Let’s say that you are new trader and you decided to buy the stock CALM a year ago. We’ll call you "Trader A." Trader A would have done okay. CALM climbed from $28 to $38 (first chart below) over the past year. But, now let’s say another trader, Trader B, used […]
A "penny stock" is a very low priced stock, typically trading under $5. The reason they are valued so low is because, well, they aren’t worth that much. People have dreams that their $0.25 penny stock will become a $600 Apple, or Google. The chances of any particular penny stock exploding is very, very […]
Yesterday, I wrote about how the DOW’s volume probably can’t sustain the uptrend in prices for much longer. As a metaphor, I said there was less breeze pushing up our kite. Despite the brilliance of the metaphor, I had some questions about it. So, I’d like to clarify. Take a look at […]
My dad taught me to fly a kite when I was just a little kid. Something he said back then stuck with me. He said a kite can only climb higher with a strong, sustained breeze. When the breeze slacks off, the kite will wobble and then fall. Only another breeze can lift […]
Just a very short note on the market… We are in consolidation. Consider long entries if we go above resistance, and short entries if we go below support.
You should be aware of a few things going on in the market…. First of all, the DOW has been nearing resistance at 12,750 area. If you are in a long position, be prepared to preserve any profits you may have by tightening your stop losses. And, "the world is coming to an […]
Image, instead of putting your money in the bank at 1% a year, you could learn to make trades like Kellie!
The trade for stock options is fast on the rise in the market these days. With its many trading benefits and high promises for financial profit, many have become quite interested in buying and selling such contracts. One contract equals 100 shares of stock. Let us learn about the two types of these options in […]
The most common picture that comes to mind when people hear about stock trading is the one we see in movies where men in suits basically shout and wrestle each other in some huge New York building to bicker about money. Although to some extent, there is some truth to this image, trading in the […]
The stock market is a great arena for people to make a lot of money, however, for many beginners, all the hustle and bustle of stock trading may cause a lot of confusion, especially if you are not familiar with the many terms and tactics used for negotiations. If you are a beginner in the […]