It's been a bit of a crazy week full of head-fakes and false break-outs. Between the three of us, we've traded only 6 times, average, this whole week but it feels like 600 (we don't know how scalpers do it day in, day out). If you want some examples of break-out failures this week check out charts of the Nasdaq, S&P, Homies (HGX), GS, and dozens more. With this kind of whip-sawing around, we're only day-trading these days with an empty swing account.
We made one trade today and spend the rest of the day catching up on our Blog reading. We're behind on our schedule so most of the following will be old news for faithful blog readers, but if you haven't already, check out
a post of collective wisdom on trading via Charles
Trin Talk from Richard
The always interesting StockTickr interviews, this one with DownTown Trader
If you're in or interested in entering a Prop Firm, you should read Ugly's post, as well as the relevant links
a post of collective wisdom on trading via Charles
Trin Talk from Richard
The always interesting StockTickr interviews, this one with DownTown Trader
If you're in or interested in entering a Prop Firm, you should read Ugly's post, as well as the relevant links
and an interesting site that's new to us called StockPickr
plus of course other posts coming from our colleagues listed in the Blogroll.
