The book most often recommended to traders and aspiring traders is Reminiscences of a Stock Operator which is the disguised biography of legendary trader Jesse Livermore. Below, is the list of his twenty one trading rules for contemplation. Jesse Livermore’s 21 Trading Rules Nothing new ever occurs in the business of speculating or investing in […]
A “right or right out” long trade in PDC Energy, Inc. (PDCE) is profiled below. PDCE trades in a very splashy manner. However, given the latest buying pressure in energy names, the stock looks poised to pop out of the descending channel to test the prior high. We are looking at this setup as a […]
We get a lot of emails asking about the “reversal periods” which are nothing more than times during the day when the market generally turns. Below is a thinkscript code for a study that you can apply to your charts that puts a small highlight underneath the bar that denotes the reversal time. Currently, it’s […]
