No Pink Sheets or OTC stocks to be posted on this board
No Pink Sheets or OTC stocks to be posted on this board
No Pink Sheets or OTC stocks to be posted on this board
No Pink Sheets or OTC stocks to be posted on this board
Some Rules for Trading:
Golden RulesRule Number 1:
Always wait for the setup: No Setup-No Trade.
Rule Number 2:
THE BEST trades work almost right away.
Rule Number 3:
Never take a big loss. If it doesn't 'feel' right. Remove it!
Rule Number 4:
Always perfect your craft and sharpen your skills.
Rule Number 5:
Be patient with winning trades: Impatient with sketchy trades.
http://learnhowtotradewithsdh.blogspot.com/ sdh's blog good stuff
TWITTER
Zephyr https://twitter.com/#!/GoldenZephyr
ZOZO https://twitter.com/#!/zozotrader
GOOD SITES FOR INFORMATION AND NEWS
http://www.theflyonthewall.com/permalinks/entry.php?
http://blogs.barrons.com/techtraderdaily/
http://blogs.barrons.com/stockstowatchtoday/
http://seekingalpha.com/news/market_currents
http://notablecalls.blogspot.com/
http://thechartpatterntrader.com/
http://www.stocktwits.tv/
http://www.optiontradingpedia.com/free_bull_call_spread.htm
http://theeconomiccollapseblog.com/
http://biz.yahoo.com/apf/archive.html
http://ibankcoin.com/ibc-financial-news-network/
1. DO THE MATH!!! - Before placing any trade, do the math. Where is the trigger? Where is the proper stop based on the chart setup? How many shares should I buy? This is easy to figure out. You never want to lose more than 1% of your trading account balance on any given trade. So, if you have a $30,000 account, your maximum acceptable loss on any given trade should be $300. If the stop is .20 cents below the entry price (again, based on the chart setup), then you should not buy more than 1500 shares (for the purpose of this lesson I have left commissions out of the equation for simplicity).
2. PAY YOURSELF!!! - Once you have a small profit (I use a dime as a rough personal guideline) sell part of your position and move your stop to breakeven on the rest. You will have very few losing trades if you do this, and the losses you do have will be small.
3. STOP TRADING!!! - What do I mean by this? If you hit your daily goal (everyone should have one and make it realistic) stop trading. Afternoons are tougher to trade than mornings anyway, so take the money and run....tomorrow is another day.
4. STOP TRADING!!! - Didn't we go over this already? Well, this one has another meaning. If you lose 1/2 the amount of your daily goal, stop trading and come back tomorrow. For instance, if your goal is to make $500 a day, and you are down $250 on the day, quit for the day. This is the best way to avoid falling into a 'trading death spiral'.
video Trading Death Spiral http://www.greatstockpix.com/trading%20death%20spiral/trading%20death%20spiral.htm
video Failed Fade Setup - This is one example of how we trade 'failed fade setups'.http://www.greatstockpix.com/Failed%20Fade%20Setup/Failed%20Fade%20Setup.htm
video Gap Play Setup - This is how to trade a gap play setup.
http://www.greatstockpix.com/gapvideo/gapvideo.html
video Clean 30's Setup - This is how to trade a 'clean 30's setup'.
http://www.greatstockpix.com/Clean%2030s/Clean%2030s.htm
video Secondary 5's Setup - This is what we mean by a secondary 5's setup plus you can see what a 'pfpd' (potential final push down) is.
http://www.greatstockpix.com/Secondary%205%27s%20Setup/Secondary%205%27s%20Setup.htm
Charting tools
http://www.stockcharts.com
http://www.chartpatterns.com
http://stockcharts.com/education/IndicatorAnalysis/
http://www.investopedia.com/categories/technicalanalysis.asp
http://www.candlesticker.com/Default.asp
http://candlestickforum.com/PPF/Parameters/16_332_/candlestick.asp
http://www.incrediblecharts.com/technical/candlesticks.htm
http://www.chartpatterns.com/
http://www.investopedia.com/university/technical/techanalysis8.asp
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators
http://finviz.com/map.ashx
Futures Link
http://www.finviz.com/futures.ashx
http://www.forexpros.com/indices/indices-futures
CNBC WATCH LIVE COVERAGE
http://blog.livenewschat.tv/stock-traders-chat/
BLOOMBERG TELEVISION
http://www.bloomberg.com/tv/
chart]stockcharts.com/c-sc/sc?s=***&p=d&yr=0&mn=4&dy=0&id=p27435460163[/chart]
6 month Mint chart little bigger
chart]stockcharts.com/c-sc/sc?s=***&p=D&yr=0&mn=9&dy=0&i=p37531278942&r=9525[/chart]
Weekly HISTORICAL: 3yr. 50-200ma...RSI - MACD - CMF - PRICES - VOLUME - BLACK BACKGROUND.
chart]stockcharts.com/c-sc/sc?s=***&p=W&yr=3&mn=0&dy=0&i=p22053646375&r=[/chart]
5 MONTH CHART SET UP BLUE EDGE
chart]stockcharts.com/c-sc/sc?s=***&p=D&b=5&g=0&i=t14235047338&r=3924[/chart]
http://learnhowtotradewithsdh.blogspot.com/ sdh's blog good stuff
FREE SITE FOR REAL-TIME CHARTS
http://www.freestockcharts.com/
video how to post charts on Ihub with freestockcharts.com and stockcharts.com
http://chart.ly/o9ob2yv
