RunawayTrader

Ever have one of those days when the pieces just don’t fit together like they’re supposed to? And you really don’t know why?
Well that pretty well describes my trading skill today which, to put it delicately, was crappy.
One of the sources of my ineptitude was the emotional angst today delivered by First Solar, [...]

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Extended hours stock trading is nothing new. The New York Stock Exchange (NYSE) and NASDAQ have been open to “after hours” trading since 1975. Back then, though, only the so-called “high rollers,” the institutional investors and cash-rich individuals could partake in block trading.
 
But today, there are plenty of opportunities to trade both early and [...]

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In all likelihood, Uncle Sham won’t be caching any bucks in my checking about soon and even if he did, who cares?  I know lots of folks will be beneficiaries of this government largesse, but I don’t think I’ll see a cent. When Rasler Jesse Ventura was governor of Minnesota, I didn’t get a rebate [...]

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It’s not often that I pick up 28 points in less than 24 hours trading but BIDU proved to be a real winner. If you’ll recall, I went long on BIDU in the after-hours yesterday at 340. Then I dumped it at 355 within seconds after earnings were announced.
Then I waited until just before the [...]

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I hadn’t really planned on taking a chance on Baidu (BIDU), but after reading a review by Internet stock guru Henry Blodget, I decide to take a small chance.
 
I’m glad I did.
 
If you follow this Chinese equivalent to Google, then you’d know this stock has enjoy a rambunctious history since it premiered in [...]

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That’s the start of one of my favorite Shakespearean quotes.  Well, not exactly. The actual quote goes like this:  ”Our doubts are traitors and make us lose the good we oft might attempt by fearing to attempt.”
Wow! If that doesn’t fit the day traders bill, nothing does. Especially in trading the earnings that came down [...]

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Thursday after the bell, there’s a mountain of money to be made – or lost – playing the BIDU game. Play it right and you can runaway for life with a rucksack crammed with cash. Play it wrong and you’ll earn lifetime lodging in Dickens’ Bleak House.
 
You know how it works. You go long [...]

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Every now and again when I write this blog I’m sorely tempted to escape the literary confines of its purported genres – stock trading and adventure travel – and rant about something else.
Today was one of those days. I went grocery shopping at a nearby supermarket and was so jarred by the experience that when [...]

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Not surprisingly, this day-after-the-big runup met with mixed results for me. Yes, I made money, but I had to grind out every last cent. It was really more like work. And in the final accounting, I probably could have earned more writing books, than trading stocks. I am, after all, a book writer.
And speaking of [...]

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Wow! Not much chance of beating the huge rally on Friday, but Monday’s open looks at this early point to be green, judging from the overnight futures.  
I’m not even going to bother asking if you made money last week since you would have to be brain-dead if you didn’t. I didn’t make nearly as [...]

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