Hey 5-Star Trader, There are many popular expressions describing the market. You have heard me say “Sell in May and go away,” and “buy the rumor, sell the news,” but today I want to talk about the saying “never short a dull market.”   What exactly is a “dull” market? When people call a market “dull” they are referring to low-volume trading. This means that there are not a lot of buyers or sellers in the market creating action. Volume … Read more

Hey 5-Star Trader,    “Tuesday Trade” Journal: One of the most important concepts in trading is to review your work, and learn from the good and the bad. Identifying what is working is critical — to do more of it. So, to lead by example, each Tuesday, you’ll get a trade from my trading journal, in which I explain my thought process from start to finish. Trading is all about finding something that works, and applying it over and over … Read more

Hey 5-Star Trader, There are many ways to look at the market. You can compartmentalize it by breaking it down into sectors or compare the different indexes to judge its sentiment. But what if you want to compare the overall health and consistencies of one company to another? Knowing which sector they are in won’t help.  That’s why when I am comparing companies one of the things I do is consider whether they are a large, mid, or small cap.  … Read more

Hey 5-Star Trader, “Tuesday Trade” Journal: One of the most important concepts in trading is to review your work, and learn from the good and the bad. Identifying what is working is critical — to do more of it. So, to lead by example, each Tuesday, you’ll get a trade from my trading journal, in which I explain my thought process from start to finish. Trading is all about finding something that works, and applying it over and over again. … Read more