The Magic of Growth Stocks The most magic word in Wall Street in recent years has been “growth.” If you bought “growth” stocks, you were in theory moving along the royal road to riches.

Tip Toeing Toward Tape Reading When embarking on any new business enterprise, the first thing to consider is the amount of capital required. To study tape reading “on paper” is one thing, but to practice and become proficient in the art is quite another.

MetaStock Trough Function MetaStock Trough Function The Trough function allows you to refer to troughs (i.e. distinct lows) in any selected `data array’. Technically speaking, a trough is the lowest point reached between a short term down trend and a short term up trend. […]

A Crystal Ball: The Power of the Tape Tape-reading day traders have an advantage over floor-men in that they see news trends, changes in company positions and small shifts in the market before anyone else, but their dependence upon the tape can also put them at a disadvantage to their competitors. […]

Explanation of Chart - US STEEL Explanation of Chart - US STEEL A look at the accompanying chart of U.S. Steel common shows that it broke from 72 in the second week of July, 1957, to 48¼ by the third week in December of the same year. From […]

Keeping Your Expenses In Check There are a lot of qualities both personally and financially that one must have to be a good day trader. One that often gets overlooked is remembering to incorporate your expenses into your trade outcome.

Qualities of a Successful Tape Reader Anyone looking to enter the exciting and fast-paced world of trading should first examine several things: His mental and financial well-being, his amount of patience and cool-headedness and above all his threshold for remaining calm and calculating under intense pressure.

General Questions Answered in the Options Market General Questions Answered in the Options Market We have daily inquiries from correspondents at a distance, saying that living so far from the city, and not knowing the best stock to select, or the most favorable time to close their contracts, […]

Explanation of Chart - US STEEL Explanation of Chart - US STEEL A look at the accompanying chart of U.S. Steel common shows that it broke from 72 in the second week of July, 1957, to 48¼ by the third week in December of the same year. From […]