This is an update to the post I made back in 2006. What I do hasn’t changed much but some of the tools have changed over the years. In short, the changes are: I’ve changed brokers/trading platforms — a couple of times. Schwab shut down Cybertrader and sent me scrambling to find a new place [...]
Posted by 11 February 2009
Tight Stops and Risk/Reward Ratios
Posted by 11 November 2008
Alan Farley’s Four Tips for Surviving the Current Market
There’s some good advice in Alan Farley’s latest article to help “home gamers” (Cramer’s phrase) survive the current extra-volatile market. The whole article is worth reading but here are the four bits of advice: I have four pieces of cautionary advice for my at-home brethren. Listen up, because it’s no longer a question of whether [...]
Posted by 24 September 2008
Filters I Use to Create My Universe of Tradable Stocks
I was recently asked about how I determine my “universe” of stocks. That is the stocks that I consider fair game to be traded. I use different filters for swing trading and day trading but they do have similar criteria. In both cases I’m trying to find liquid, volatile stocks. Once the filter’s applied I [...]
Posted by 20 September 2008
Picking Your Spots When Selling Short
“Nobody makes money in a true bear market, not even the bears“ | The action this week got me thinking that I need to write a Duru-like missive on shorting. But since I don’t have a Ph.D you’ll just have to suffer through the following rant which I’ll try to keep relatively short. Yesterday Howard [...]
