If you ask 10 different people how to get into stock trading is very likely that you'll receive 10 different answers. The best people to ask, quite naturally, we those who actually trade stocks successfully. This is quite logical considering that it makes sense that you will get the best advice from … [Read more...]
Practice Stock Trading – Practice Makes Perfect
We are all familiar with the phrase, "practice makes perfect", but does that really apply to successful stock trading? The answer is yes. It applies not only to successful stock trading, but success in any area you wish to improve or master. It's very easy to get started with practice stock … [Read more...]
What Is a Drawdown and Why Should I Care?
We've all heard the term, "drawdown" from time to time when referring to the performance of stock trading systems. A trading system's, "maximum drawdown" is an extremely important performance metric. Why is that you ask? Simple, because the maximum drawdown is the greatest peak to valley draw in … [Read more...]
Why Stock Trading Discipline So Important?
One of the most difficult concepts for beginning stock traders to wrap their heads around is a concept of stock trading discipline. Merriam-Webster describes this as "orderly or prescribed conduct or pattern of behavior". Merriam-Webster also provides us with another simple definition of discipline … [Read more...]
FedEx Stock Update – 9-2-2014
I know that I haven't had much to say about FedEx stock over the last few months. It has been in a trading range between the low of 145.08 to the 52-week high of 155.31. If we break below the 145 price level we could see prices travel to the 138-140 area. … [Read more...]
FedEx Stock Update – 6-16-2014
The commentary for 6-2-2014 stated: "We could see a pullback from the new 52-week high to be 141 price level over the next week or so." Last week FedEx reached the 141 price level and closed at 140.27 for the week. The possibility exists for FedEx to travel a bit lower this week to 138 price … [Read more...]
FedEx Stock Update – 6-2-2014
The commentary for 5-12-2014 stated: "If FedEx can close above 140 this week we could see upside movement toward the 144 area and perhaps see a new 52-week high in the next few weeks." Last week FedEx made a new 52-week high. We could see a pull back from the new 52-week high to the 141 price … [Read more...]
FedEx Stock Update – 5-12-2014
Last week FedEx has moved outside the trading range of 131 - 137. This range lasted for over a month. If FedEx can close above 140 this week we could see upside movement toward the 144 area and perhaps see a new 52-week high in the next few weeks. … [Read more...]
FedEx Stock Update–3-27-2014
Our last FedEx stock update was on 3-13-2014. At that time we stated that the possibilities over the the next week were the same as those we issued on March 4, 2014 1 – A close near or above the 138 level 2 – Downward price movement below the 134 price level On 3-19-2014 possibility … [Read more...]
FedEx Stock Update – 3-13-2014
Our last FedEx stock update was on 3-4-2014. We said that there were several possibilities for the stock over the next few days. Those possibilities were: 1 – A close near or above the 138 level 2 – Downward price movement below the 134 price level. Since 3-4-2014 FedEx has closed above 137, 5 … [Read more...]