The weekend reading list is a bit longer than I'd normally like to post, but I haven't posted any in a few days. Chris Perruna & I have similar views on the holy grail; Trend days have increased recently (Also see Bandwagon effects in ... Go to Full Article

Thanks to Jonathan Burton of MarketWatch for including some quotes from me in today’s WSJ article on stop losses. Jonathan brings forth some interesting discussion regarding the use of stop loss orders, so be sure to check out his ... Go to Full Article

In the previous post, I specifically mentioned the Technology sectors as being one of the worst performers year-to-date, and the Industrial sector as being one of the best. Let’s take a look at those in a little more detail to see if we ... Go to Full Article

Let’s take a quick look at what the sector analysis is saying. First, let’s look at year-to-day (76 days) returns for the nine major SPRD sectors according to StockCharts.com:. The Materials (up 6.5%) and Energy (up 5.6%) sectors have ... Go to Full Article

* From working with developing traders, I'd say that 90% don't/can't sustain the process of keeping a substantive journal. Among the group that does journal, well over 90% of the entries are about themselves and their P/L. I almost . ... Go to Full Article

I just finished listening to the audio books of Liar’s Poker and When Genius Failed. Fascinating stories if you ask me. I don’t know why it took me so long to read/ listen to both of these books. ... Go to Full Article

I hope this summarizes why I love the market (or I think I do.) It takes a relentless pursuit of excellence to become excellent: that is what I learned from my performance research. You can only sustain such a pursuit if you truly love ... Go to Full Article

So check it out, as Randy Jackson would say: A young, developing trader emails me about his performance on Friday. The market gapped open strongly to the upside and he immediately found lagging stocks to short. ... Go to Full Article

I exited 300 shares of CSX at $60.64 (entry at $56.10) for a $1362 gain (+8.1%). I exited 100 shares of MTL at $154.40 (entry at $143.46) for a $1094 gain (+7.6%). I exited 200 shares of HAL at $47.10 (entry at $44.83) for a $454 loss ... Go to Full Article

On Friday morning, there was strength everywhere in the market. On CNBC, they talked about the great earnings from GOOG, and the upside movement in C (despite their rather hideous earnings) as the main causes of the rally. ... Go to Full Article

Forums - former Tuco traders. (tags: trading) Go to Full Article

* From working with developing traders, I'd say that 90% don't/can't sustain the process of keeping a substantive journal. Among the group that does journal, well over 90% of the entries are about themselves and their P/L. . ... Go to Full Article

Brett Steenbarger submits:. A little while back I posted about the increasing number of one-sided days in the stock market and how those are affecting traders.Yesterday I noticed another kind of one-sidedness: Seven of the lastnine ... Go to Full Article

Looking for usb flash drives which look like your logos ? Then look no further !! Visit Memory Suppliers.com today. They provide high quality customized USB Flash Pen Drives for promotional purposes with your custom logo on the USB ... Go to Full Article

Friday capped off a great week for the bulls. For the week the Nasdaq was up 4.9% and the S&P was up 4.3%. However, the bulls weren’t able to end the week above the resistance levels we’ve been watching since early February. ... Go to Full Article