Archive for November, 2008

Mid-Level Pullbacks

Combine Price and Time Ideally we want to combine price and time with our pullbacks. What does this mean? It means we want to see the pullback occur over a period of time (not one day), and we want to see the pullback be at least 3-5% from its highs. The further the pullback, the greater the

Friday, November 28th, 2008 Trading articles No Comments

Shallow Pullbacks

Identifying Good Pullbacks First, we want a stock to be above its 200-day moving average before we buy it. Why? Because stocks tend to trade higher more consistently in pullbacks above their 200-day moving average than below it. We tested a stock’s behavior above and below its 200-day MA

Friday, November 21st, 2008 Trading articles No Comments

Trading Markets Philosophy

Trading Markets Philosophy The TradingMarkets Philosophy is to buy on weakness and sell into strength. This type of trading is known as swing-trading and pullback trading. What is a pullback? It’s simply a stock that has pulled back off its highs and is trading lower than it was a few days

Friday, November 21st, 2008 Trading articles No Comments

Top Stocks 2005 Review

I think the cover says it all – the “11th Year of Publication”! Top Stocks 2005 is a dead set must have for all share investors. Whether you are new to shares or a veteran of the markets Martin Roth’s guide will pay for itself many times over. Surveying the Australian sharemarket and

Thursday, November 20th, 2008 Trading books reviews No Comments

Weak Weekly Options

On several occasions, I was asked to share my impression of the weekly options on some major indices, and in this article I shall first define them and then emphasize some of the pros and cons of trading them. The weekly options were introduced by the CBOE (Chicago Board Options Exchange) at the

Thursday, November 20th, 2008 Trading articles No Comments

Markets and Market Timing

This morning I was listening to a cable news network and in the span of about three minutes, I heard that home foreclosures increased 25%, job losses were on record pace, and Congress was meeting today to figure out where the 700 billion dollar bailout was actually going. This was enough to make

Wednesday, November 19th, 2008 Trading articles 2 Comments

How to beat the Managed Funds by 20% Review

The title might lead you to think that this is a book about using managed funds to do better than fund managers do, but it is much more than that. It is a guide both to designing portfolios, and to selecting the strategies and tactics to use within those portfolios. People with knowledge of the

Monday, November 17th, 2008 Trading books reviews No Comments

The Psychology of Electronic Trading Review

This book is not, as some have thought, about electronic day trading. It is about the paradigm shift towards electronic trading that has been taking place around the world over the past decade. In many ways this is a complementary book to Patrick Young’s Capital Market Revolution, which

Monday, November 17th, 2008 Trading books reviews No Comments

The Bourse Review

Trader One The Bourse is user friendly. The installation process is simple and the beginner’s tutorial is comprehensive and concise. The standard screen arrangement contains the stock list, and the other two screens contain the market depth and the chart relating to the selected stock, option,

Monday, November 17th, 2008 Trading software reviews No Comments

The Right Stock at the Right Time

Anything written by Larry Williams is worth at least a bit of a read. He is the one who wrote a book about how, in a trading competition, he made $1 million from $10,000. On the way to the million dollars he went through $2.2 million, meaning that at one stage he lost half his trading

Friday, November 14th, 2008 Trading books reviews No Comments

MTPredictor Review

Trader One After working my way through MTPredictor’s 149-page first volume, I was sold on the general premise behind the software. Unlike a spate of programs currently on the market that deal with the intricacies of Elliott Wave theory, MTPredictor narrows the theory down to several key,

Friday, November 14th, 2008 Trading software reviews 1 Comment

Trend Following – How Great Traders Make Millions

A most interesting book – definitely a ‘must have’ on your shelf. Pull out the plastic and get it! Trend Following is presented as a replacement for the Market Wizard series of books. However, it is not. The author’s own mindset comes across so strongly that it is difficult for

Friday, November 14th, 2008 Trading books reviews No Comments

Stator Professional Review

Trader One I found the Stator software installation process simple and standard. From there the setup process did take me several hours of exploring the program before I understood what I was doing. I completed both the brief online tutorials offered, but was left needing still further

Friday, November 14th, 2008 Trading software reviews No Comments

Trend Trading Review

Does Daryl have anything new to say in this book, or does the book contain a more concise treatment of the ideas expressed in some of his early books? Possibly both. If you haven’t bought any of Daryl’s books before, then it could be time to stick your hand in your pocket and buy two: this

Thursday, November 13th, 2008 Trading books reviews 1 Comment

Seismo Review

Trader One I have found Seismo to be the perfect answer to the challenge of defining and assembling all the elements of a good trade. It provides both a training system and a fully customisable charting package. Seismo teaches a trading system that employs indicators such as trend, candlesticks,

Thursday, November 13th, 2008 Trading software reviews 3 Comments

Analysing Company Accounts Review

Okay, there are some people out there who want to do more fundamental analysis than just look at the index of Roth’s book, Top Stocks 2004. Chances are though that you don’t know where to start. Well, Mr Roth has given you a good start. While you won’t finish the book as a CPA, you will

Thursday, November 13th, 2008 Trading books reviews No Comments

MetaStock Professional Review

Trader One Firstly, I am completely new to MetaStock in general, not just this new version. I found the installation setup is a simple, standard and brief process. There is a tutorial offered when the program is first installed. This explains the very basics, and there are two PDF manuals under

Thursday, November 13th, 2008 Trading software reviews 1 Comment

Charting Secrets Review

I have come across a few writers and a lot of readers who want to either create or read the ultimate book on charting and technical analysis. A sort of bible or holy grail for chartists. I don’t believe it is or would be possible to create such a book. My reasoning is that as we all have

Wednesday, November 12th, 2008 Trading books reviews No Comments

Stock Market Logbook Review

I applaud anyone who goes to the trouble of encouraging people to think about investments and who provides tools to evaluate the strategies used to manage such investments. Mr Mills says Stock Market Logbook is educational; but I would caution that there is need for a reasonable amount of study

Wednesday, November 12th, 2008 Trading books reviews No Comments

Easy Forex Review

Newcomer Level The Easy-Forex foreign exchange trading platform is browser-based, so there is no need to download software. The ability to trade very small amounts (as low as $US2,500) gives the inexperienced trader an opportunity to interact with the market with low levels of risk. For the

Wednesday, November 12th, 2008 Trading software reviews No Comments

Sanford Pro Review

Beginner Level Sanford Securities is an Australian online stock broker that offers client access to online equities, warrants, ETOs and managed funds. Sanford Pro is a live data/news service for clients who trade with Sanford or who wish to access a live service for a monthly fee. The service is

Wednesday, November 12th, 2008 Trading software reviews No Comments

Learn More about Retirement Planning Review

N E Renton has provided information for me on everything from meeting procedures to the workings of the stock market for years. This time, in his usual clear, factual style, he has put together a very readable and comprehensive book on retirement planning. Why should this book be included in a

Tuesday, November 11th, 2008 Trading books reviews No Comments

Australia Top 100 Managed Funds review

Yahoo! At last, here is a book on funds to complement Roth’s Top Stocks. The author, Dr Lavers of discount fund brokers Neville Ward Direct, draws on supplementary information from Morningstar Research to put together a list of the top 100 funds. In the first part of the book the author

Monday, November 10th, 2008 Trading books reviews No Comments

The Sensible Investor Review

The subtitle for the book is Demystifying Portfolio Management, which, to me, makes it a must for the bookshelf provided it is written in plain English. It is. Mr Topham has a history in portfolio management, merchant banking, investment and broking, so he talks from experience. Many people

Monday, November 10th, 2008 Trading books reviews No Comments

Trading Solutions Review

Newcomer Level TradingSolutions claims to be a very powerful software package that will allow the user to perform detailed analysis on a whole range of financial data in order to determine optimum times for buying and selling in that market. Shares, commodities, options, foreign exchange and

Monday, November 10th, 2008 Trading software reviews No Comments

OptionVue Review

Newcomer Level For the software review, I received the 30-day trial pack, which contained a software CD (v 1.66), a training CD, two manuals, and instructions on CD installation and on working with ASX assets (as the software was designed for the USA options market). There was a 30-day free

Wednesday, November 5th, 2008 Trading software reviews No Comments