Posted on May 8, 2009 by Adam
I started out with next to nothing in my trading account. When I was 18, working my first real summer job, I deposited part of my weekly paycheck into my brokerage account. When I finally worked up the minimum amount ($2000) I was delighted, only to find out I was pretty limited in terms of [...]
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Posted on May 5, 2009 by Adam
The Yankees/Red Sox game is in a rain delay, leaving me time to write about one of the topics I am most passionate about! For an idea of what I think of the Boston Red Sox, check out this link).
In the aftermath of this “great recession”, as it’s now being called, we are going to [...]
Posted on April 13, 2009 by Adam
Welcome back from a long weekend.
This market has me pretty excited. While I’m not convinced we’re out of the woods just yet, it looks as if trading conditions are beginning to ease.
Trading has been pretty easy for the last few weeks now, and I don’t think that’s about to end any time soon.
Last week, the [...]
Posted on March 22, 2009 by Adam
This is the first post in a series of articles that will uncover some of the proprietary trading systems used by succesful hedge funds across the world.
Some hedge funds adhere to a buy and hold strategy, which works fine in a bull market, when everything is going up. Jim Cramer is a prime example of [...]
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 23, 2009 by Adam
Good morning traders,
As I’m assessing the market this morning, I keep noticing how deeply oversold we are. As we sit at the lows, not doing much, we are approaching relative lows in the NYSE McClellan Oscillator.
Like all oscillators, the McClellan Oscillators moves from overbought to oversold. The more deeply oversold we get, the more likely [...]
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 13, 2009 by Adam
Over the past month and a half, we’ve seen a really interesting divergence between gasoline and crude oil. The price of gasoline has outpaced oil by quite a bit, setting up a bullish situation for oil refining companies. In short, they can buy oil for cheaper, refine it, and then sell gasoline at higher prices. [...]
Continue ReadingPosted on February 11, 2009 by Adam
Well traders,
Nothing happened today - no significant price action. Stocks made a bit of progress, led by the financials, on what appeared to be a short covering rally after yesterday’s bear raid.
My opinion doesn’t really change here. If you look at the chart I put up yesterday, you will see that we are at an [...]
Be on the lookout for an extended pullback.