Posted in Misc by raiiden
February 10th, 2009 - 3 Comments
I came across this video about SMB Capital, they are a day trading firm out of NY. Now keep in mind that only a very small number of traders actually work together at a firm as most are home traders.
This firm’s regiment is alittle too strict for my taste but for some people it works. Wheather their traders are actually profitable is really unknown as this is more of a commerical for their firm. Keep in mind that these firm’s goals are to make money off their trader’s profits and comission.
Since they have been around a few years I would have to assume they are operating in the green.
When you do short term investing, you could either make a great profit or be very disappointed.
It’s crucial to know the market very well before you do any short term investing and to also know about the behavior of the stock you plan to invest in.
Shot term investing is usually about 1 or 2 trading days.
There are some stocks out there that are best for short term investing and others that require a lot of patience and time to see any gains.
In short term investments there are five investing patterns that can be used. But first, remember that you must have self discipline when investing. Do not buy any short term stocks if you can’t practice discipline. Many web sites online can explain the following patterns thoroughly. Read the rest of this entry »
LSTM – Volume Alert http://www.chartmoney.com/stockquotes.php/?ticker=lstm
International Aerospace Enterprises, Inc (“IAE”) is an innovative and aggressive provider of military aircraft spare parts that offers inexpensive aircraft spare parts that meet high quality manufacturing standards to the complex worldwide military/industrial establishment.
ACPW – Volume Alert http://www.chartmoney.com/stockquotes.php/?ticker=acpw
Active Power, Inc., together with its subsidiaries, designs, manufactures, and markets power quality solutions that provide ride through power for power disturbances caused by voltage fluctuations and temporary power outages.
Here are 2 simple rules to trading to keep your safe.
Do not begin to explore the markets or even invest if you cannot follow a rule.
Using the following rules could help you in the market:
1. Invest your capital wisely.
Do not expect to get rich quick by investing all your money into one stock.
Enough knowledge and a small amount of capital can make you a lot of money in ten to twenty years.
Be conservative with your investments and don’t gamble like a wild man. There are so many opportunities in the market. You have to speculate and explore which opportunities are worth taking and to not plunge in completely.
If all your money is invested into one opportunity, what happens if that opportunity does not work out? You miss the next opportunity just around the corner. Read the rest of this entry »
Each investor of the stock-market is in front of an enemy. A perverse enemy that will drive away millions of investors in the stock-market and has the capacity to even defeat the strategy of an experienced investor.
Who is this enemy? Emotions. The emotions are the impelling force behind every cycle of the stock-market.
If emotions were not present in the stock-market, the investors would harvest the rewards only based on the state of the economy and professional retailers would not benefit substantially from the emotional errors of others.
An example situation: You have prepared, read books, traded in the papers, and now you are making your dream come to life by investing in the market where you can make great money!
You approach losses in a mature manner like part of the learning curve. You have experienced a great deal of them but your wins are still are in the lead, thanks to the loyalty you have kept with your chosen strategy.
Arriving home from work after sitting in traffic, you find changes at home. You know that you must follow your strategy, but your stress has taken over. Read the rest of this entry »
First off here is a formal definition for a Stop Loss Order. An order placed with a broker to sell a security when it reaches a certain price. It is designed to limit an investor’s loss on a security position.
So if you place a stop loss order 15% below the buy price that would limit your loss to 15%.
Using a stop loss is a little more complicated than just placing an order. Blindling placing a stop loss 5-10% your buying price is useful in some situation but could cause you to take uncessary losses at time.
The first thing you must determine is daily range the stock makes, if a stock usually has a tendency to drop .50 each day and come back up you will want to place your stop loss below this price so that you’re not prematurely stopped out.
Second you must look at the the resistance and support level on a stock. If a stock has bounced off a certain level 2 times it’s possible it will bounce off this level again. You will want to place your stop price slightly below this level, so that if the support level fails you will get out of the stop. Read the rest of this entry »