Fred Reed, America’s leading expatriate curmudgeon and former crime reporter and Soldier of Fortune staffer, describes the twelve steps in the American Way of War.
While all twelve are deeply insightful and will probably be instantly agreed to by any Mustang or career NCO that reads them, they promise to be deeply incite-full to the average […]
That was a pleasant little “trader’s market” for a week or three. I don’t really like being that active, but I’ve learned that, for me at least, I need to be that active in those types of markets in order to outperform. Now we will see whether the breakouts hold, what the real […]
That, my friends, is why I don’t typically use placed orders with my broker, and generally prefer to evaluate stocks at the close. LIZ gapped down, tripped the sell, and then finished up $0.52 from the sell! Bottom line, it was one of the very few red marks on the day for my […]
Liz Claiborne (LIZ) is getting pretty close to the trailing stop. Four down days is a short-term “buy” signal, but I am still setting a conditional sell order for $43.50, which, if tripped, will pretty much leave me breakeven on this trade. I don’t think it will trip, but better safe than sorry.
Waters […]
I got greedy and chased gold and oil down for shorts; getting out early and not waiting for the stops to get hit saved some dough. Jesse said something like “from being to bearish to being short is but a moment,” and from seeing the trade go wrong to exiting it should be just […]
