Michelle B submits:
On Tuesday, April 24, approaching 2 PM, the time of the day that I regard as the Period Of Treachery—fondly referred to as POT—I noted MNST screaming red on the low ticker. I checked to see if there was news to explain the decline, and there was none. I quickly […]

Michelle B submits:
STZ, on Thursday, April 5, released estimate-beating earnings. I noticed STZ during my premarket news reading, and once the market opened, via the top NYSE gainers scan and its notable movement on the high ticker. It gapped up, filled in the gap, and then made new intra highs within the […]

Michelle B submits:
Trading the second leg of two measured up legs separated by a bull flag is one my favorite trades, especially because the trade usually lasts only 30 to 60 minutes. In most cases, I will at least partially anticipate the breakout allowing me to keep a very tight stop loss.

What is […]

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 […]

Michelle B submits: Yesterday, at 12:45, upon returning from a break, I noticed MATR moving down hard and fast on my low/high ticker; the whole low ticker window was blocked in red. MATR hogged the window completely — there was nothing else, just that one symbol. MATR was screaming CAPITULATION. I checked out […]

Michelle B submits: I remember reading about a French housewife who when asked by her husband every morning what they would be having for dinner would always give the same tireless reply: “It depends on what jumps into my market basket.” Some traders prefer to trade from a prepared watchlist. For […]

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 […]

Expectancy along with position sizing are probably the two most important factors in trading/investing success. Sadly most people have never even heard of the concept. Out of the 30 or so trading books I’ve read only a few even touch on any aspect of money management. Only one of those handful of […]