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TUES. APR. 6- The VWAP One of the terms tossed around the chatroom is “ VWAP.” But most people don’t know what that means or what the ramifications of the VWAP is. “VWAP” stands for “Volume weighted average price.” Even more specifically, the VWAP is a mathematical figure for...

MON APR. 5 - Out Of The Norm One of the major obvious factors in determining whether to do a trade is the immediate-term direction of the stock market. That sounds very obvious and even the newest of the newbie traders understands that it’s a lot easier to earn money from buying a stock...

THURS. APR. 1- Start of 2nd Quarter Today is the first day of the 2nd quarter. April’s Fool Day typically plays out in one of two ways. First, the market can move very dramatically. The reason is that mutual fund managers and funds based on 401k’s become flushed with cash. At the...

WED. MAR. 31- Home Loans And Equities Several days ago, the federal government announced a plan to shrink home loans. Specifically, the aim of the government’s focus is to reduce the amount that many troubled borrowers would owe on their existing mortgages. The plan would ostensibly let...

TUES. MAR. 30- Expecting To Be Right But Preparing To Be Wrong A few days ago, someone told me that he was trading a lot of the more aggressive stocks such as FCX, AAPL, and GS. But he consistently found that he was losing small net-net whenever he did so. I asked him to think about why...

MON. MAR. 29- Tentative Greek Solution? On Thursday night, a consortium of European leaders reached yet one more deal in an attempt to alleviate if not halt the government debt crisis that is completely undermining Europe’s currency union. The joint Eurozone and IMF program actually comes...

I’ve discussed my methodology for exiting winning trades in this space in previous posts, but particularly in the last 3-6 months when I see people taking lots of small losses, I want to denote what I feel is the “right” time to exit a loser if using a timeframe of 1-10 minutes for doing a...

THURS. MAR. 25- Long-Term Vs. Short-Term Worries In what has become a year-long theme in trying to drill home a point from several different angles, I am going to try again because I was questioned a lot about this yesterday. The example I kept using in dialogue I had with people was this...

WED. MAR. 24- The Markets Love The Bill I noted yesterday that the markets entirely shook off the health care bill passage on Sunday night. But I want to go into a couple of crucial points that I barely touched upon. Markets are forward looking in that the theory goes that every major outcome...

TUES. MAR. 23- Shaking It Off...Again Rate this Entry As a kid, I always questioned how it was possible much less the sanity of friends of mine who had ferocious colds/fevers and/or something even more sinister wrong with them could manage to do things like play in major academic or...

MON. MAR. 22- Tug-Of-War On Friday, in the ‘markets preview’ of this space, I called for a downside bias in noting that “there are a lot of clouds on the horizon with post-expiration weeks usually countertrend weeks, the Greek situation getting stormy anew, and healthcare legislation...

My apologies- I just got an e-mail message from someone telling me this was not posted. I actually posted it at 7:54AM ET, but clearly, something went wrong and the text didn't post. So, again, I apologize for this being posted here now rather than three hours ago as intended...

THURS. MAR. 18- Springtime A few weeks ago, I penned this piece: http://epiphanytrading.blogspot.com/...+meets+trading In that particular post, I noted how the markets can largely become paralyzed by certain events as they did when traders sat mesmerized at their TV’s in watching to...

WED. MAR. 17- What I Do To Prepare Many people have asked me what it is that I do to prepare for the trading day and stock watch list I put out for the firm when doing trades within the particular system I utilize. Mind you, everybody has their different ways of doing thing and no one way is...

For those of you who love campy movies, "The Chase" is one of the campiest. It starred Charlie Sheen and Kristy Swanson and I shall quote the great Roger Ebert's review of it rather than trying to better the beloved movie critic: "" 'The Chase,' a movie named with unerring accuracy, takes place...

MON. MAR. 15- Deficit and Budget Worries A friend of mine sent me a fascinating article recently from www.zerohedge.com with the tag headline “As Budget Deficit Hits Record High, Interest on US Public Debit Hits Record Low.” Usually, such ‘scare’ articles don’t have a lot of merit...

FRI. MAR. 12- Adapting When Things Change Everyone has different aspects of their personality that can become accentuated. Furthermore, people tend to act differently in different situations. And don’t begin to think “I don’t” because everyone does. I am as much of a “what you see...

THURS. MAR. 11- Handling Success With Dignity I posted arguably my favorite blog post on September 28…it is something that took me about two hours to think about and type. Here is the link for those who do not remember: http://epiphanytrading.blogspot.com/...8_archive.html In the...

WED. MAR. 10- When In Doubt, Get Out In April 2000, I was dating a girl who I met through some friends. She was somewhat shy, but seemed to be a very nice person. Right around her birthday, we were talking about said birthday and somehow the topic of surprise parties came up. She noted...

I'd rather be too detailed in making sure I answer the questions as completely as possible than too succinct.