It’s Not Quite A Crystal Ball, But It’s Damn Close…
Being able to identify patterns is an essential skill for any serious trader. Read on and I’ll show you how it’s done.
The Big Stock Market Selloff
Dear Penny Stock Millionaire, What a rollercoaster we’ve been on. The stock market sell-off yesterday morning caused a trading halt right out of the gate. I’ve been warning about this for weeks. My students were ready. Why? Because I teach my students to study stock market history. What we’re seeing is not unexpected. It’s not...
In a Market Crash, This “Strategy” Will Break You
When you trade, you need a strategy, so that you don’t get stuck holding, and hoping, and watching your funds drain away faster than water in a sieve.
Lord, What Fools These Traders Be
I recently saw a petition to remove the Pattern Day Trader rule. Let me break down for you why that is an AWFUL idea.
Building a Watchlist for the Coronavirus
With all the news around the Coronavirus, how do you figure out how to find the right stocks to buy? With a watchlist. How do you build a watchlist? Read on…
If You Don’t Know THIS Invest at Your Own Risk…
I consider myself a glorified history teacher and this week is a perfect example of why that is the case.
Lessons From the Market Crash
I tell you all the time to review your trades, and this week is no different. I’m going to review what happened in the market this week so you can learn to take advantage of these patterns.
Where Does the Market Go From Here?
A lot of people have been asking me, “Where does the market go from here?” My response is real simple. I don’t care, and neither should you!
Brush Up on Your Pattern Knowledge for Monday
My #1 rule is to cut losses quickly, and if you are going to be a successful trader long term that is a lesson you need to learn fast.