You made it to the last installment dealing with stock catalysts. Congrats! Trust me when I say you’ll be a better trader for it. Let’s wrap it up today with my final three tips.
Why should you look to stock catalysts to when trading? Here are some of the reasons…
A stock catalyst is anything that can move a stock’s price. It can pertain directly to the stock, the company, the industry, or even the world at large. Wait … there are tons of developments or bits of news. So how can you tell which ones might actually have the power to move a stock?
The lesson: it’s not just about how the stock will do in the long run. It’s good to remember former runners, spiking on big volume, with a seemingly solid catalyst. In other words, can it spike in the short-term based on what’s happening?
I’ve always felt for them, but pretty much looked the other way by reasoning that while it sucked there isn’t much I could do… But then I read those articles combined with seeing what Vetpaw had posted. … and… well… like I said… something inside me just snapped. And I can’t go back.
Yesterday we left off talking about some tips for using RSI. Let’s finish up with those today…
Technical indicators are some of the handiest tools in a trader’s repertoire. But why exactly, and which ones should you use?
Last week, I was in London for interviews. Then I made my way across Europe for several days. As always I’ve been trading… and I’ve got a few takeaways to share with you today…
I’d think to myself, ‘Wouldn’t it be cool to be up there someday? To close the stock market?
Once you’ve finished with your barbecues and cook outs, come back to this and finish reading up on my eight tips for quickly cutting your losses.