These are short term plays (probably 3 to 5 day moves). By no means will I trade every stock on the list. When an alert fires I’ll examine the intraday chart to see if there’s still a good entry point. If a stock gaps through my entry I may very well just let if go [...]
Posted by 9 December 2003
Buying Breakouts
TradingMarkets.com has posted an interesting study comparing the results of buying breakouts to buying pullbacks. The results are rather surprising to me. According to the methodology used in the study you would make more money shorting breakouts to new highs than buying them. Although I’m not a big proponent of buying breakouts I can’t help [...]
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 [...]
