Someone years back decided to convince people who are bad at math that the Nasdaq is a good representation of the stock market.

With every day passes, particularly in 2022...

How do I measure performance?

In a nutshell, this is a question I received from a member of the All Star Charts community today.

Well, it depends. 

The short and obvious answer: I trade to make money. 

If...

For so long it had been Bigs over Smalls.

People would even complain that it was only 5 stocks driving market returns.

Do you...

There are 30 stocks in the Dow Jones Industrial Average.

This is the most important stock market index, both currently and of all-time.

Thanks for all the great comments and emails.

I'm glad to hear how well you guys are doing in this environment.

But keep in mind...

How great it is that we can change our minds and take decisive action immediately?

As traders in the financial markets, if our spidey senses detect that something is amiss or conditions have changed, we can often liquidate our positions and...

There are stocks going up and there are stocks going down.

I'm old enough to remember when we would all call that normal.

The...

You certainly see it in life - the losers usually continue to lose. And winners win.

It's the same thing in the stock market. Winners tend to keep on winning, and the...

Bear markets are infamous for their counter-trend rallies.

Breakouts fail, and the charts are painted with false moves.

Throughout this bear market, traders have bought the breakouts to then dump the next day into an illiquid tape.

I understand the theories about Crypto Currencies being a scam.

"The whole thing is about to fall apart", they tell me.

We continue to be handcuffed by earnings season. Some of the best setups we like right now are in stocks slated to announce earnings over the next week or two. As an options trader, I don't like to position ahead of imminent earnings announcements....

This is still the one folks.

I've been in the camp that we're only getting bull markets in stocks around here if the Dollar is falling.

I was talking with a relatively new day trader last night at my twice-monthly trader meetups here in Colorado. We were chatting about stop losses. Or more specifically, his inability to stick to his “mental stop loss levels.”

As you can...