In this stock market update video I review this week’s market action by reviewing the Dow Jones Industrial Average, the VIX and 3 key ETFs…semiconductors, homebuilders and financials. I then review the solar stocks ETF, TAN.
By the way this is a very abbreviated version of what my Insider Members get…check out the membership page.
In this post I’m going to talk about 5 things that every trader needs to be successful. The list is not mine, I’ll talk about that in a second, but the discussion of those 5 things are my thoughts. Continue reading
In this Asia Update video I review this week’s market action looking at China, India and Japan. I then zoom in on Baidu (BIDU), the Google of China, for the latest development.
Many traders and investors constantly tinker with their technical indicators thinking that if they tweak this or add that, that they will get great results or solve a problem they may be having.
That if you find the right technical indicator, or combination of technical indicators, that will be the holy grail and you’ll be rich. I talked about this some in my post on July 16. Continue reading
When used as a verb, tinker has the following definition: attempt to repair or improve something in a casual or desultory way, often to no useful effect.
When I was younger I would have several successful trades or weeks, then get hit by a big loss or several losses and I would immediately start to tinker with my trade setups and indicators.
This of course immediately messes with your head and doesn’t help. I was reminded of this as I watched golf this weekend. Continue reading
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