Another solid day-trade in (QQQQ) today which is the ETF NASDAQ equivalent. You probably recognize that I trade QQQQ quite a bit, in fact on the year it is the most profitable stock or ETF that I have traded in. One thing to remember is that you have to stick with what works, so no
One of the popular rages in the market today are the ultra leveraged ETF’s. They have them for almost every type of commodity and index and sector. Last November we informed our readers that coming onto the scene were 3x Ultra ETFs. We told our subscribers at that time to be weary of trading in
I’m not going to write much aboutmy trade in Google (GOOG) today, because you can hear all about it in the video podcast below. But it goes without saying thatit produced some very nice gains – $522 in profits after commissions and SEC fees. That is right we don’t play any games – I tell
Just updated the market barometer, the stock screens, and made a descent/okay trade in QQQQ today. To start, the stock screens that I updated were the bottom five on our Stock Screens home page, and a few things jump out at me: of the industries that have the most representation, Oil Equipment and Services still
Two days in a row,I had trades in Amazon.com (AMZN), and two days in a row I am able to book solid gains! If you were following my trades you should have been able to make more in profits then I did simply by being a bit more patient and holding your position a little
Another video podcast posted tonight from the trade made in SPY earlier today. It wasn’t an overly exciting trade by any means but the profit opportunity was there and should have been seized upon. There was also some nice trading patterns that is worth mentioning from the intraday double bottom to the doji hammer that
These video podcasts are starting to get easier and easier. I’m not known for being a great speaker, but hopefully in time these podcasts become less painful. With that said, we are analyzing the trade in DIA from last week. It was definitely not one of my better trades, as what started out good, turned against me
Here is our second installment of our short trade in DIA from 6/15/09. It was a profitable trade in that we managed to earn $130 for every $100 that was risked. And by dollars risked, I mean the amount of money that would have been lost if you were stopped out at our initial stop-loss
We have had a number of traders ask us to provide them with our understanding of Risk-Reward Ratio. As a member (and it is FREE for everyone to join- So you are without excuse!) you know that we stress the risk-reward ratio in our day-trades and that our positions and the number of shares we
If you were a participant in today’s market, then you probably have whiplash from all of the swings in price that took place. This month in general has been very difficult for day-trading. I’m sure that there have been plenty of success stories but for us and our style, while we are profitable on the