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 looking to short into a rally today, because I don’t think a rally will last very long. I think withing a couple of weeks we will be making new lows. Today’s strength offers a good chance to get short some stocks that have been weak.
I put ESV on the watchlist this week, as it’s [...]
Posted on February 16, 2009 by Adam
Good evening, traders.
As we gear up for the start of the trading week, I was going through some charts to look for setups. Last week we saw a lot of strength among the refiners and technology. We saw weakness in the REITs, and the rest was meh.
I won’t be around to trade tomorrow - instead [...]
Be on the lookout for an extended pullback.