Says swing trader Dave Landry: “Markets can go up, markets can go down and markets can go sideways. If you are to be profitable, you need to buy at one point and obviously sell at one point higher. And if you just focus on the charts and the chart patterns, your life gets a lot easier doing that.”
The Layman’s Guide to Trading Stocks: The Big Saturday Interview with Swing Trader Dave Landry
Big Saturday Interview This week’s Big Saturday Interview features a conversation with long-time TradingMarkets colleague, author and swing trader Dave Landry. Hear more than a few words of wisdom from Dave’s latest book, The Layman’s Guide to Trading Stocks.
Money Management in 17 Steps
Traders ask me all the time about what my money management strategies are. The good news is that for most traders, money management can be a matter of common sense rather than rocket science.
Drawdowns: Steps to Take When You Find Yourself in a Hole
Drawdowns are inevitable in trading. Therefore, when faced with a drawdown, we must take action to help minimize it. Here are some steps we can take toward recovery.
Lessons in Money Management
Money management is the process of analyzing trades for risk and potential profits, determining how much risk, if any, is acceptable and managing a trade position (if taken) to control risk and maximize profitability…
The charts point the way
The only negative is that commodities remain generally strong. I suppose there’s always something to worry about…
There’s always something to worry about
The market remains in an uptrend…
Trading this market is NOT rocket science
The trend remains up.
Let the market prove you wrong
Trade in the direction of the major trend.
How to play this overbought market
The trend remains up. However, the market is due to pull back