The Ultimate Way to Read a Stochastic Signal

As with any stock indicator, the stochastic can offer reliable buy and sell signals if read properly, but can lead to huge mistakes if you do not take into account the bigger picture. To read a stochastic indicator you must first determine the trend of the stock. Stochastic Signals and the Trend The stochastic indicator [...]

Position Trade System With a Powerful Tweak

Unlike day traders or swing traders, position traders may hold their trade positions for several weeks to several months at a time. As a result, simply reading stock charts without knowing anything about the company can really result in a lot of frustration.  Fortunately, you do not need an MBA and a team of research [...]

Alexander Elder Talks About Trading Psychology

Alexander Elder, author of Trading for a Living, discusses the effects of group think and other ways your emotions can get the best of you when you are in a trade. Highlights of the Alexander Elder lecture video include: Trading psychology Group think defined Short stick analogy Free money analogy Avoid group think by making [...]

Warren Buffet Explains How to Read Stocks

Everyone has an opinion, but Warren Buffet has earned the right to have his listened to. That is, if making money in the stock market is important to you. Here, Buffet explains how to read stocks based on what they are worth. If you found this helpful, do us a favor and “tweet” it and [...]

When to Buy and When to Ignore Stock Breakouts

Trading stock price breakouts can be one of the most thrilling or frustrating endeavors in a stock trader’s career. When they work, they work well and can lead to significant profits. In a strong bull market you can pretty much throw a dart at the wall and pick stock profitable breakouts. However, when the market [...]