A recent trade revisited.
Yesterday (Sunday Jan 24 2010) we were updating some software for The Crosshairs Trader website. Because of some errors with the new software we lost part of the database, we have had to load a backup copy that was a month old. This means everything done on the site in the last month has been [...]
Simplicity: I am keeping the same theme of simplicity. You will not find dozens of third party ads and solicitations; no promotional products from other vendors; and no Google adsense ads. I make my living trading and enjoy providing valuable content to fellow traders. Revenue from ads is not a consideration.
According to Thomas Bulkowski, a popular and highly probable stock chart pattern used by many traders, has lost much of its profit potential. In the most recent issue of TECHNICAL ANALYSIS OF STOCKS & COMMODITIES (MAY 2009) on newsstands now, Bulkowski discusses the BREAK OUT PATTERN and comes to some very [...]
The equities market is at a very critical point from a chart perspective. The major averages, after a recent leg down, have spent the last few days near the lows reached last November. Overhead are major averages acting as resistance. Earnings season is upon us with a majority of the S&P 500 reporting earnings the [...]
Let’s not argue whether or not trading is, by its very nature, gambling. Let’s save that for another day. Instead, let’s focus on the gambler who happens to trade: 1) The Gambler Trades Through Earnings Reports: If you decide to hold a stock/option position through earnings you are gambling. Due to the very nature of [...]
