How to Take a Pulse of the Markets Using These 5 Stocks
How does a trader get a quick pulse of the market? There are indices and sectors galore along with way too much information. This adds up to information overload and not enough time to intelligently decipher the information into a meaningful trading strategy.
After years of studying the markets and just plain experience in the business world, I started to focus on 5 stocks. These 5 stocks give me a quick picture of the overall attitude of the market and give me a heads up to trend changes in the market. Think of it this way. The foundation of a house cracks and crumbles before the house falls. Looking at components of the market gives a good indication as to the condition of the market’s foundation. Consequently, I look at these 5 stocks first every evening and then proceed to look for trading opportunities.Read More
The Most Lucrative Options Trading Tool the Pros Use
Ask yourself this, “What if you could add a free, simple, but powerful tool that can gave you a winning edge to generate a consistent trading income”? A tool that can significantly increase your probability of winning trades?
That is why I am offering you a very powerful tool for free that you can start using today. If you are already using this tool and know how to use it, I hope to be able to further your knowledge and thus your use of it with this guide, so you can become a better trader…an expert trader!Read More
Combat Trade Planning
The most important trading floor for any trader, individual or professional, is the five-inch trading floor between his or her ears. Having the proper mind-frame and controlling emotions is critical to making good decisions under the pressure of the markets and, ultimately, to trading success. It all comes down to Discipline. We need to know why we are getting in, when to stay in and when to get out of a trade. At Top Gun Options a quality trade plan is the foundation for our disciplined execution in every trade.Read More
Trading Big Money Breakouts Using the Ichimoku Cloud
The Ichimoku Cloud is a technical indicator I first encountered while traveling through Asia in 2006. Talking shop with other traders I met on my travels, I quickly realized that this ‘Cloud’ they kept referring to was different from any other indicator I had ever used. I was also surprised at how simple and intuitive the Cloud was to use. While it may look confusing at first, the Ichimoku Cloud is actually one of the simplest indicators to use. Before we can approach the actual applications of the Cloud, let’s discuss what the Cloud actually is.Read More
Short-Term Stock Trading Strategies
Both The RSI And Stochastic Can Help You Create Profitable Short-term Stock Trading Strategies
I typically receive dozens of emails from traders who are just starting out asking me for help in creating short-term stock trading strategies. A few weeks ago I demonstrated a strategy using the RSI indicator; I received several emails from readers asking me to explain the difference between the RSI Indicator and the Stochastic Indicator.Read More
5 Things You Must Know to Day Trade Like a Market Maker
It is no surprise that we are in a time of financial uncertainty. The Fed has been kicking the can down the road with regards to interest rates, the stock market has been reaching all-time highs, and lest we forget, we have a major presidential election mere weeks away. As a trader, we want to be able to take advantage of this uncertainty and its attendant volatility, trading the market long and short, adapting to the strategies used by smart money in the market.Read More
My Favorite Ways for Predicting Market Turns
It's not easy to predict a market turn. But knowing how to do it is an important part of trading.
Being able to accurately predict a market turn can:
- Create big trades, at the point where new trends start
- Help you get out of trades that have gone bad
- Make you look cool at cocktail parties (LOL)
6 Essential Ingredients for Winning at Stock Index Trading
After trading the futures markets for 25 years, there are a few things that are certain. Trading futures is a high risk business, and like all trading it will require your full application of skill in the areas of research, practice and live “in the trenches” trading to gain experience and realize success. The rewards can be tremendous if you apply yourself fully to learning the key ingredients described in this article.Read More
Seven Stupid Mistakes that Smart Investors Make
Quantifying actual dollar risk is the primary, almost single-minded objective for professional investors. They understand the importance of putting probability in their favor while limiting downside exposure.
It is logical to evaluate the worst-case scenario first and determine whether to investigate the opportunity further. Think first about the effect of the investment loss on the account. (The negative mental impact may be great as well, and very difficult to overcome for future opportunities to make money.)Read More