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A Day of Getting Smoked

As the title suggests two things got smoked today, the volatility in $IBM and $AAPL and the venison and beef I put on my Weber Grill.  I have previously posted my positions and adjustments in $IBM and...

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Adjusting My Forward Trading Strategy

One of the most difficult things as a trader, parent, and having a full-time job is creating that balance between them all.  As of late I have had the most difficult time balancing all three.  More...

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Trying to Catch Up

It has been longer than I had hoped since I have written a post.  Since I wrote this blog post I have been more inactive than I had hoped.  The inability to monitor the market on a consistent basis is...

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Amazon Trade Update

Back on January 31 I described here a trade in Amazon I took on.  I was looking at the weekly chart and saw 260 as a support area as it was a breakout point and I thought institutions would see this as...

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Utilizing Market Comments from Other Traders

Yesterday was a good day for those that did not get shaken out of the market from Monday’s action.  It was probably a bad day for those that got eagerly short in portfolio.  Yesterday can be a good...

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Position Updates

Yesterday  the bears definitely had the upper hand in the morning only to see the selling subside and the often seen grind up continued through the afternoon.  Much of the excitement was in the...

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Trade Adjustment – AAPL

AAPL saw another decent gain yesterday making it 5 days in a row of higher highs, higher lows and positive closes.  The best action on a trending basis that we have seen since its selling off the high...

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Learn To Take The Loss

One of the hardest things to do in trading is take a loss.  This is what makes the game so hard as you will be reminded often that you are wrong.  Then when the hope strategy doesn’t work it creates a...

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Following the Trade – AAPL Trade Adjustment on Friday 2/15

I made another adjustement to the AAPL trade I currently have on.  I will provide a quick recap of risk profiles and charts and I will leave it to the reader to click on the link to read more in detail...

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Back to the Beginning in AAPL Trade

In my most recent post titled “Following the Trade – AAPL Trade Adjustment on Friday 2/15” I detailed the ongoing trade that I have on in AAPL.  In this post I won’t go into full detail on the trade,...

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