Pyramiding a Position: Adding to Winners the Right Way
You take a breakout at 50.00 on a stock that spent six weeks coiling under resistance. The next morning it opens at 51.20 and holds. Your thesis is working, and…
You take a breakout at 50.00 on a stock that spent six weeks coiling under resistance. The next morning it opens at 51.20 and holds. Your thesis is working, and…
MARA is back near the top of the trending lists this week, and when a Bitcoin miner shows up on the movers again it's worth pulling up the chart that…
GameStop is back near the top of the StockTwits trending list today, which is as good a reason as any to pull the one GME chart worth keeping. Long before…
MSTR is one of those tickers that pulls a crowd every time it moves, so when it lights up the screens again it is worth pulling up the chart that…
TSLA is back on traders' screens, so the chart worth pulling up is the one from late 2019, well before today's tape. On 7 November 2019, Tesla tagged the 22.72…
A trader can be right more often than wrong, collect two dollars on every winner for each dollar lost, and still drive the account to zero. It sounds impossible until…
Two stocks flash a fresh high on the same morning. One is a quiet utility that moves twenty cents on a busy day. The other is a chip name that…
A signal-line crossover flips green, a trader takes the entry, and within three sessions the two MACD lines braid back together and the trade is stopped out for a loss.…
Open any daily chart and you'll eventually find a blank vertical space where the candles skip a range of prices entirely. A stock closes Tuesday at 41.80 and opens Wednesday…
Picture an account that closes most days in the red and still finishes the year well ahead. The journal reads as a wall of small losses, the equity curve grinds…