If you do not have a sound trading plan, stop trading! When you think of the best run companies in the world, what names come to mind? Wal-Mart? Amazon? Perhaps Apple? Think of the worst run companies and you might think of a company like Enron, which is now out of business because it…
Not much changed from my comments last week. Stocks went from being overbought, to being very over-bought in a matter of a few weeks. The fact that the market refuses to fall in a meaningful fashion clearly shows you how strong the bulls are right now. Stepping back, it is important to keep a cool…
People frequently ask me, “How much money can you make trading stocks?” It is like asking, “How much money can you make playing a professional sport?” For some, it is millions, for others, it only costs them money.
Stocks went from being over-bought… to being EXTREMELY over-bought in a matter of a few weeks! The fact that the market refuses to fall in a meaningful fashion clearly shows you how strong the bulls are right now. Stepping back, it is important to keep a cool head and remain cognizant of the fact that…