Category: micro-managing

  • The part-time trader advantage

    You’ve heard me say it before. One of the biggest trading leaks is micromanaging positions by jumping from trade to trade and never letting your trade work for you. Please retweet if you liked this article! Tweet Well part-time traders, I’ve got great news for you. You have a huge advantage…

  • Swing Trading Smart Tips: Set It and Forget It

    Tick. Tick. Tick. That stock is driving you bat shit crazy! Your co-workers gawk as you sweat and continually look up at your screen. You can’t hide the fact that you are stressed-the-you-know-what-out. Why are you stressed? It’s because that stock you entered moved 20 cents below your entry and…

  • Trading "Leak": Impatience and the GS Trade

    One of my mantras is to “set it and forget it” after making a trade. Once a trade is made, I set my stop and target, then forget about the trade until one of the price objectives is hit. At least I usually do . . . My recent GS…

  • Video: Sticking with the Trade (FSLR)

    In todays’ video, I detail my current position in FSLR to show how important it is to stick with the trade until your stop or target is hit. http://flash.revver.com/player/1.0/player.swf?mediaId=519482&affiliateId=93676

  • Ain’t No Glass Chin Here

    I’m taking it on the chin today. Not only from the market, but readers as well. It’s comforting to know that I can bring so much joy to so many of you. It seems some of you derive a lot of pleasure from my pain. I guess that comes with…

  • Patience, Trading and Profitability

    I stumbled across this article on patience and trading via Trader Mike’s links. Although it may seem like basic stuff, it speaks about an issue that has been one of the toughest for me to master. The basic message is you must be patient with your entry points and give…

  • Freshly Squeezed

    Days like today tend to turn smack talking bears into nervous nellies with itchy trigger fingers. This gives rise to a nice little stock market pop that makes everybody wonder if we really have seen th worst of it and bottomed. Maybe we have, though I seriously doubt it. More…