Order Flow: What is it?What exactly are Institutions?” In trading terms, I’m talking about major financial institutions. Hedge funds, mutual funds, pension funds, the big players who need to earn returns to keep their jobs. These players account for an estimated 67% of the volume in the stock market on any given day. You think you can […]
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Home Depot HD Stock Chart Before Earnings 11-19-19 Trading Losses – The Difference Between Professionals and AmateursTrading losses are guaranteed, yet for some reason, new or struggling traders seem surprised when they happen. A few years ago I was hosting a seminar in NYC and I asked this question to the room:Is placing a trade, accepting […]
CONTINUE READINGThe stock market has traded into six consecutive well-bid weeks.It’s time to place that trailing stop-loss. The Santa Clause rally has completed. Take your profits and have a nice holiday. Why? Because starting new trades without a significant decline sets up horrible reward potential for the risk needed to justify the trade.I’m not buying new breakouts. […]
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