All Entries in the "Trading Tips" Category
I’m A Loser
May 21, 2007 at 7:57 am
It’s tough to admit it, but I come clean in this week’s Free Newsletter over at TheStockBandit.com and say that I am a loser.
We all go through stretches of tough trading, but if you know what you’re doing and you manage those losses properly, it’s amazing what can happen.
I’ve said before that trading is a numbers game, and this week I offer the proof of it, so be sure to stop by and read this week’s Free Newsletter for more thoughts on the topic.
By the way, you can sign up for the free newsletter on the Free Newsletter page at TheStockBandit.com and we’ll notify you every time one is published. An opt-in form is provided at the top of the page which puts you in full control of your email subscription at all times.
Trade well this week!
Jeff White
President, The Stock Bandit, Inc.
Swing Trading & Day Trading Service
www.TheStockBandit.com
[tags]Stock Market, Day Trading, Stock Trading, Investing, Swing Trading[/tags]
A New Look and Some Revisited Lessons
May 20, 2007 at 5:28 pm
Hope you like the new look here at TheStockBandit.net – I am excited about it!
As we wrap up the weekend, here’s a few links you might find of interest from this week last year. Of course, there’s also the Market View page at TheStockBandit.com which was updated today (and every Sunday evening).
There’s no substitute for preparation in trading.
Traders who keep a detailed journal can learn a lot from their results, and StockTickr Pro is an affordable and excellent choice.
Some are odd and others are entertaining, but I’ve always found it interesting to hear the superstitions of traders.
Trade well this week!
Jeff White
President, The Stock Bandit, Inc.
Swing Trading & Day Trading Service
www.TheStockBandit.com
The Numbers Game of Trading
May 14, 2007 at 4:12 pm
This week’s Free Newsletter over at TheStockBandit.com discusses the topic of The Numbers Game of Trading.
Those of us who aren’t in the buy-and-hope crowd are traders, and it really is a numbers game. Learning to approach your trading with this mentality can have a very positive impact on not only your profitability but also your attitude as well. So be sure to stop by and read this week’s free newsletter for more thoughts on the topic.
By the way, you can sign up for the free newsletter on the Free Newsletter page at TheStockBandit.com and we’ll notify you every time one is published. An opt-in form is provided at the top of the page which puts you in full control of your email subscription at all times.
Trade well this week!
Jeff White
President, The Stock Bandit, Inc.
Swing Trading & Day Trading Service
www.TheStockBandit.com
[tags]Stock Market, Day Trading, Stock Trading, Investing, Swing Trading[/tags]
Shifting Market Exposure
May 11, 2007 at 8:26 am
This market has made an incredible run, and we’re finally starting to see some profit-taking. However as traders, we sure don’t have to predict where things are headed as long as we let the charts be our guide. That’s great news if you’re not the owner of a crystal ball, and it also means our market exposure can shift naturally.
If you’re trading from chart patterns, your market exposure will shift naturally if the market trend begins to change. That’s a beautiful thing, because bullish patterns emerge during uptrends and bearish patterns will surface during downtrends. It means there’s no need to predict what’s going to happen next.
That’s exactly how we swing trade at TheStockBandit.com. By sticking with the best technical setups, we not only reduce our risk per trade but we also find that we’re naturally hedged at turning points and always trading in the direction of the prevailing trend.
Case in point: this week we closed out some very nice gains in long-sided trades like AKS and ONAV, and also added a little short exposure when another bearish pattern was confirmed. It’s interesting how just locating the high-quality setups and letting them confirm will shift exposure naturally when the market changes.
So remember, there’s no need to predict. There’s no need to be a rip-snorting bull or a growling bear. Just let the setups show you whether you should be long, short, or in cash!
Jeff White
President, The Stock Bandit, Inc.
Swing Trading & Day Trading Service
www.TheStockBandit.com
[tags]Stock Market, Day Trading, Stock Trading, Investing, Swing Trading[/tags]
Finding Value in Losing Trades
May 7, 2007 at 1:17 pm
This week’s Free Newsletter over at TheStockBandit.com discusses the topic of Finding Value in Losing Trades.
We all have losing trades, that’s just a function of trading. However, as long as we keep them small and manageable, we’ll be alright. More importantly, if we can learn to evaluate them properly, we can improve.
A loss means you’ve already paid the tuition for a trade, so why not look a little closer and get the lesson you’ve paid for?! So for more thoughts on the subject, stop by and check out the Free Newsletter at TheStockBandit.com.
By the way, you can sign up for the free newsletter on the Free Newsletter page at TheStockBandit.com and we’ll notify you every time one is published. An opt-in form is provided at the top of the page which puts you in full control of your email subscription at all times.
Trade well this week!
Jeff White
President, The Stock Bandit, Inc.
Swing Trading & Day Trading Service
www.TheStockBandit.com
[tags]Stock Market, Day Trading, Stock Trading, Investing, Swing Trading[/tags]
Protecting the Downside in Trading
April 30, 2007 at 10:43 pm
This week’s Free Newsletter over at TheStockBandit.com discusses the topic of Protecting the Downside in Trading.
Every one of us are at times driven by the big emotions that trading the markets inevitably brings, but if we do our job and protect the downside first, the other things will take care of themselves.
When I was first starting to trade, I would always look at how much I could make on a trade. It didn’t take long to realize I needed a good exit plan, so my mentality shifted. Now I start every trade with a look at the potential for downside, and I structure my trades accordingly. So for my thoughts on the subject, stop by and check out the Free Newsletter at TheStockBandit.com.
By the way, you can sign up for the free newsletter on the Free Newsletter page at TheStockBandit.com and we’ll notify you every time one is published. An opt-in form is provided at the top of the page which puts you in full control of your email subscription at all times.
Trade well this week!
Jeff White
President, The Stock Bandit, Inc.
Swing Trading & Day Trading Service
www.TheStockBandit.com
[tags]Stock Market, Day Trading, Stock Trading, Investing, Swing Trading[/tags]
Let the Charts Decide the Next Move
April 23, 2007 at 8:50 pm
This week’s Free Newsletter over at TheStockBandit.com discusses the topic of Letting the Charts Decide the Next Move.
With the market having made such a big recent move, the bears are jumping out of the woods again to call for a market top. While the odds are against them, the entire process of predicting moves is futile and should be avoided. Technical traders should be letting the charts dictate their moves, especially right now with the debate heating up about whether the bulls’ run can continue. So for my thoughts on the subject, stop by and check out the Free Newsletter at TheStockBandit.com.
By the way, you can sign up for the free newsletter on the Free Newsletter page at TheStockBandit.com and we’ll notify you every time one is published. An opt-in form is provided at the top of the page which puts you in full control of your email subscription at all times.
Trade well this week!
Jeff White
President, The Stock Bandit, Inc.
Swing Trading & Day Trading Service
www.TheStockBandit.com
[tags]Stock Market, Day Trading, Stock Trading, Investing, Swing Trading[/tags]
