Recent content by MaximusDollarus

Entry AND Management I've watched as you two have gone 'round and 'round about what is more important...the entry or the management of the trade. Guys...the simple answer to which one of these is most important is, "YES"! Here's the thing...if you've missed a good entry point then WHY...

Simply put, boys...a good exit is only defined by whether or not you made money or only lost a little if the trade went against you. Greed can be the ultimate destroyer for many a traders and fear will keep them all from progressing.

Elliot Wave Analysis, if understood, can help you out with this...but I must warn you that Elliot Wave Analysis is fairly complicated and even more so on short term plays. In fact, I really wouldn't recommend Elliot if you are day-trading, but if you're trying to anticipate the end of a trend...

It really depends on the type of trading you are doing. If you are going for the swing trade approach then yes, checking out charts on free websites will do the trick. If you want to go for a more interactive approach to trading, including day trading, scalping, intra-day swing trading...

The best charting package for my type of trading has been eSignal, but I've also used MetaStock and there is some good things about that package as well, but it takes a while to get used to. Support is the previous low of the stock (the swing low) and if that price area is broken through it...

it's a shame Sports have definately been ransacked by the birth of free-agency, but it's still hard to be an idle fan if you've followed a certain team or sport for an extended period of time. I guess it's like a bad crack addiction. There is one big difference with American sports and fan...

trade to watch I'm new to T2W, but here's a stock you should keep your eye on. It's been very, very, very, very good to me over the better part of six months and I'm not sure how long it will last. It's been a great one for intraday swing trading, day-trading for setups/strategies, regular...

yeah I agree...there's no need to spend more money on software for something you could probably teach yourself just by monitoring and then trying at a small level. We learn more through experience than any other means. Start small then increase at personal, comfortable levels.

watch for a while With anything...if you just watch it and then give it the old 'college try' is how you should begin. If you have esignal, then type in two tickers and watch the chart just like you would with a single stock. The pair that I trade often is Marathon Oil and Valero (MRO -...

Obviously, sports in America is big due to our competitive nature. C'mon...it's the same all around the world! The only difference is that in the US there are three major sports (American Football, Basketball, and Baseball) instead of one dominant sport....Soccer. I enjoy soccer, but it's...

I should also mention that I'm a Cincinnati Reds fan, which is embarrassing, but I'm true to my roots. Hockey was the best it has ever been LAST year when there were no games and time wasn't wasted with lame highlights (eventhough I call them "lowlights") on ESPN. Tennis is only fun to watch...

Just had to state it publicly that the Boston Red Sox and Chicago Cubs fans (combined) have nothing on me! Sure, the Sox have won the World Series now, but even before that they were nothing but a bunch of whining drunkards. Being a Colts and Pacers fan has brought nothing but heartache and...

Trade Management When you get into a trade it is a good idea to have a price 'area' you would like to see reached. This should be an objective and realistic price area and should fit the type of trading that you are doing for the particular trade (trading time frame...day-trading...

Four Criteria... There are four initial criteria that I predominantly use when looking for candidates. They're simple and easy to use, but in no way indicate that the stock will be successful. After a stock meets these four criteria then it becomes a personal decision, i.e...is the capital...

Trigger Issues YOU MIGHT WANT TO START TRADING IN LOT SIZES OF TEN OR TWENTY SHARES. THAT WILL HELP EASE YOU INTO TRADING EMOTION-FREE. A MISTAKE MADE WHEN TRADING SMALL LOT SIZES WON'T COST YOU MUCH AND YOU'LL BE ABLE TO SLEEP AT NIGHT...NOT TO MENTION THAT YOU'LL BE GAINING MORE...