Stock Trading Systems

Welcome Back! photo credit: Photos8.com Charting software comes pre-loaded with a tremendous amount of technical analysis indicators.  It’s fun to sift through the indicator tab and plot the various indicators looking for the one that best finds tops and bottoms or new trends. For my style of trading staying as close to price is the [...]

If you’ve ever looked at much charting software you know it’s loaded with a gazillion trading indicators.  Indicators can be fun, but most of them don’t work very well, or don’t work consistently. Like the name suggests, indicators indicate, they don’t predict.  The best way I’ve found to use them is as a confirming tool.  [...]

Trading signals are buy and sell alerts.  Unless trading a purely mechanical system a layer of discretion will improve the quality of those buy and sell signals. My experience has provided a mental checklist for evaluating trading signals.  Here are some of its points: What is the overall trend of the market? What is the [...]

There are numerous breakout trading strategies that market players can test drive.  I happen to not be a fan of trading breakouts.  It’s not because there isn’t money to be made, it’s because most breakouts fail.  The better trade to take, in my experience, is the next attempt to move higher.  It’s kind of like [...]