Market Crisis Special
Here we go again, another day, another crisis, and the mainstream media are having a field day. No wonder I’m getting flooded with emails all asking basically the same question: “is it over for day trading?”. In a word – no! In fact, it’s rarely been so good. Volatility = opportunity, and right now we have more than our fair share. I’ve recorded a special video (below) which explains why these are good times for day traders. I hope you find it useful. Get...
Read MoreShort and Sweet (Without The Short)
Today’s video is short and sweet. Well, kind of, except there’s no “short”. As with the previous video, I’m on a mission to prove that even with temporary shorting restrictions in place, we can make a profit. So here’s just over an hours trading for you, condensed into under 5 minutes of video, and only taking long positions: Get the Flash Player to see this player.
Read MoreShort Selling Banned, End Of The World!
Ok, so they’ve gone and banned short selling, temporarily, and for financial stocks only. By the way some of the press has reacted, you’d think it was the end of the world! I like to short, and it’s an annoyance than this perfectly acceptable practice (IMHO) has been suspended. But guess what? We can still make plenty of profit without going short. I never normally trade Fridays, I like my long weekends. But because this week has been so packed with opportunity, and...
Read MoreBlack Monday? I Don’t Think So!
The BBC are calling today ‘Meltdown Monday’. The Wall Street Journal say the market has been ‘shaken to it’s core’. Harvey Walsh says, another great opportunity packed day for day traders everywhere! Don’t get me wrong, the news over the past few days has far reaching consequences for the markets, pension plans, jobs, etc. I truly feel for those who have lost their job. But this site is about day trading, and days like this are, frankly, profit opportunities...
Read MoreThe Easy-Middle-Bit…
I had an email recently, from someone who had been watching one of my videos and wanted to know why I had closed a trade when I did, instead of letting it run on all day. I wanted to post my reply here, because this raises a few important points. As a bit of background, the trade in question was one I entered relatively late in the morning, and only whilst waiting for a different trade to come to an end. The trade was a short and I made a tidy profit. By the end of the day, the stock had fallen...
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