In the Monday night video with trade ideas for today, it was suggested that ATI was a good long swingtrade candidate on strength above Monday’s high of 1922 REVIEW THE VIDEO HERE On Tuesday morning, the stock opened weak and continued to go through the suggested stop level, thus ruining the initial risk reward. 15 … Read More
This trade was NOT a big winner, but it shows how a consistent, disciplined approach can allow us to exit a trade profitably when others who took the same entry may still be holding with a loss of over 5%. We have our share of big winners, but we also know how to lock in … Read More
Two guiding principles of Alphatrends are to ask these questions before we enter any new trade – Where has the stock come from? – Where does the stock have the potential to go? Everyday these questions (along with other helpful reminders) are on our swing sheet with the trading ideas. They are there to make … Read More
How many times do I say that it is the most important job? We are in a bear market, here are two disturbing emails I received this weekend. Well…I screwed up big time and I’m hoping you can give me some hope. Yesterday (Friday), I bought $100K worth of shares of CBG at $5.63 and … Read More
Some joker has been making comments (see comment in post below from Andrew “can IWM turn here”) that I am not a “real trader” and that my performance sucks and that I am a fraud. I know I shouldn’t respond but I’m hoping this will shut him up. In March of 2006, I started a … Read More
SEVEN WAYS TO SAY GOODBYE TO A TRADE By Brian Shannon In the July 2003 issue of SFO Magazine I wrote an article that explored the dynamics of a short squeeze and the factors that should be considered when entering a stock trade from the long side. In this article we examine the elements that … Read More
