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As traders, you will no doubt encounter the adage “Sell in May and go away.” This is one of the most well-recognized trading strategies espoused by investment gurus, whereby you take advantage of seasonal tendencies by selling your equity portfolios in May, only to buy them back in the fall. Its origin dates back to […]
Click below to access the Week-in-Review web class from April 21:
A shout out to Captain Bob P. for his suggestion on implementing the “IMSAFE” program. Thank you! The Federal Aviation Administration (FAA) released this self-assessment tool for pilots, which is designed to help keep them safe. As you know, pilots use checklists for virtually everything. They check it all, even long before starting the engine. […]
Click below to access the Week-in-Review web class from April 14:
The first thing I hear about this topic is low commissions. While important, broker commissions is number five on my list. Instead, you need to find out the following: Number One: Can you communicate with the broker? Can you phone someone when something goes wrong? A popular brokerage several years ago got hacked, causing many […]
Signal is DayTradeSPY’s brand new advisory service. Hugh calls it his “sweet spot” trader because it’s based on an algorithm developed to crunch more than a year’s worth of data for one goal: to identify the profit target that delivered the greatest total gains over time. Long story short, it turned out that shooting for a modest 5% gain resulted in hitting on 96% of trades – or enough to turn $3,505 into $658,078 in just six months. To become a Charter Member of Signal, click here now.
Click below to access the Week-in-Review web class from April 7:
We never saw this coming! Last week’s article, entitled “Never Waste a Good Loss,” hit a nerve with many subscribers. Even non-subscribers signed up after realizing that we do not skirt losses. Instead, we attack them head on. This is just what they wanted to see. Thank you to Bruce S. for his kind words: […]
Click below to access the Week-in-Review web class from March 28:
No one likes to lose. Especially me. Especially after all these years of experience. But losses are inevitable. They can be caused by technological issues, surprise events, human error or outlier trades gone wrong. It happens. Whatever the cause, I learned early on that, even though I lost money, I should never lose the lesson. […]
Click below to access the Week-in-Review web class from March 24:
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