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 [...]

Review of “Mastering the Trade” by John Carter

After reading some of John Carter’s articles in Stocks, Futures and Options Magazine I was looking forward to reading his then upcoming book “Mastering the Trade: Proven Techniques for Profiting from Intraday and Swing Trading Setups“. It was obvious from his articles that John had some good insights into how the markets work and that [...]

Why I Despise Gaps

This is in response to a comment that Jon left the other day about how I deal with gaps (sorry for the delay Jon). The title is meant to be a joke. I didn’t think I despised gaps but Jon’s question really made me think about why I feel how I do about gaps. After [...]

Gaps That Don’t Come Back

David Nassar has written a good article about how to trade stocks that gap. He argues that if a gap is more than 5% the more will continue in the direction of the gap. He also examines the mindset (psychology) of traders who play gaps: A gap is a term used by technicians to describe [...]

This is Why I Don’t Chase Gaps

Now matter how good the news is, or may seem, at the open I’ve found that it usually pays to wait 30 to 60 minutes to see if sellers step in. On these type of gaps, right into resistance areas after a big gain, this tends to happen more often than not: I don’t know [...]