Michelle B submits:
After noticing PSA on the top ten losers’ scan on the NYSE during this past Friday morning, I checked out its daily and saw a potential second, measured down leg from a bear flag:

PSA gapped down a bit at the open, did a down leg, based at its lows, and then at 1 [...]

Michelle B submits: In the film, The Object of Beauty, when the hearing-impaired hotel maid was asked why she stole the valuable, small Henry Moore sculpture from one of the hotel’s rooms, she replied that it spoke to her. The pattern VCLK set up this past Thursday spoke just as eloquently to [...]

There seems to be a lot of controversial over the concept of R-Multiples. I’ve been seeing people complain about them for months now and I’ve been meaning to write a post about “R”. I really wanted to do it last week but I’m glad I didn’t get to it because this week a [...]

I’ve been doing a lot of thinking about money management and compounding of late. The other day I realized that I’d accumulated over 100 R of profits since I began day trading. (1 R = my initial dollar risk on any given trade.) More specifically it’s 100 R from when I started [...]