Daily market Comments - May 31, 2006  3:29 PM

Stock Market Screener

Stock Market Screener – How To Screen The Entire Stock Market For The Best Trade Setups Of The Day.

Did you know you could have your own personal “stock market screener”?

It’s true. There is PC software available that will go out and find any kind of trade setup imaginable. Let’s think a little about what that really means.

The “old”, pre-PC way of investing and trading involved poring over corporate balance sheets until your eyesight went blurry, trying to catch some “undiscovered” value play. Or trying to use and understand complicated technical analysis setups, and looking at chart after chart in hardcopy chart books, seeing if you could catch any of the chart patterns. Needless to say, these were tremendously boring, arduous tasks. Not to mention the incredible amounts of time they took.

Stock market screening software has turned that process completely around.

Yes, now you can simply program software to show you exactly what you want to see, to serve you the best trade setups of the day, based on whatever criteria you desire, on a silver platter.

I want you to notice a phrase I used in the above sentence. It’s crucial to your success in today’s hyper-volatile stock market. It’s the phrase “best trade setups of the day.”

Why is this so crucial in today’s stock market?

It’s because of the modern-day technology being used. In the past, it used to take hours, if not days, to get stock market data to us individual investors, if we could get it at all. The stockbrokers and their firms used to “own” that information, to be disseminated out to their clients piecemeal, if at all. It was “proprietary” information then, and the brokers could charge huge commissions to their clients for the “rights” to this information. Not any more.

Now the individual investor or trader can get just about any information imaginable at the click of a mouse. Some traders and investors are even complaining about “too much information” being available – and are totally confused about what information is truly valuable and what is just “noise.”

I think this “problem” gives astute investors and traders an edge. Those who are able to “cut through the noise” and use these sophisticated stock screener software systems to their advantage – to simply serve up the best trade potentials of the day – are at an EXTREME advantage compared to everyone else.

Here’s a great example of what I’m talking about.

Remember the phrase I used above? About the “best trade setups of the day?” Here’s one way I find those.

There’s a scan I programmed in my favorite stock screener software I call “Big Movers On Big Volume”. It’s an extremely simple scan that shows me exactly what I want to see in the market that day – Big Movers On Big Volume.

If a stock is moving up violently in price, on big volume, something is happening to that company, on THAT DAY. That “something” could be anything, and is really not important. The fact is - SOMETHING is happening to force the price of the stock up on that particular day.

And that particular SOMETHING could be something coming “out of the blue” – that no stock analyst, no stockbroker, no investment or trading newsletter, not the Wall Street Journal nor Investment Business Daily - no NOTHING – could have ever predicted.

Do you know what this means? This is the closest thing to having an “edge” in the stock market you will ever get, especially if you can run your scans several times during the day to stay on top of the market action. You will see things happen to stocks as they happen, and not days later, when it may be too late to take advantage of the move.

And I’m not talking about “day trading”, at least not in the usual understanding of the term. I’m not talking about making dozens of trades each day, trying to “scalp” an eighth of a point here, and a quarter point there.

I’m talking about percentage gains. These trade setups lead to unreal short-term percentage gains – I’m talking double-digit percentage gains within days. And you don’t need too many of those to make a huge change in your portfolio’s performance.

Recent examples? How about SIMC’s 11.59% gain just yesterday, or IFO’s 12.4% gain so far today? They are out there each and every day, even in a rotten market environment.

I teach my Trade Your Way To Wealth Members how to set up this particular software (I’ll tell you what software we use in a few minutes) to find these market-beating trades each and every day.

I have to tell you, this really beats the “old”, backwards way of trying to find the best stocks to invest or trade in. With my method, I can start from “scratch” each day and just let my stock screener software sift through thousands of stocks out there and give me the 15 – 20 best trade potentials of the day in about three minutes. Then it takes me about another ten minutes to find the “crème de la crème” of the trade setups.

And, needless to say, this is FUN too! It’s like Christmas morning each and every day, because you never know what “gifts” the market will give you that day!

I urge you to take this software for a trial run – I think you’ll be hooked. See below for details.

Due to the length of today’s article, we’ll skip our Mental Fitness For Traders lesson for today.

And now, on to business…

As I am typing these words, the markets are in the green, but off the highs of the day as concern about the content of the Fed meeting minutes weighs on the market. We will be watching closely to see how the markets react.

Here’s a stock reacting positively today…

Stock For Review

Our Stock For Review today is LDSH – Ladish Co. Inc.

LDSH is showing a nice Bullish Kicker Gap today, and a continuation of an uptrend. It’s up on volume 194% above normal.

LDSH may just make your portfolio “LUSH”!

Most Recent Double-Digit Percentage Gainers In One Day…

Here are a few of the DDPG’s since our last update:

SIMC – 05/30/06: Up 11.59% in our ARM Plays area.

Products Of The Day

The best stock screener software money can buy…

Stock Screening Par Excellance! Here’s the software we use to find the biggest gainers of the stock market

I’m teaching my Trade Your Way To Wealth Members how to find these explosive trade setups each and every day. I invite you into my Inner Circle of Stock Market Assassins!

Here are some tools to help you in this area:

Trading Mind Software! Get “mentally fit” for trading in the fastest time possible.

Read more about this incredible TradingMind Software!

Summer Investing Special!

We are trying to make our way through the worst May since 1984 for the stock market! Now we’re heading into the summer, when volume settles down, but volatility heads up. You’ll need to know how to navigate those treacherous summer waves in the market.

Sign up for my Trade Your Way To Wealth Quick-Start E-Class right now, and I’ll knock off 500 bucks for the first ten students who enroll. Your success is guaranteed! If interested, click on the link below, and Tim will send you a special coupon code to sign you up immediately. Coupons are being snapped up as I am typing these words. Better hurry!

Oh, one more thing. I don’t usually do this, but if you sign up for the software I use through the above link, and then sign up for the e-class below, I’ll personally help you set up the Big Movers On Big Volume scan I use to find the strongest trade setups each day.  I’ve never done this before in the e-class, since I usually reserve that scan for my $1,000 a month premium service. And this is a limited time offer, just for this summer special.

Click here to get your special coupon code to knock off $500 from the regular price!

Click here for more information on the e-class!

Daily market Comments - May 26, 2006  5:06 PM

Stock Market Trend

Stock Market Trend Analysis Made Easy.

There’s an old saying in the stock market that the “trend is your friend”.

This means simply that, as long as you’re in sync with the stock market trend overall, and especially with individual stock trends, you should be making money in the market.

As I teach in my Trade Your Way To Wealth Quick-Start E-Class, a nicely trending stock will conform to Newton’s First Law of Motion – that says once an object is in motion, it will tend to stay in the same speed and direction of that motion unless acted upon by an unbalanced force.

What is the “unbalanced force” that will cause a stock to change its trend? Well, it could come in the form of several different things – an unexpected good (or bad) earnings report, a new product announcement, another company buying it out, etc. Or it could simply be overextended or underextended above or below historical price action. But the truth of the matter is, you don’t have to know exactly what the underlying cause of the “unbalanced force” is. You have other tools at your disposal to clue you in when a stock is about to change its trend.

One of the simplest tools to use in stock trend analysis is just the use of trend lines.  Simply drawing a line underneath the trending price action of a stock will tell you when the trend is violated. I do that often in our Stock Fishing Videos within our daily stock chart analysis lessons.

Candlestick analysis is a crucial tool in alerting you when the trend of a stock’s price action is about to drastically change. Any of the most common reversal signals will give you a heads-up in that area.

Finally, stochastics do a great job in giving you advance warning of a pending stock trend change. Knowing how to glance at stochastics will give you instant knowledge of the probability of a trend change.

We use just a handful of tools – including those above – to beat the market year after year. Once you learn our simple, visual system of stock chart analysis, you’ll be able to immediately tell when a stock trend change is about to happen.

And now for the second in our series of articles related to Mental Fitness For Traders…

“Mental Fitness for Traders” Series

Limiting Your Winners and Letting Your Losers Run?
by Norman Hallett, former CTA/Trader

It occupies a chapter in just about every trading book ever written.

It’s been preached by every lecturing market guru since the Aden Sisters danced to the music of the gold market.

Go ahead and hire a personal trading coach and likely the second thing he or she will utter will be these chosen words (right after “Trading is speculative and only risk capital should be used.”)…

And those words are…

“Limit your losses and let your winners run”.

OK. We’ve been told.

But you didn’t have to tell us. It makes perfect sense.

“On a roll”… “Go with the flow”… “Ride the wave”… “Get out while the getting’s good”… we’ve heard both sides of those golden words massaged in numerous different phrases.  We get it.

During my trading and coaching days, I would re-visit students that I trained weeks or months previously and, low and behold, I would discover that many of them were actually doing the opposite...

Letting their losses run and limiting their gains!

After a while I wasn’t surprised… I would go into a refresher visit EXPECTING to see “limit/run rule” repeatedly ignored.

I would ask the students “Why?”... There were many different stories but one main theme…

All the traders, in some way, had gotten out of emotional control.

During their trainings, I had made sure that they did extensive back-testing on their systems and I did that because…

I knew that the more they tested and saw that their system would have been successful, the more they would TRUST in the system and have the strength the follow its signals, especially through rough periods.

Apparently simply back-testing and seeing “would-have-been” results wasn’t enough to keep these traders in emotional control.

What I had been missing was that these traders were taking the losing PERSONALLY!

These new traders had been seeing losing trades as reasons to let negative thoughts into their heads. A loss would mean that all the articles they read about “gambling” market traders may be true.

All the family accusations that they were crazy traders … well, that could have some merit!

This kind of negative thinking (as well as other forms of trading-related negative thinking) makes it so you don’t want to take a loss.  If you take a loss, maybe your that much closer to that idiot trader that you’ve been accused of being.

So you enter a trade (after, say, coming off a losing trade) and it starts to go south.

As the market heads for your stop, you start looking around at the news, or a chart of a “sister” market or share that’s showing strength, searching for an excuse to make it OK to lift your stop.

Found it.

“Hello… Cancel Bean Ticket 4154.” … Stop Canceled.

If the market comes back, you’ll be the smart guy or gal that made the right move and turned a loser into a winner.

What you REALLY just did, however, was turn a potential winner into a potential loser.. YOU.  You may have had a winning trade, but you will lose in the end.

It’s not about YOU.  It’s about THE MARKET. If you don’t take your emotions out of it, you don’t have a shot.

You must see yourself as a trader not someone who is becoming a trader.

There’s very little room for mistakes in your trading.

Leverage makes sure of that.

If you are going to play in the Big Leagues, you have to do act and do what Big Leaguers do… right from the beginning.

Do all your practicing on the paper-trading playing field. Once you put your money up, you either do what your tested system tell you to do or pick a different profession.

If you’re not training mentally, you’re not giving yourself the best chance to laughing in the face of your relatives!

**Norman Hallett spent 21 years as a successful trader and CTA before starting Subconscious Training Corporation. His company developed TradingMind Software, the industry’s leading mental/emotional training tool for traders who understand the importance of being disciplined and focused in their trading.

And now, on to business…

This week in the market offers concrete proof that you must watch the action of the market each and every day. Because the way the market acts in any given day may provide all the evidence you need that it’s time to either get in or get out.

I think we saw clear evidence this week for the market bounce we’re in right now. The market index charts showing clear bottoming signals using our system of chart analysis. Individual charts of stock after stock showing candlestick reversal signals – in fact, the most I’ve seen in quite some time. This is how you put the probabilities in your favor of catching a big market bounce. But you have to remain alert at all times, especially when you are out of the market and in cash.

Here’s a stock looking especially interesting today in the market bounce…

Stock For Review

Our Stock For Review today is LQDT – Liquidity Services Inc.

LQDT is blasting out of a basing area, negating the sharp recent pullback, to say the least!  Trading volume is 622% above normal.

This stock may provide lots of “liquidity” for you in the near future!

Most Recent Double-Digit Percentage Gainers In One Day…

Here are a few of the DDPG’s since our last update:

OLAB – 05/23/06: Up 14.05% in our RSVP area.

PAE – 05/24/06: Up 10.28% in our Volume Plays area.

Product Of The Day

If you’re not playing this market bounce, you’re missing out on a rare opportunity in the market to make inordinate amounts of money.

Take a look at some of the possible gains made this week, just on Tuesday alone:

Examples of market bottom bounces (5/23/06):

BLDP - Up 15.09%
PEIX - Up 16.89%
MGPI - Up 12.49%
CVM  - Up 25.88%
GROW - Up 12.34%
FRGO - Up 52.25%
MAMA - Up 20.47%
EDEN – Up 23.08%
AZK  - Up 33.81%
PCOP - Up 26.26%
MTL  - Up 18.88%
NGA  - Up 11.29%
OTD - Up 11.94%

I’m teaching my Trade Your Way To Wealth Members how to find these explosive trade setups each and every day. I invite you into my Inner Circle of Stock Market Assassins!

Here are some tools to help you in this area:

Trading Mind Software! Get “mentally fit” for trading in the fastest time possible.

Read more about this incredible TradingMind Software!

Market Bounce Investing Special!

Finally, I will do what I can personally to help you quickly “get up speed” with one of the most powerful – yet simple – investing and trading systems I’ve ever used.

Sign up for my Trade Your Way To Wealth Quick-Start E-Class right now, and I’ll knock off 500 bucks for the first ten students who enroll! Your success is guaranteed! If interested, click on the link below, and Tim will send you a special coupon code to sign you up immediately. Coupons are being snapped up as I am typing these words. Better hurry!

Oh, one more thing. Since the market bounce is already starting, and the stock trend is changing back to the bullish camp, I’ll personally work with you, one-on-one, to let you in on some of these explosive stock moves. I’ve never done this before except in my “I Want It All!” service.

Click here to get your special coupon code to knock off $500 from the regular price!

Click here for more information on the e-class!

Daily market Comments - May 23, 2006  6:14 PM

Bear Market Investing

Bear Market Investing – Sell In May And Go Away?

Today’s market action was a sure sign that we are still stuck in a bear market investing environment.

What started out as a great day, with the market exploding out of the opening gate and looking like a sure rally day, quickly turned to crap for both the Dow Jones and the NASDAQ. Both markets peaked at around 11:00 AM EDT. The Dow held up a little better than the NAS, but both indexes fell off a cliff (again!) in the last hour of trading. Folks, this is what a bear market looks like.

The old adage “Sell in May and go away” looks right on so far in this bear market investing scenario we are in.  The adage is based on stock market history, with the best months for the market being the November through April time period, and the worst May through October.

So again, unless you know what you’re doing with shorting stocks or buying put options, perhaps the best thing to do right now is simply go 100% to cash until we see sure signs of a market turnaround.  I’ll tell you when I think that will be in this blog. There is a certain series of events that have always happened in order for a new bull market to take place. So stay tuned – you’ll read about them here.

But there are a few more things you can be doing in a bear market investing scenario. One is to keep watching the market each and every day. The market is extremely oversold, and quite often will reverse back to the upside at a fierce pace. It gave a few hints of that today before it went south. But there are quite a few bottoming signals out there on individual stocks that worked today.

Another thing you can do during the market’s “down time” is to enhance your education in the art of science of investing and trading. Please feel free to browse the Products and Services section of our main site for many unique books, CDs, DVDs,  and other educational materials to help you in that area.

Finally, you can work on your mental fitness for trading. Often called the “missing link” for successful trading, mental fitness and preparation is crucial for your investing and trading future. Along that line, I’ve decided to launch a new series of articles originally written by my new friend Norman Hallett, CEO of Subconscious Training Corporation, the world leader in mental training software. Norman is a CTA and professional trader, as well as an expert in the area of mental fitness in trading.

Let’s kick it off right now…

“Mental Fitness for Traders” Series

You’ve Got a Great Trading System… So Why Are You Losing?
by Norman Hallett, former CTA/Trader

You’ve done your homework.

Countless hours of seeking out the right guru (or piecing together your own system). Weeks of monitoring your guru’s daily trade picks (or paper-trading and back-testing your homemade system). You’ve done it by the book.

No seat of the pants trading for you!

OK, now you’re confident. It’s time to put your money where your homework is.

You’ve had your coffee and your first trade signal is before you.

Confidence high. Trade made. First loss. Not a problem.

You understood before you started that successful traders both win and lose and “losing is part of the overall winning”. You’ve also heard more than once that “successful traders don’t win on every trade.”

Moving on, still confident. Next trade made. Another loss, but…

This one hurt your pride a little because you got stopped out early in the trade, and then the market rebounded and would have hit your profit target if you weren’t stopped out.

You double check.

Yep, you placed the stop where your trading system told you to place it.

You kind of had a feeling that the early weakness in the market was just profit-taking from the previous day’s trading, but you’re trading a system and you must stick to it. Wounded, but resilient.

After a good night’s sleep and a few mouse clicks, your new daily trades are in front of you.

Hey, this one looks good! It’s a little bit more risk than yesterday’s trades had, but look at that profit potential!

With a smiling face, the trade is executed. With a nice start to the trade, you’re feeling good and you’ve moved your stop to breakeven, just like your system said.

Surprise piece of news! – market reverses – blows through your stop – an “unexpected” loss.

Is something wrong with the system?

Has the overall market “personality” changed, affecting your system to the Core, rendering all your back-testing irrelevant?

Your confidence turns to doubt.

You decide to “watch” the next trade… I mean, isn’t it wise to make sure the system gets back on track before you “throw good money after bad?”

Isn’t that what a conservative trader does?

Trade watched. It wins!

In your head, you beat yourself up a little because you know that when you started your “live” trading, you made an agreement with yourself to take the first 10 trades “no matter what”… and here you wimped-out and missed a big winner that would have gotten you even.

What’s happening?!!

What’s happening is that you are out of control. Your emotions are ruling your trading.

The above scenario plays out in every trader from time to time... newbie and veteran alike.

The winning trader senses what is happening and nips it in the bud. The winning trader spends time EVERY DAY, working on “the discipline of trading”.

He/she reads a chapter in his/her favorite psychological trading book, scans the “ten commandments of trading” that hangs on the wall over his/her desk, listens to his/her mental training software for traders…

Something… Every Day… before trading begins.

There are many more losing traders than winning traders… and it’s seldom about the trading system.

In my career, I’ve come across at least 50 systems that I consider A+, yet I know, for a fact, that MOST traders that have traded these systems have lost.

Why?

They were not in control of their emotions.

Are you?

**Norman Hallett spent 21 years as a successful trader and CTA before starting Subconscious Training Corporation.

His company developed TradingMind Software:
http://directyourmind.directtrack.com  

It is the industry’s leading mental/emotional training tool for traders who understand the importance of being disciplined and focused in their trading.

And now, on to business…

The markets teased us today by gapping up on the open, only to fizzle out to losses in the last hour of trading. As I said in the introduction, this is bear market action. Remember, as a rule, the market’s open belongs to the amateurs, and the close to the professionals.  So you’d rather see the market gap DOWN on the open and close strong, not the opposite.

But, as usual, there were several stocks in the market totally ignoring the bear market investing background. Here’s one of them now…

Stock For Review

Our Stock For Review today is GROW – U.S. Global Investors, Inc.

GROW got lots of support today on its 50-day EMA, reversing 12.35% and forming a Bullish Harami. Trading volume was 194% above normal.

This stock may just help your portfolio “grow” in the near future!

Most Recent Double-Digit Percentage Gainers In One Day…

Here are a few of the DDPG’s since our last update:

None this time.

Product Of The Day

Frustrated by the bear market investing scenario right now? Use this “down time” wisely! Get ready for the inevitable market bounce - it could be huge! Single-day double-digit percentage returns are common in this environment.

Here are some tools to help you in this area:

Trading Mind Software! Get “mentally fit” for trading in the fastest time possible.

Read more about this incredible TradingMind Software!

Bear Market Investing Special!

Finally, I will do what I can personally to help you quickly “get up speed” with one of the most powerful – yet simple – investing and trading systems I’ve ever used. Be ready for the market bounce in 30 days.

Sign up for my Trade Your Way To Wealth Quick-Start E-Class right now, and I’ll knock off 500 bucks for the first ten students who enroll! Your success is guaranteed! If interested, click on the link below, and Tim will send you a special coupon code to sign you up immediately.

Click here to get your special coupon code to knock off $500 from the regular price!

Click here for more information on the e-class!

Daily market Comments - May 13, 2006  4:05 PM

Stock Market Lesson Plan

Stock Market Lesson Plan – Creating A Realistic Plan For Success.

To do anything of importance correctly, you must have a plan.

Nowhere is that more true than for a beginning trader or investor in the stock market. Without a stock market lesson plan – a strategy of exactly how you’re going to master this monster of a subject – you’re doomed from the start.

Fortunately, you’ll find plenty of resources on this site to kick-start your effort in this area. That is part of my grand goal – to help as many traders and investors get on the right path – and find the appropriate stock market lesson plan for them.

I found a great little article on the basics of how to create a realistic plan for success – whether it’s learning how to master the stock market, or whatever else you want to achieve. The article is reprinted below. Please take a look at the article, and then I’ll present you with a stock market lesson plan that’ll blow you away.

How To Create A Realistic Plan For Success

Every one of us wants to be successful, but we often rely on luck and chance to achieve our goals. The best example in this case is someone who wants to get rich but only has one alternative: playing the Lotto. Of course, there are chances of becoming rich overnight, but how likely is it that this will actually happen? Creating a realistic plan in order to achieve the desired results is vital in any case, no matter how high or low your hopes are.

The safest way to do this is by taking successive steps and gradually increasing your chances of reaching your ideal. Try to think of a metaphor and compare your desires with a professional swimming competition. The first thing you need to do in order to have chances of winning the race is to make sure you are not afraid of the water. Before you even consider entering the race you have to eliminate your fears. They are the ones holding you back, but be careful - some of your fears might save you from getting hurt or failing.

 Once you are convinced that your goal is worth fighting for, you have to start the hardest stage in you plan: preparation. You cannot expect to win a professional swimming race when you don’t even know how to swim. Start with the basics and never skip any steps out of desire of reaching your goal faster. The experience and knowledge you are skipping will probably come back and hurt you later on. Prepare by taking gradually increasing steps. Swim half a lap first, and then move on to a full lap. Your skills will progress each time and you will soon beat your own lap records every time you enter the swimming pool. It might take days, weeks or years to prepare for the “race”, depending on what your goals are. The main thing is to enter the race feeling confident in your own success and having all the skills that would allow you to win.

Taking steps one at a time and keeping your plan realistic gives you two important benefits. The order and precision of a plan brings confidence. You don’t feel like you are reengaging each new issue on a day-to-day basis. Organizing your strategy reduces the chances of making wrong moves or taking less efficient decisions. Secondly, having a sound plan has many psychological benefits and your subconscious mind worries less, giving you more energy to concentrate on what’s important. You are creating a pattern in your awareness that accepts success and integrates it in your plan. When both your conscious and your subconscious mind believe in your chances of reaching a goal, you benefit from a power of concentration and focus that eliminate outside interference and let you follow the shortest path to success.

Even though chance may still play an important role in your quest to reach your ideal, having a realistic plan lets you change the “unlikely” into “possible”.

And now, on to business…

The markets are in a deep blue funk, to put it mildly. The Dow is down another 120 points and the NASDAQ 29. That’s two days in a row of market carnage that started with the Fed’s 16th interest rate increase in a row on Wednesday, with no apparent end in sight.

According to MarketWatch:

U.S. stocks closed lower on the day and week Friday, with the Nasdaq Composite at its weakest level since mid-February, on concern about rising bond yields and inflation.”

Adding to the misery: “Soaring gasoline prices shattered U.S. consumers' economic confidence in early May.” The U.S. consumer sentiment gauge fell to a 7-month low.

There’s an old stock market adage that says:  “Sell in May and go away.” That stems from the historical fact that most stock market gains occur between October and May of the following year. That sure seems the case judging by the last two days!

But here’s a stock bucking the trend, and one you may want to check out on Monday…

Our Stock For Review today is PPDI – Pharmaceutical Product Development  Inc.

PPDI is continuing nicely from a Bullish Engulfing pattern off the 50-day EMA, on volume 105% above normal.

Any stock making a good move today should be taken note of. PPDI is definitely one of those.

Most Recent Double-Digit Percentage Gainers In One Day…

Here are a few of the DDPG’s since our last update:

IFO – Up 18.27% in the Amazing Amex Movers area.

DIL – Up 10.06% in the ARM area.

NAVI – Up 22.34% in the ARM area.

EMIS  – Up 17.96% in the Einstein Scans area.

BBBB - Up 19.72% in the Stock Fishing Portfolio.

HANS - Up 16.21% on 5/9 and another 14.08% on 5/10 (GTTHI Portfolio and Stock Fishing Portfolio).

ZOLT - Up 14.84% on 5/11 (Magic Green Book Investor area)

ISV - Up 12.79% on 5/12 (Amazing Amex Mover area)

Product Of The Day

Your Stock Market Lesson Plan Made Easy! Discover a 5-minute plan each and every day to find the very best stock to buy that day, starting from scratch. Join one of our Stock Fishing programs!

Click on the following link to get more information:

Stock Market Lesson Plan Laid Out For You!

Daily market Comments - May 05, 2006  4:04 PM

Successful Trading

Successful Trading Using Your Own Intuition.

I’ve always been fascinated in how the human mind works. Why we do things, what makes us “tick”, etc.

That fascination has spilled over into successful stock trading. I think you can analyze charts until you’re blue in the face, read all the trading books available in the library and bookstores, and have all the information about successful trading strategies in the world, but all that won’t do you a bit of good until you “get your mind into the game.”

What has become especially fascinating to me lately is in the area of human intuition. You see, recently I’ve found myself able to view a stock chart, and just “know” that the trade setup will work. Or the opposite, that the setup itself looks great, but I have an uneasy feeling about it. Where does that come from?

On the one hand, I think it must come from simply having viewed thousands and thousands of charts, and reviewing the stock action after hundreds of trade setups. That’s my “brute force” idea. On the other hand, I feel just the trading experience itself is involved, and the development of the extreme confidence I now have in how to handle a trade, both successful ones and ones that don’t work out.

But there may be that third “gray” area, and that’s where intuition comes in. I’ve found that highly successful traders for the most part have conditioned and finely-tuned their intuition for successful trading.

So I’ve recently started studying books and material in that area – the area of developing a successful trading system that includes the use of human intuition. I’ve found a good book I want to recommend as a resource for you. Please see today’s Product Recommendation for more details.

In the meantime, here’s an interesting article I found about intuition in general…

My Weapon – My Intuition!

You heard about it everywhere: the prince in the fairy tales mentions it, the characters in your favorite book, the Greek legends bring it up, etc. All these situations make you wonder whether intuition is something writers have invented. Could it exist beyond the borders of human imagination? Or, in other words, does intuition exist in real life?

Strangely or not, intuition is a characteristic associated mainly with women. That happens probably because women are considered to be more sensitive and open-minded. Modern studies regarding the typology of the personalities reveal that about a quarter of all women know how and frequently use this mental capacity called intuition.

If you still have doubts whether intuition truly exists in real life, think about your own experience. Remember how, all of a sudden a great idea occurred to you in the most unexpected moment, or you discovered, spontaneously, the answer to a question that had been bothering you for quite a while. It also happened to you to run into somebody you know and to guess exactly what the person was about to say; or, also remember that sometimes you think about someone and after a few minutes, that person rings you up. All these examples, which do not seem to follow any logical path, can be explained by using the term intuition.

However, we cannot always follow what our visions or intuitions tell us, because we can’t always afford to be spontaneous and take the risk. Who hasn’t been wrong when following his or her intuition? Sometimes, it turns out exactly the opposite from what we expected to happen and we discover that in fact our intuition was nothing but a fear, a thought that turned out not to be real. We feel very embarrassed at the moment and we don’t dare to trust our instincts anymore, which is precisely something that we should not do. Despite the occasions when you were wrong, you should never totally ignore your intuition, especially if you have a strong feeling about something or somebody.

But, what is intuition more exactly? How would specialists describe it? By using our intuition we can say that we let, in a way or another, our mind or soul transmit to the eye those things that cannot be correctly distinguished. Instinct or intuition requires in the first place an open mind - capable to receive and transform information. It is also true that intuition helps us perceive meanings beyond logic, read between the lines, etc.

However, is it important to determine whether intuition has any effects on our everyday lives? Persons who use intuition frequently tend to analyze the possibilities and the effects certain actions might have, and they end up with a multitude of options, out of which they chose the most favorable one.

There are two types of intuition: the one based on reason, typical for the persons who try to dominate the capacity of understanding, controlling and predicting the reality; and the intuition based on affection, representative for the persons recognized by the others as energy sources, as they influence in a positive manner all the people around them.

Let’s not forget that intuition is, indeed, a real and positive characteristic, but nevertheless it must be combined with judgment and reason.

And now, on to business…

The markets are in a bullish rampage today, with the Dow up triple digits and all other indexes up a good percentage.

According to MarketWatch:

U.S. stocks rallied Friday after slower-than-anticipated April jobs growth boosted hopes the Federal Reserve may no longer need to continue raising interest rates, and lifted the Dow Jones Industrial Average and the S&P 500 Index to multi-year highs.”

And here’s a stock rampaging to the upside today…

Stock For Review

Our Stock For Review today is RATE – Bankrate Inc.

RATE is blasting out of a high basing area today on volume 1,134% above normal.

I think RATE rates a solid position in your portfolio!

Most Recent Double-Digit Percentage Gainers In One Day…

Here are a few of the DDPG’s since our last update:

IIG – Up 26.84% in the Amazing Amex Mover area.

CMRG – Up 12.71% in the Einstein Scans area.

PAE – Up 11.21% in the Volume Plays area.

Product Of The Day

Successful trading using your intuition: “The Intuitive Trader: Developing Your Inner Trading Wisdom” by Robert Koppel.

Click on the following link to get more information and to order the book from Amazon.com:

Successful trading strategies using your own intuition!

Daily market Comments - May 04, 2006  2:38 PM

Think And Grow Rich

Think And Grow Rich Philosophy Applied To Successful Stock Trading.

As you should know by now, I’ve been heavily influenced by the classic book on how to acquire wealth – “Think And Grow Rich” by Napoleon Hill. Next to the Bible, I consider this the single most important book to read if your goal is to acquire wealth in a legal, moral and ethical way.

When you have some time, please feel free to devour all my own Success Principles I have on my Trade Your Way To Wealth website. They contain personal information on how I took the timeless Think And Grow Rich principles and applied them to my life, and specifically to stock trading.

I recently discovered a website that allows you to download a free copy of the classic “Think And Grow Rich” book. The original edition fell into the public domain, so there is no copyright or any other kind of violation.  I have the link to that website at the end of this blog post. I highly recommend downloading and reading that classic work as soon as possible.

Just in case you’ve never heard of this book, here are just a few of the mighty ideas you will glean from the book…


With Think And Grow Rich You Will Learn To:

• Achieve your goals and ambitions using as 13-step Powerful Proven strategy.
• Develop a meaningful purpose in life that you're genuinely excited about.
• Think like someone who has already achieved wealth and success.
• Teach your goals and fulfill your highest potential.
• Live happily by using the power of your mind.
• Harness the awesome mental magic of your mind and transform your dreams into reality.
• Gain confidence in everything you do at work or home.
• Eliminate any fear that may be holding you back.
• Stimulate your mind to create and attract success to you.
• Access "Infinite Intelligence" to help you make better decisions.
• Realize that there are no limitations to what you can accomplish.
• Develop laser sharp focus and attention.


And now, on to business…

The markets are back in a bullish mood today as all indexes are solidly in the green, led by the NASDAQ today, perhaps playing some catch-up with the other indexes.

According to MarketWatch:

U.S. stocks pared some earlier gains but remained broadly higher Thursday as a strong month for retailers in April and a drop in crude oil prices to a three-week low lifted the Dow Jones Industrial Average to its best level in more than six years.”

And here’s a stock acting very bullish today…

Stock For Review

Our Stock For Review today is HLF – Herbalife Ltd.

HLF is forming an ARM (Awesome Rising Method) as it blasts up almost 10% so far today on volume 897% above normal, and above prior overhead resistance.

HLF may just provide new Life to your portfolio!

Most Recent Double-Digit Percentage Gainers In One Day…

Here are a few of the DDPG’s since our last update:

A quiet day overall after some of the explosive moves lately. We had two that came close but none over 10% for the day yesterday.

Product Of The Day

“Think And Grow Rich” book – free download:

Download “Think And Grow Rich” and start your path to wealth right away!

Daily market Comments - May 03, 2006  11:09 AM

Trading Psychology

Trading Psychology. How Your Mind Affects Your Trading Success.

There is one aspect of trading that, if you don’t already have it or can’t acquire it, I absolutely guarantee you will be a failure at trading.

Beginner, professional, part time, full time… no matter where you classify yourself as a trader, you NEED this ONE THING when you trade. You will never be the successful trader you could be without it.

What is this one aspect of trading you absolutely must have to be successful?

It’s mental and emotional control.

Trading can be a mentally draining, emotionally exhausting, stressful experience. You must start out with and maintain mental and emotional control at all times. Fortunately, there are resources available that will help you in this crucial aspect of your trading psychology.

I recently discovered a remarkable piece of software that will help you slay your mental and emotional dragons you have related to trading, and spur you on to the success you deserve. More on that in a minute, but first, here are some simple tips to help you train your mind to enable you to face not only trading psychology issues, but life’s problems in general


Tips On Training Your Mind

Today’s fast-paced life often puts every one of us in difficult situations where stress and anxiety dominate our day. The frequency and complexity of problems that arise and need to be dealt with weakens both our minds and our bodies, making us incapable of finding the right solutions.

There are several ways to improve your power of concentration and to learn how to relax your mind and prepare it for future struggles. Your body responds to what your mind dictates, but most of the times it does this on a subconscious level. If you manage to tap into this vital resource, which is your subconscious mind, you get an extra edge in dealing with all problems that surround you.

First of all, try to change your daily routine. Not much, just a bit, but be very conscious about the changes. In the evening, try to recall all the events that took place in a day. Quickly analyze the highlights of the day and check for any gaps in your memory. If you fail to remember details about an issue you want to recall this is a good indication that you momentarily failed to concentrate during that timeframe.

You may also try to diversify the way you live. Again, changes don’t have to be drastic. If today is no different than yesterday and the day before, you might want to include new elements in your life. You could start practicing a sport or maybe giving a shot to a hobby you never practiced before. Repetitive and dull actions slowly push your mind in a state of semi-hibernation, which slows down your responses to the issues around you.

Stimulating your mind by engaging it in a new activity always has good results. You don’t have to play heavy mind involving games (such as chess, for example) to do this. Try the simple things first: take a different route on your way to work, buy another brand of laundry detergent. Try to travel by bus, if you normally use a car and stand up on a chair to have a different perspective of your bedroom.

You can also engage your mind in other interesting activities such as meeting new people or seeing old friends. Give a call to an old high school friend and go out for some coffee or a beer. Your talks will surely trigger a chain of events that you store in your mind but almost never utilize. Still, this would be a good exercise for the mind and, more importantly, a pleasant experience for you.

There are many things you dislike or despise in life. Give them a chance; try to view them from another perspective. If there is a person you hate, try to put yourself in his or her shoes for a few minutes. Try to see yourself through the eyes of people around you and objectively observe your actions and beliefs. Try to let a clear mind analyze events that you find annoying and ignore the preconceptions that urge you to judge a person or event in a certain way.

All of the above are just some simple exercises that will help you face your problems better prepared. Do not overdo any of them, and let them integrate naturally into your way of life. You may soon look in the mirror and see a happier you!


And now, on to business…

The markets are back in the red today in this back and forth market movement environment.

According to MarketWatch:

U.S. stocks fell Wednesday after strong economic data stoked interest-rate concerns, with disappointment over Procter & Gamble's results also undermining sentiment.”

But here’s a stock bucking the trend today…

Stock For Review

Our Stock For Review today is TZOO – Travelzoo Inc.

After a recent monster move from $20 to $50 in just six days, TZOO has settled back a bit, but may now be ready for another assault to the upside.  It’s up over 4% today on a nice reversal candle, on volume 735% above normal.

Going to the zoo is always fun. This “zoo” could be profitable as well!

Most Recent Double-Digit Percentage Gainers In One Day

Here are a few of the DDPG’s since our last update:

We are hitting some out of the park again this week!

TGC – Up 11.32% in the Amazing Amex Movers area.

MZT – Up 11.29% in the ARM Plays area.

NCOC – Up 20.17% in the ARM Plays area.

IDSA – Up 14.93% in the ARM Plays area.

DIL – Up 11.81% one day and 10.06% another day in the ARM Plays area.

DXPE – Up 15.14% in the CAN-CAN Portfolio.

ISRG – Up 23.58% in the CAN-CAN Portfolio.

GIGM – Up 17.53% in the Gun To The Head Trader service.

HITT – Up 12.33% in the Stock Fishing Portfolio.

CTV – Up 16.66% in the VAL-CAN Portfolio.

PLXS – Up 10.92% in the VAL-CAN Portfolio.

Product Of The Day

Here’s that software I talked about previously. It’s called TradingMind. Now there's no reason to ignore the mental/emotional side of the trading equation, because TradingMind Software was made specifically for the trader.

Here’s what one highly satisfied TradingMind software user recently said:

“I received the TradingMind Software about a week ago and have listened to at least 2 sessions each day. I am learning to day trade the S & P and the Nasdaq e-minis which takes a tremendous amount of discipline, focus, control of emotion and control of fear.

Even though I will need several sessions with each of the l0 sessions I have found already that I more able to relax and focus and am working on discipline and fear.  I feel that this training will make me a much better trader and will spend my time making money instead of worrying about losing money.  Thanks for your help.”

To banish all trading psychology issues from your trading, check out this amazing software…

How To Remove All Negative Trading Psychology Problems Once And For All!