Archive for the ‘Stock Trading’ Category

Stocks Watch list for 10/26/2011

Broadcom Corporation (Public, NASDAQ:BRCM)

So far BRCM is down -4% for the day and we will look to short this stock at around $36.

Panera Bread Company (Public, NASDAQ:PNRA)

PNRA gapped higher today and opened at $128 and went as high as $138.58. So far it is up 16% for the day alone.. Looks like a great buy on the dips.

MF Global Holdings Ltd (Public, NYSE:MF)

MF has almost crashed today showing a loss of 29%. Short this stock on a rally.

Amazon.com, Inc. (Public, NASDAQ:AMZN)

AMZN stock fall today on disappointing outlook .It lost 25% from previous day.

Cheniere Energy, Inc. (Public, AMEX:LNG)

Wow  LNG has gapped 51% higher from yesterday’s close. All technical indicators are pointing us to buy this stock on dips.

Quest Diagnostics Incorporated (Public, NYSE:DGX)

Guys, If you want to short any stock today with better potential gain then DGX would be it. Short this stock at around $ 56.

Does Trade Miner Work?

If you’re curious to know whether or not a software exists that might help you predict future market trends and how to profit off of them, Trade Miner might be exactly what you’re looking for and a breath of fresh air to anyone out there in need of an extra hand with their trading account.

Now don’t get me wrong, I am against 100 percent automated trading tactics that try to control your account strictly through automated algorithms that “predict” what the market is about to do only to realize that 99.99 percent of these don’t really work. Trade Miner is real software, a lot like software featured in brokerages like thinkorswim or ETrade.

So What Makes Trade Miner Awesome?

I can tell you in one word. Simplicity.

Trade Miner does the same stuff a lot of different software out there does to find these profitable trends, but it does it in half the time and effort. You don’t need a PHD in computer science just to operate this frickin thing like you do with a lot of other software out there.

It’s as simple as plugging in what stocks you’re trading and getting a reading on what you should be doing, then making your next move based on that.

You really don’t need to fiddle with this stuff much in order to get going. As long as you know the basics of trading and how you can set up your entry and exit points for each trade, you will be just fine with this software.

So…Should You Get Trade Miner?

Ask yourself these questions…

-Do you want to predict the markets better?

-Do you find competing software overly complex?

-Are you in need of making better profits on each trade you make and struggling to quit your day job through trading?

If the answer is yes, Trade Miner was built with you in mind. I’d recommend buying, trying it out on paper trades to get your confidence up, then moving it into the live markets.

Right now I’m still just testing it out on paper trades. Hope to have some live results soon.

Thus far, it looks quite promising!

Hey all, it’s Eric here from tamingthemarkets.com. You might have noticed I’ve been away a while. Needless to say, I’ve been working hard on other things and have hardly had any time at all for trading.

To be honest, I’ve been discovering a lot of interesting ways to make money, some that have been unique or rare, others that everyone knows about but most people forget or are doing wrong. There’s lots of ways to build that extra income or full time income a lot of people out there need. And I still want to help people out any way I can.

While I love trading penny stocks, they have their pros and cons. Here are just a few pros:

-Penny stocks are awesome ways of making big returns with zero margin or leverage. You can trade on them without needing to ever fear going into the negative.

-Penny stocks are fast moving. You can make a trade and profit within 24 hours.

-Penny stocks you can get started with little money.

But, here are some significant cons…

-Penny stocks are volatile and can reverse trends in a heartbeat.

-They provide little sound structural support to your portfolio as they are mainly an income opportunity

-They’re tough to track as most markets don’t worry about them, they are more concerned with Microsoft or Dell stock

-They’re just downright frickin tricky, man!

Okay, now you’ve been told the honest to God truth about all this, and I won’t hold anything back from you, because I just don’t. I want people to trade penny stocks, but more importantly, I want them to make money.

There are a few other ways of making money I’m going to be adding to this website, and possibly taking down some of the older stuff, namely things I just never invested much into like Forex or futures trading. It seems like the demographic of my website doesn’t respond too much to that sort of thing.

In the mean time, I’m going to be cooking up some other programs and will start updating my watch list again, remember? Has been a while since I put that to work hasn’t it? So if you’ve been reading my blog, keep reading, I plan on keeping you entertained and getting better content and more of it in the coming months…stay tuned

Does This Seriously Work?

A few days ago I got an interesting e-mail about the recent launch of a new penny stock alerts service, penny stock promo. Needless to say, the sales page is extremely cliché and full of what looks to be bull crap. You learn to be skeptical about this when you spend a certain amount of time online.

However, I had an interesting conversation with one of the managers of the service. It was enlightening. You see, most penny stock promoters do the same essential thing. That is secure a contract with a company to promote a stock. This can cause some unnatural stock movement that can be quite profitable, but also volatile.

What’s unique about Penny Stock Promo is that they actually get these contracts before anyone else does. They have an edge on penny stocks. They don’t just scan the market or find someone to advertise a stock with.

They Find Out What Stocks Are Being Promoted, Before They Are Promoted!

So basically, you are using a service in this situation that guarantees a profit. Unlike other services which, while they can still be effective, don’t guarantee results, this practically FORCES the market to give you cash by getting you in right before a bunch of interested investors get alerts on other newsletters.

Pretty sweet, huh?

Look, I’m not saying it’s going to be all it’s cracked up to be. In fact, I’m pretty sure it won’t.

But, one of the managers for the service was kind enough to offer me a free trial in exchange to do a review here on my blog. So what the heck, right?

I’m excited! If this service lives up to my expectation, there will be some good profits coming in from these alerts. And the owner actually seems like a pretty cool guy and fairly honest about the whole thing too, unlike some other services I have seen out there.

Anyways, if you want to try it out for yourself, I highly recommend at least giving it a shot since it has a 60 day money back guarantee. Click the link below to get started!

After a long and energetic Santa Clause rally in the stock market that gave a hint of a potential recovering economy, a lot of traders have taken somewhat of a vacation from the stocks they were originally trading. The consumer spending in the month of December naturally causes an almost abnormal growth of areas previously unexplored.

Not a lot of people were worrying about their iPads or laptops before the Christmas season, and suddenly it’s the first thing on their mind. Interesting how Christmas turns around a bad economy for little or no financial or economic reasons other than consumer mania.

The interesting phenomenon about the post Santa Clause rally momentum is that it creates a correction pattern in the market. People are no longer excited about the markets getting the most attention, and instead they move back to more secure places. An example of these places would be any one of the penny stocks in my penny stocks to watch list this month.

Industries geared towards employment and production of companies are often ignored when the season rolls around.

Why?

All their employees are on vacation or taking more time off than usual. It’s not rocket science.

So industries such as corporate services, natural resource harvesting, or industrial production suddenly come back to life when Santa Clause takes his leave. The economy creates a natural correction in the lacking momentum, leaving a great chance for people to profit by finding sectors that have been ignored or not increased in the past couple of months.

In fact, if you can find stocks like these that are recently spun off from larger parent companies, the profit potential is amazing and could be life changing. I’d recommend finding penny stocks which haven’t been given their appropriate attention in the previous month if you want to take advantage of market corrections which are sure to be on their way.

Hey all, if you’ve been paying attention to LFBG, you’d know that it’s already up 36 percent since I put it up on my penny stocks to watch list a few weeks ago. I made a pretty solid call adding it to my watch list when I did, and if you managed to get in on it, congrats!

So, what’s fueling LFBG?

The answer is simple.

They have a recent contract to distribute Christian video games with the massive conglomerate Wal Mart, which is a huge step forward for them.

Compound this with positive earnings reports, a good technical pattern and the fact that this micro cap stock is still managing to trade close to its 52 week low, and you have a formula for a pretty solid penny stock!

For those who bought in, It’s up to you whether or not to hold onto it. There could be further profits up ahead. Otherwise, congrats and keep an eye on my list of best penny stocks for more potential gainers!

To an inexperienced trader who lacks any knowledge of the way in which the financial markets function, the act of short selling a company can often appear as unethical and barbaric. This is an understandable opinion. After all, you are essentially betting on a company to fail with your position, and losing money if they gain value by having to buy a short position back at a loss.

It’s unfortunate then that most German stocks are traded in the U.S., which means the banning of short selling this past May will likely affect the German stock market very little. It may slow the decline of prices on eurozone stocks for the coming years by a small, marginal bit, but it really won’t cause any significant shielding against the coming storm.

And historically, it’s proven true. There are numerous examples of strong companies that have survived significant short selling and continued to prosper, and other companies that have not. Either way, short selling just means the burden of exiting will be placed on the shareholders rather than the short sellers, who will fill in the blanks on a bad trade and exit if the bias on the stock changes significantly enough.

Investopedia recently did an investing article that I enjoyed, yet like most of the content on Investopedia I’m only really with it about half of the distance it goes. It was called ’5 Investing Statements That Make You Sound Stupid’. I decided to create my own version of it only with trading. Trading is more or less the same as investing, only no one in trading is looking to hold onto assets for more than a few months to a year at a time. There are a lot of people out there who say stupid shit that pisses me off about trading, and the funny thing is I used to find myself saying the same things and well, I learned. So, without further ado, here are the top 5 trading statements that make you sound stupid…

1.”If I just follow this guy’s proven system, I’ll make tons of money!”

Okay, even I say that one sometimes, and the truth is there are a lot of damn good systems out there to put to work. The problem is, most of these novice traders just don’t understand that anyone can screw anything up no matter how foolproof the system claims to be. Even so called trading robots can crater your account if you don’t adjust trade settings correctly, so the idea that there’s any sure thing you can use to trade is just folly. A smarter thing to say might have been “If I work hard at utilizing this system, I can turn a tremendous profit assuming I don’t screw it up.”

2. “This time it’s different”

I actually commented on this the first time I posted on this blog. The whole this time it’s different mentality is just an excuse to remain in a position for longer than you are due and it ends up creating a position of risk due to lack of knowledge about the natural corrections of the market. A smarter thing to say would be, “This is a great trend, but like any other trend it will reverse some time.”

3. “This indicator can basically predict future price action.”

No technical indicator can predict future price action. The truth is they are just indicators like the instruments on a plane. They can tell you a lot about the altitude and position of the plane, but you have to actually look out and see where the plane itself is headed. Systems of analysis based on these indicators can predict future price movement to a limited extent, but not any indicator or group of indicators alone. Here’s a smarter statement to make: “When I use this indicator in conjunction with my analysis method, it’s a leading indicator of future price action.”

4. “Is this FDIC insured?”

No. You’re a fucking idiot. Don’t ever trade. A smarter thing to say would’ve been “I should punch myself in the face.”

5. “There’s no risk in this trade.”

There is ALWAYS risk in a trade. You can control it, limit it and stop it out when it attacks you, but you cannot eliminate it, and it will always be there. Anyone who says this about a trade probably doesn’t fully understand the risks involved in the financial markets. A smarter thing to say would’ve been, “I’ve minimized my risk in this trade.”

That’s it! If I missed any, feel free to post ‘em in the comments and let me know.

Just so you guys know, there’s plenty of free guides on stock trading and options trading on my youtube account. I wanted to be sure that everyone gets answers to some simple questions about trading because in the long run it will only make you better off financially. Anyways, here’s the first couple topics for the videos I’ve already uploaded:

Iron Condors

Covered Calls

Exchange Traded Funds

Straddles

How to Trade Options

Bull Put Spreads

Bear Call Spreads

Here’s a sample of one of my excellent educational options trading videos from Youtube:

If there’s a topic you want me to cover you can let me know by e-mailing me or leaving me a comment. Thanks!

So if any of you have been visiting my site you know that I do some advertising for a guy named James Connelly, the supposed ‘Penny Stock Prophet’. Connelly was a math student at a prestigious east coast college for a number of years and spent a lot of time independently studying patterns and price action in the stock market, his goal of course being to develop a system that could identify and predict price breakouts before they occur. Needless to say, after years of toiling and trial and error he found a couple of key features and ratios within stock prices that could determine a breakout before it occurred.

After developing a system that worked well to gain a small percentage of profit within a couple of days on standard mid and large cap stocks, he decided his system would work much more effectively if he turned his attention to stocks that can jump a great deal within a short period of time, which brought him to micro caps, a.k.a. penny stocks.

Nowadays he trades consistently on penny stocks and has made a fortune as the penny stock prophet. His site is essentially a detailed series of newsletters that give you guidelines for how he is going to trade and what you can do to imitate his system. It’s a novel idea because it takes his trades and basically hands them over to you in real time.

My only disappointment with the product thus far is that it doesn’t have any substantial guides or members only areas that you can get advice and interact with other members on the penny stock prophet system. I was expecting something more for 97 dollars, but if his trades can make me money, I’ll gladly put up the cash to get started, especially considering Clickbank guarantees my purchase. (I’ve gotten refunds from Clickbank before, they are a reliable company so don’t even worry about getting scammed).

So next week I’ll be trading alongside the penny stock prophet and I’ll let everyone know how things are going. If you still need to check out his system and find out if it might just work for you, I encourage you to take a look at the Penny Stock Prophet by clicking here.