Trader’s Narrative

Zecco is a new brokerage firm started in late 2006 that offers zero commission, online trading.
Sounds too good to be true! So how do they make money? Through advertising!
For those who were around during the bubble years, this is nothing new. In fact, often, I think that the whole “web 2.0″ is nothing more than […]

Sometimes it helps to understand the markets by peeling back the price layer and peeking at the internals like advance decline numbers. I mentioned before that extremes of advance decline usually point out the start of a trend.

Last week we saw back to back extreme days in this metric. On Thursday, May 10th 2007, we […]

Is it possible to time the market using a system that is so simple, it only requires you to be able to count up to four? Can we invest for the long term using a system that only requires a few minutes of our attention every four years?
Not only is it possible, such a system […]

Yowza! Looks like nothing can keep this maket down. Not yesterday’s profit taking, which was long overdue! And certainly not the news that terrorists are in the advanced planning stages of a hit on US interests in Germany. One way or another the market finds a way to keep going up. So let’s take an […]

You’re sick or away and can’t monitoring your position

It hit your stop loss - you do have a stop loss, right?

You don’t have a stop loss and you find yourself hoping-n-praying

The rationale for trade is not there anymore

Oops! You mistyped and made a fat finger trade

daytrading, day trading, fat finger, hoping, online trading, praying, […]