I wish I had a best friend named Billy that worked at Apple. I'd call him up and discreetly ask him in hushed tones: "Yo Billy, what's going on with Apple's earnings?" He'd hang up on me because everybody knows Apple taps employee phones. So I drive over to his house, we turn the speakers... Continue Reading →
The 7 Words You Must Tell Yourself Every Morning
I was once a gambler, but now a trader.I once blew up a 200k account within a matter of weeks. Up until that point, I thought I was a trader. I opened up a trading account during the last stages of the roaring 90s internet boom. For a while things were great. So great that... Continue Reading →
51 Essential Swing Trading Posts From 2015
This has been an incredible year for both me and this blog. Personally, I hit a major level in my trading accounts, moved my family to San Diego, mentored 14 new students, continued to run the part-time swing trading program over at my former student's industry leading website and started a new significant income stream through day... Continue Reading →
5 Steps That Will Save Time and Create the Perfect Swing Trading Watchlist
Every trader knows time is moneyBeginning swing traders make trading way too complicated. The beauty of swing trading is that once you know what you are doing, it does not take much time to trade like a pro. This is why swing trading is great for part-time trading.If you are spending more than an hour... Continue Reading →
How to Swing Trade Late Day Strength Off An Intraday Reversal
As a swing trader it is important to understand that strength often begets more strength. This is the central principle of the hammer setup. We look for strength at the end that reverses what looked to be a down move earlier in the day.$SPY is a good example of this setup. Trade Report members were... Continue Reading →
The One True Golden Rule of Stock Trading: Smart Risk Management
I became a successful stock trader once I focused on managing risk instead of a stock picking. Risk management is the golden rule of stock trading. As George Soros said, "It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you're wrong." I... Continue Reading →