Getting stock picks is great. Getting stock picks at the right time is better.Today we review the biggest mistake made by struggling traders, which is chasing price.You run scanners and look for percentage moves, but you never consider the odds of getting paid.Today we take you behind the scenes of a recent call and show […]
CONTINUE READINGWith the stock market set to open lower this morning it’s a good time to review the basics of tape reading.The stock market faces opposing headlines , of a new covid strain versus the passing of a new stimulus bill.With a massive gap lower in many stocks, it will be tempting to “bottom fish ” […]
CONTINUE READINGThe Day I fired One of My TradersMarch of 2009 I hired a new, young trader named “Jason” to trade firm capital.He was aggressive with trying to get us to hire him. He was known in the industry and “swing a big line” from what we were told.We made some calls and confirmed he had […]
CONTINUE READING