A ‘Monster’ Capitulation Daytrade

Michelle B submits: On Tuesday, April 24, approaching 2 PM, the time of the day that I regard as the Period Of Treachery—fondly referred to as POT—I noted MNST screaming red on the low ticker. I checked to see if there was news to explain the decline, and there was none. I quickly called up [...]

Personalized Protection

Michelle B submits: Sylvain Thibault commented: I read somewhere you never give back more than half your profits on a trade. How do you trail your stops on a day trade eg: yesterday’s MXIM. Perhaps you are referring to this excerpt from the StockTickr interview: StockTickr: What’s your exit strategy for winning and losing trades? [...]

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 [...]