Q&A and Watch Ideas for 8/28/09

Some of the questions answered in this video include; – What is a typical/acceptable win/loss percentage for a newer trader? – Making sense of conflicting patterns on various timeframes – How to initially screen for stocks to create a watchlist – How I use VWAP for entries/exits {+++}

Q&A and Watch Ideas for 8/28/09

Some of the questions answered in this video include; – What is a typical/acceptable win/loss percentage for a newer trader? – Making sense of conflicting patterns on various timeframes – How to initially screen for stocks to create a watchlist – How I use VWAP for entries/exits {+++}

Morning Update 8/27/09

{+++} It is early, but the market has a more negative feel to it so far today.  Support at 102.50 in SPY is being tested as I write this. HXL opened nicely raise stop to 1155 QLGC maintain stop at 1422 NVAX stopped out of balance at 564 +.30 NCT- maintain stop of 153 AGP … Read More

S&P 500 Morning Analysis 8/27/09

The market continues to digest the recent rally through time rather than price as the range tightens.  The support at 102.50 held again yesterday, a break below that level and failure to climb back above it after 30 minutes or so will likely lead to further pressure down towards 102 and then 101 (which fills … Read More

Stock Trading Ideas for 8/27/09

{+++} Looking at all of the charts together, it does concern me that there are so many “junk stocks” which are setting up bullishly.  Be quick to exit partial winners and raise stops quickly if the market allows. Here is a Q&A from www.wallstreetcheatsheet.com WSCS Interview with Brian Shannon