Taz Trader Blog For Swing Traders

Written on 08-08-2007 6:25 pm by Craig

The Stock Market: Opinions Vs. Reality

I don't do a lot of "stock market analysis". Sometimes I get emails from traders asking me which way the market is headed. Sorry, I'm not smart enough to know the answer to that question!

But you can find all kinds of opinions on TV, in magazines, and on stock market websites around the net. The problem? Everyone has a different opinion!

But, I decided that due to the recent volatility, I would go ahead and give my "expert stock market analysis" on the current state of the market!

Ready?

Here it is...

stock market uptrend

The stock market is in an uptrend because it is making higher highs and higher lows. Until that changes, we are still in a bull market.

How's that for some good analysis!


Written on 12-08-2007 5:38 pm by Craig

Do You Keep a Trading Journal?

Today, I stumbled upon a great post by Toni Hansen titled, Creating and Managing a Trading Journal. She talks about how she creates and maintains a trading journal and how she organizes the information.

I used to keep detailed information about all of my trades. I printed out the charts, wrote notes on them, etc. But, I got a little lazy and stopped printing out my charts. Now I just use TradeTrakker to enter in my comments next to each trade.

But, after reading this article, I think I might stop being so lazy and get back to printing out my charts and reviewing my past trades more often.

Do you keep a trading journal?

I would love to hear how you do it and what information you include in your journal!


Written on 26-08-2007 8:50 am by Craig

Submit Your Tips. Help Create an E-book.

Wow, it's been a while since my last blog post. Here is what I've been working on:

Your Tips

This is what it is all about:

  • Submit your best stock market tip, idea, or strategy.
  • After you submit it, your own page on this website will be created.
  • Other traders will be able to rate (1 to 5 stars) and comment on your tip.
  • All of these tips will be converted into an ebook
  • This ebook will be given away for free on this website.

Pretty neat right? A giant book of stock market and technical analysis tips and tricks from hundreds of different traders!

Got a website or blog?

Be sure to include you website address at the bottom of your submission in this format: www.yourwebsite.com. I will covert it into a live link on the page that you create.

All submissions are manually approved (to keep out the evil spammers!). Just allow 24 hours for your page to be live on the website.

Learn more here.


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Blogs I Read


Market Club

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New Market Club Video:

The 50 Rule:

In this new video, Adam talks about the "50 Rule" and how it can help you to spot reversals.

Software

trading tools

Fibonacci Price and Time: This is an excellent software program that will calculate Fibonacci price and time levels. Also calculates Gann "Square of Nine". Inexpensive and very easy to use.

Trading Videos

Ino Tv

4 Trading Videos:

Now you can watch four trading videos from some of the top traders in the business.

Zecco

trading tools

This is the broker I use. You get 10 free trades a month with no fees or commissions. Perfect for those new to trading stocks.

100% Free Stock Trade. Trade stocks for free on Zecco.com. The Free Trading Community. www.zecco.com

Trading Course

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Trading Master Plan

This is one of the few trading courses on the market right now that is actually worth buying.

You get a 200 page e-book, trading video tutorials, chart lessons, and mp3 audios.

Also includes unlimited personal email support from Dave himself.

Elliott Wave Video

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Elliott Wave Video Series

In this 3 part video series, you will learn what the wave principle is, why you should pay attention to it, and how to trade it.

This course is free from the folks over at Elliott Wave International.