Education Archive
-
Where Are the Customer’s Yachts?
Where are the customer’s yachts is a great book to read. It criticizes investment gurus and brokers and defines the stock market as a casino where the only winners are the stock brokers. One of the classic stories in this book is about what would happen if 4000 people started flipping coins against each other [...] -
Free Access to Investors.com
We are not getting paid for this endorsement, however, we are advocates of quality information and Investors.com just delivers. Point your browsers to http://www.investors.com for free access to their premium tools. Just today we were using their magnificent stocks under 10 dollars screen to gather new ideas. An old friend (Krispy Kreme) is popping on [...] -
Want to Trade Without Stops? (Part Deux)
Treehouse was recommended as a long buy on this blog on June 29, 2010. A parabolic stop took us out of the trade, made a bit of money and put it someplace else. We did not think too much of it until two days ago when the market gapped THS down hard. Lessons learned: 1. [...] -
CANSLIM – A Sound System to Select Growth Stocks.
CANSLIM is a method of stock selection developed by William O’Neill and described in his book “How to Make Money in Stocks”. CANSLIM is a combination of technical and fundamental analysis. It uses price and volume action with solid fundamentals to find stocks of companies during their accelerated growth phase. We have used this method [...] -
Stock Market Trade Entry Optimization.
A lot has been written about how and when to enter a trade. However, in all the books we have read about the stock market we never encountered a discussion about how to buy stocks to get a fair price after your system generates a buy signal for the next morning. Do you chase stocks [...] -
Top Free Stock Market Magazines
We love education and we are subscribed to multiple free stock market related magazines. They are full of interesting articles and stock trading methods. You should exploit these free resources for interesting ideas in the areas of technical analysis, futures/commodities, options, bonds, etfs, and equities. 1. Futures Magazine. This magazine has quickly become our favorite [...] -
The Short Power.
I read yesterday on Twitter that the current correction is a bear trap. A bear trap is a correction in stock prices that institutions create to purchase more shares at lower prices. The rumor is that institutions want to force prices down to the 200 day moving average line on the major indexes and then [...] -
Motivational Sunday 4
“even before reaching success, creative people enjoy a job well done. Education for the sake of learning can be very useful.” Dr. Mihaly Chikzhentmihaly Education, education, education, as Ken Trester, options trading expert states, is paramount for proper performance. My goal is to read a book every week. Think about it, a book a week [...] -
Motivational Sunday 2
“The average man doesn’t wish to be told that it is a bull or a bear market. What he desires is to be told specifically which particular stock to buy or sell. He wants to get something for nothing. He does not wish to work. He doesn’t even wish to have to think.” Jesse Livermore [...] -
Top 10 Ways to Lose Money in the Stock Market.
Not following a trading plan. Trading plans are the rules that are tailored to the individual investor. They should be written in a similar way as a business plan. The rules should include the systems used and parameters for entry and exit of trades. Not setting stops. Not having good money management. Having beginners luck. [...]