right. Trading is the same way. Most traders make bad decisions based on bizarre emotions that run through their heads. I promise you that is the [...]
Be on the lookout for an extended pullback.