Posted in Uncategorized on 02. Jun, 2010
A core fundamental concept of technical analysis is the study of support and resistance levels. This is the basis of every technical pattern, and major concepts like trend trading, candlesticks, and even Fibonacci retracements levels.
So what is a support level? Or a resistance level? Take a look at any stock graph – notice how [...]
Posted in Uncategorized on 26. Apr, 2010
The hardest part of a stock market trade is probably when you first enter the position. Whether a hot tip, technical breakout, or just some news that recently aired – we all want the company share price to go up in value. Because of this euphoria and emotion, in my experience, the toughest part [...]
Posted in Uncategorized on 19. Apr, 2010
I like to keep things simple (hello, “KISS” principle anyone?) – and this principle also flows into my investment strategy. It is so easy to become paralyzed with all that the market throws at you: constant bombarding of news, earnings, analyst upgrades/downgrades, entry points, exit points, what the index is doing, balance sheets … etc. [...]
Posted in Uncategorized on 11. Feb, 2010
WAYYYY back in the day when I first started investing, I remember a very particular Sunday morning where I happened to read the business section of my local newspaper. On that particular day, the feature article was highlighting the perks of nuclear energy, and how it would soon be the “wave of the future.” [...]
Posted in Uncategorized on 04. Feb, 2010
By the time you read this post, I should have already updated my big banner graphic (the picture above which resembles a road map with a big coffee stain). This banner is a metaphor representing my current state of anxiety: on paper, it is easy for me to write where I want to be [...]
