YUM story

self-explanatory

UNG story

there is a story: A man have a 100,000 account. He divided the account in four equal parts (25,000). He bought  UNG 1100 shares*22.00=24,200 and had fail-safe stop at 21.60. for a total risk of 440.00 or 1.76% on a part OR  risk of  0.44% of total equity. Next.

trading

It's kind of fun to do the impossible.
Walt Disney

UNG was up 2% today

remember: 70% or more of breakouts fail

actionable; follow up on UNG

                               resistance becomes support .....

The information contained herein is for educational purposes only and is not, and should not be construed as an offer to hold, sell or an offer to buy any securities.

an idea: etf-UNG and/or futures-NG, but remember an idea is not the same as the plan.....

 for trend riding stalkers : possible trend change

when trading...

"Your present circumstances don't determine where you can go; they merely determine where you start."
~ Nido Qubein

DJIA is flirting with 13000 area

first time since April, confirming the downward line of least resistance

Why do I coach ?

In 2005. I had an opportunity to pass some of my knowledge along to other traders. It turned out to be the perfect combination, trading and being able to teach others. I was able to give back, similar to the mentors and coaches that had helped me in my trading career. One thing I enjoy doing is helping others and another one is trading. Jumping into those tracks set me on the path to finding something that gives every fiber of my being a purpose. Trading is not glamorous, it is boring, it is lonely, it is not easy, but there is nothing else I would rather be doing. If at any point you have any questions or do not understand something or question what I wrote please feel free to send me an email: mtci@telus.net