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| Most users ever online was 682, January 16th, 2010 at 12:21 AM. |
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 Jim Cramer cracks tricks of the trade wide open |
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Feb 05, 2010 - 5:44 PM - by Shootanappleoffmyhead
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I love this video. Someone removed it a while back due to copyright violations but someone posted it again. It's a video of Jim Cramer cracking wide open the tricks of the trade.
Favorite quote from this video "Who cares about fundamentals?!"
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16 Replies | 174 Views
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Feature Article: Trading Tools You May Not Find in Books |
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Feb 02, 2010 - 11:40 AM - by Shootanappleoffmyhead
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If you are processing market and strategy information the same as others (your competition), you can't possibly have an edge. This week Sam Seiden will cover two of many simple tools that may help you in your quest for obtaining this needed edge when speculating in markets - and these are things you won't find in books!
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3 Replies | 71 Views
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The January Effect: Will January 2010's Selloff Lead to a Bad Year for the markets? |
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Jan 30, 2010 - 12:28 AM - by Brendan Egan
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I hate when people try to predict future market movements. However, one statistic I do know is true is that more times than not, January sets the tone for how the market will finish the new year. As the last trading day in January 2010 halted to a close, we saw yet another high volume selloff, leaving the SPY down to $107.39 from a New Year open price around $113.00.
While I am not necessarily implying that the move down in January will follow through the rest of the year, I do think it is important to pay some respect to the downmove we saw for the following reasons:
1) This selloff is coming in with far above normal volume, adding to the validity of the move
2) The markets moved nearly straight up over the past 9 months, which is a remarkable feat but as we all know the bulls can only hold control for so long
3) The markets have taken a much different tone lately. What I mean by this is they are expecting extraordinary news otherwise selling off, we are seeing higher volume on the downmoves and lower volume on the upmoves.
With that being said, I just want to caution traders to remember one of the golden rules of trading: The market is ever changing and to survive as a trader we must adapt. So keep in mind that after several months of a strong, rallying market we are now seeing what looks like at least a short term, high volume selloff--place your trades accordingly.
Take care all and have a great weekend,
Brendan
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0 Replies | 110 Views
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Feature Article: Trade What is Real, Not What You Feel |
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Jan 26, 2010 - 10:26 AM - by Shootanappleoffmyhead
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The two main forms of analysis in trading and investing are technical and fundamental analysis, and they are very real. However, thinking that mastering these two forms of analysis will lead to consistent low risk profits is an illusion second to none. The more an individual attempts to master these types of analysis, the more they may be layering subjective, complex illusions on top of each other. This is a recipe for consistent failure and is the subject of Sam's article this week.
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4 Replies | 71 Views
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