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 20 May 2005
Exits Trump Entries
Here’s an interesting article which discusses entries vs. exits. I certainly agree with the author that most people place way too much importance on entries and not nearly enough on exits. I know from my email that some of you are having trouble keeping your losing trades small. I used to have the same problem [...]
Posted by 16 July 2003
Trailing Stop Techniques
A friend just e-mailed this article to me, so I thought I’d also pass it along: My Best Trailing Stop Techniques. Exits are one of the most important aspects of investing/trading, yet far too many people plan how they’re going to get out of a stock. Trailing stops are a great way to manage exits. [...]
Posted by 31 May 2003
Breaking It Down
For a while now I’ve been meaning to explain who I am and how I trade. After reading Dr. Steenbarger’s blog today, I’ve been inspired to do it, so here goes. It appears that my trading philosophy is very similar to that of Dr. Steenbarger. I’ll attempt to use similar headings so you can compare [...]
