Trading

"Identifying a pattern is a relatively easy task in which to gain competence. Trading a pattern once identified – now that is a horse of a different color.

How many times have you heard another trader say (or said to yourself): “I knew that stock XYZ was going to go up, and it did, but I did not make a dime on the move?”

Trade signaling, in my opinion, is far less important to net profitability than is proper trading tactics and aggressive risk management protocols."

Australia’s central bank cut interest rates to a fresh record low as it moves to counter the emergence of disinflation...

Australia's Central Bank Cuts Rates to Record Low

Major averages fell Friday on higher, above average volume, this has marked major market tops in the past such as in 2000 and 2007.

Controlling risk is the most important rule in investing. Should the current correction continue, keeping stops tight and restricting buys to only the best risk/reward entries is wise. But should QE create a floor in the current correction with a resumption of the uptrend, new buy opportunities will emerge. Stay alert and flexible.

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