More size means more profits right? Most of the time, this is not the case for new traders. Money creates emotions. If you increase your size too much, it becomes difficult to control and manage your emotions. Emotions will be in your trading no matter what. Succesful trading requires not the elimination of emotions, but …
The most explosive stock moves almost always occur with some type of news catalyst. But not all news catalysts are worth trading. When you look at all the stocks gapping up and down every day, it is essential to know the catalyst behind each stock you are considering to trade. We get a lot of …
Every loves making money in a short period of time. But scalping strategies are not the way to do it for new traders. Scalping is a trading style that involves buying and selling shares in a very short period of time, usually minutes or seconds, and taking very small gains over and over again. I …
“Okay, Paul, now that we know ETFs are better for retirement accounts than mutual funds, how do I pick from the thousands of ETF? Please help!” I received a few variations of this question after posting last week’s article, “Why ETFs are better than mutual funds.” While I am not your financial advisor, I can …
$QQQ strong bounce off the 20MA today, feels like we’ll have a Friday ramp tomorrow to end the week. A lot of momo names reported earnings after-hours today, will have a lot of gappers to add to the list tomorrow during pre-market. Check out tomorrow’s watch list and game plan: Follow me on Twitter …
Death by a thousand paper cuts. That’s what most people unwillingly do to their retirement portfolios. The reason is most people “diversify” their retirement portfolios by handing them over to mutual fund portfolio managers who charge seemingly innocuous fees for their expertise. Well, these fees are not so harmless. In fact, they are a danger …
Read moreRetirement Accounts: Why ETFs Are Better Than Mutual Funds