Don’t Kid Ourselves

One of the most difficult emotion to control as a trader is our ego. Our ego has the tendency to subconsciously instill a bias on what we want to see instead of accepting what we see in front of us. In trading, this bias can cause us to believe the market should do what we believe it should do. When we are in this mindset, we tend to hold on to a trade that went against us or we try to force a trade when it is not there. These behaviors usually end up badly and cause great damage to a trader’s capital account. Worse yet, it can devastate the trader’s confidence. To avoid falling into this mental trap, a trader needs to remind him/herself with these two clichés; “Trade what you see!” and “Trade what is in front of you!”

Stock Chart Updates - 9/3/2014

In this post, I will present an update on some of the charts I have recently posted on my twitter page. If you wish to follow my live commentary and postings on twitter during NYSE trading hours, then follow me on twitter @smtraderCA

Stocks & Market Watch - 6/22/2014

Here is a look at some of the stocks that might be on the move in the coming days, and a review of the market.

Worth Mentioning

Here are some additional stocks that are worth a mentioning of possible upside.

Gold And 3D Printers - 2/23/2014

The precious metals have been rallying from their recent bottom, and they appear to be setting up for further upside. The 3D printer segment got hit fairly hard during the recent pull back and now it appears to be making a comeback.