One of the most hotly anticipated IPO’s of 2017 was Snapchat (SNAP). The stock opened in March 2017 at $24.00 a share. After spiking higher to $29.00, it has since come off a lot. With all the hysteria around a stock IPO, a more objective analysis of what is going on must occur. Let’s analyze the …
Too much. Stop doing so much! You might be trying and doing too much, too soon. Have you ever had that thought? From time to time I get messages from traders saying they are overwhelmed with interpreting the information flow for hours and hours every day. Some traders get burned out from it. Sometimes …
There can be more and more trading growth – by doing the simple things. You don’t have to get complicated right away. You can do so much with the simple things. The simple concepts. There was a college basketball coach who did not start teaching players how to do layups or defense. He …
Overwhelm. Almost all of us have felt it at some point. Well, how can a trader really handle it? By realizing the power and progress of doing even simple things. “Success is nothing more than a few simple disciplines, practiced every day.” – Jim Rohn In The Order Flow Profit Ladder, there are …
Big news. One of the biggest pieces of news in 2017 so far. It was the news in February 2017, that Warren Buffett massively increased his stake in Apple stock. His stake was increased from $1.5 billion to a whopping $18.5 billion. That is a pretty big jump, all happening in about 4-6 months. This …
A lot of traders just dive in. They may enter the trading world via technical analysis or heavy chart related techniques and they just jump in. They just jump in trying to find trades right away. When it can pay to be a bit more patient. Like when you are a teenager and you fall …
“I bought Amazon stock” she tells me. At the time I knew that Amazon stock (AMZN) was trading at or near its all time highs. Inside of me I debated whether I should tell her or not. Tell her what you wonder? That she should not be buying Amazon stock at or near the all …
Every great trader has this. They search for both big and small things they can do to boost performance. They search for both the big things – the “quantum leaps” – and also the small things – the slight edges. To turn a small losing year into a winning year. To turn a small winning …
You get a trade idea. You believe the moment to strike has come and go to place a trade. Do you ever confirm your trade idea? Do you ever go through a checklist confirming that it is a good trade? The current Chess #1 – Magnus Carlsen has said something interesting about confirming his …
If you desire to be a master trader you must think masterly thoughts. Surely there is action following those masterly thoughts, but there are thoughts behind the action. The thoughts form the principles, the philosophy that form the basis for the actions. And if you even wish to get even more advanced than that, there …