It’s funny how easy it is to go from a super-profitable session one day, to kicking off with a silly loser the next. Today’s trades serve as a reminder that we must never become complacent after a big win. I’m as guilty as the next person, and my first trade was a loss that shouldn’t really have happened.
Continue reading “A Messy, Lossy Day”
There’s not a lot to say about the trade I’m posting today. Anyone who read my previous post about ROKU and who was watching this stock will undoubtedly have seen what happened. Here’s the chart:
Continue reading “One Trade, Five Thousand Dollars”
Oh, too soon. The trouble is I’m running out of titles for posts about ROKU, which tells us something about what a great stock it is to trade. Just take a look at this zoomed out chart for the day:
Continue reading “ROKU Around The Christmas Tree”
The news from the weekend is having far-reaching effects on the markets. It’s not just the energy companies that are affected, the impact continues down the line to transport, freight, manufacturing, the list goes on… We all use energy, so wild swings in oil prices affect us all.
Continue reading “It’s All About The Oil”
I’m not a superstitious person, such beliefs are incompatible with profitable trading. That said, Friday 13th got me this time around, slapping me down and putting a big black mark in my trading log.
Continue reading “Friday 13th Strikes”
All change! After three days of making money from the same stock, that particular gravy train finally came to an end. Not a problem though, because the market is a bountiful place filled with new opportunity every day. Sometimes that opportunity comes in the form of stocks I’ve never heard of, and sometimes it’s the old friends who bring home the bacon. Usually it’s a mix of the two.
Continue reading “An Old Friend”
I haven’t got time for much of a post today, bit hectic with non-trading related stuff. But I wanted to post this chart for reasons that will be obvious if you’ve read the previous two blog entries!
Continue reading “…And Yet More”
If you read yesterday’s post about coming back for more, it will be no surprise to see the first trade I am posting today!
Continue reading “…And More”
Sometimes, when a stock makes a big enough move in a day, it can carry some of that momentum into the next trading session. And sometimes the next session will see a big move retrace instead. Either way, it can be worth keeping an eye on what moved well in the previous session. Monday provided two excellent examples of how these previous-day movers can make us money.
Continue reading “Coming Back For More”
A quick trade to finish up the first week back at the grindstone. Here’s a little short on ZM:
Continue reading “A Mistake To Avoid”