For many traders, success always remains just around the corner, just a step away. All too often traders allow one bad trade to ruin their day. Or perhaps one bad day ruins the week or even the month. These are symptoms of a trading strategy that, while it may appear to have what it takes for a successful strategy, is doomed to fail. Continue reading “The Profit’s In The Details by Bryan Babcock”
Historical tests reveal the tendency of the major stock indices to revert to the previous day’s closing price in the early minutes of the trading session. This strategy takes its cue from that bit of market behavior. Art Agnelli and I wrote this article for Active Trader magazine in May 2003. Continue reading “Morning Reversal Strategy, by Bryan Babcock”
Know what business you are in….
In 1987 the stock market crashed. As the market was falling, investors had little or no access to the plummeting prices and, as a result, lost billions of dollars. Because of this limited access, two years later the SEC directed that investors should be given more direct access to the market opening the door to a new industry. Over the next six years AllTech Financial and Block Trading opened offices in Montvale New Jersey and Houston Texas allowing investors direct access to the stock market and a new industry of day-trading was born. Continue reading “The Business You Are In May Not Be The Business You Think”
