Continuing with my series of powerful candlestick patterns, today we are going to be looking at the Engulfing Candlestick formation. With my proficiency in technical analysis, I am choosing to share key points that find to be the most useful in real life trading… I am an avid believer in technical analysis. So I am not going … Read more
I am going to show you how to ride the wave today… no not an ocean wave. I’m talking about trend trading… … you’ve heard it before: The Trend is Your Friend But what’s it mean?! Think about a car in motion… even after you let off the gas, it is still moving quite fast… So … Read more
Trading the stock market can be stressful. For whatever reason, when there is money on the line our body, mind and breathing patterns change. Stock prices fluctuate all over the place, information flows at a blink of an eye, and let’s not talk about all the stuff we can’t control—the rumors, tweets, and breaking news. … Read more
Here’s a look at a less talked about option in trading… LEAPS. Long-term equity anticipation securities (LEAPS) are publicly traded options contracts with expiration dates that are longer than one year. This is in contrast to traditional options, which usually expire within 6 months. Put simply, LEAPS possess all the same characteristics as standard options, … Read more
Little bit of up, Little bit of down… Little gap here, Big gap there… Probably not the best trading conditions, right? So what’s all this chop mean for us going forward? While I don’t have a crystal ball, here are my thoughts: One—more chop in the market can mean more time on the sidelines. Not … Read more
You can call it grit, moxie, spunk, tenacity, or just good old determination. But whatever you call it, a strong mindset is a necessary trait if you want longevity as a trader. If we lack confidence or are pessimistic—it will reflect in our performance. However, a powerful mind builds a mental fortress… Did you know … Read more
Here we go… two days into the month of October, and two days of big market losses to start the month off with a bang… What happened? Take your pick… to start the month off, on Oct. 1 manufacturing numbers came out weak and the very next day job growth numbers disappointed as well… both … Read more
Odds are when you think of Canada your mind goes to extreme politeness, hockey, snow, and maple syrup. However, Canada is actually bursting with potential… And when it comes to Canada… buying foreign stocks does not have to be a foreign experience. A good way to protect your investment capital is to make sure your portfolio … Read more
Market internals are flaring up again… The SPY is at a critical level… It toyed with all-time highs for a week… I wanted to wait for a pullback before jumping in… Well, we have the pullback… what’s next? As we approach the start of the fourth quarter there is one thing all traders can agree … Read more
So many of you get zoned into the minute by minute and tick by tick moves of a stock price during the day… After all, we are day traders, right? No matter what time frame you trade in, there is no good that ever will come from watching the tick by tick movement in a … Read more