Recent content by learn2tradewell

Trading requires a lot of mental discipline and a system that you use. For me, I use multiple timeframes and trend analysis to make my trades. Every trade I make I use the same amount of value for a stop loss meaning each stock (whether it be a $100 stock or a $5 dollar stock) that I trade, if...

I think I pretty much answered it in my OP. It will probably bounce HIGHER (lol) here over the next week or two, but the ascending triangle formation is a long term bearish sign... short term: long long term: short

Dollar is doomed, but may get a bounce soon

Stock books are more useless than tits on a bore. There are certain times when certain sectors asre strong, which in turn leads to stocks in that sector showing strength. As an example I will illustrate the $XBI (the ticker symbol for a certain group of biotech stocks in the market). Let's go...

A deficit surplus dones't necessarily mean the road to recovery. It means, the Euro has lost its value, so they're able to export things at a cheaper price meaning more people will buy from Europeans. But that's not real growth because the value of their currency continues to fall. So there may...

This is my first post in these forums. I've been trading independently for 10 years now, so hopefully i can give some good names for short term momentum in the near future. Not that many great stock setups right now...keep an eye on WFR in the next few days...i dont think its ready to go yet...