On tonight’s grad call we talked about more technical signs that the top of the market has been put in.  Looking for some downside within the next couple of weeks.  Take precautionary measures to protect your self, look for bearish trades, and for bullish trades as well.  Be particularly careful when trading bullish.  Make sure you still have an established uptrend before entering bullish.  For bearish trades we’re looking for stocks that have continued to weaken as the market surged higher. We looked at a technical template using a different [...]

On tonight’s stock grad call we discussed the importance of proper brokerage account management.  You can be  a great trader but if your not managing your account effectively, you are always at risk for a big loss.  Knowing what percentage of your total account balance to invest in any one trade is vital.  For most account sizes investing only 10% or less is a practical number. Another important aspect in trading is: before you enter a trade, know exactly where you are going to get out if the trade goes [...]