Monthly Archives: May 2013

The Trend Is Your Friend Until It Isn’t, At Which Point You Have A New Friend.

Posted on May 30, 2013 by wallstreetpirate

All you know is that the market makes new highs almost every day of late. You’re afraid to chase price, but that’s what’s working. You’re afraid to short anything because apparently that’s suicide. Your father and grandfather told you time … Continue reading →

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Posted in day trading, position trading, speculation, Stock Market, swing trading, Trading Stock Market | Tagged , , , , , , , , | Leave a comment

Stand The Wall, Or Take The Trade

Posted on May 26, 2013 by wallstreetpirate

Stock Market: “You want answers?” Wanna-be Trader: “I think I’m entitled to them.” Stock Market: “You want answers?” Wanna-be Trader: “I want the truth!” Stock Market: “You can’t handle the truth! Son, we trade in a market that has rules, … Continue reading →

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Posted in culture, speculation, Stock Market, stock market trading, Trading Stock Market | Tagged , , , , , , , | Leave a comment

If You Want To Trade The Gravy Train, Stop Thinking Like An Investor.

Posted on May 10, 2013 by wallstreetpirate

In my thirty plus years of introducing people to the stock market, specifically trading the market, it amazes me how Mr. or Ms. Wanna-Be traders do not fully understand which train, or even which destination, they’re embarking on. If the … Continue reading →

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