Surviving Speculation

Here’s an article by Adam Hamilton about how to speculate successfully. It covers what should be familiar topics — money management, position sizing, trailing stops and expecting the unexpected. Here’s a snippet: This week I would like to discuss tactics that speculators can use to survive and thrive in a limitless environment. The markets could [...]

Free Positions!

One of my favorite things to do is take a free position and/or lock in gains when I can. Since I had pretty nice gains on most of the positions I initiated yesterday I was very focused on rolling up my stops this morning. I’ve now guaranteed myself (assuming that they don’t gap against me) [...]

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 [...]

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. [...]