Here is what Investopedia says about corrections. “A correction is generally defined as a ten percent or greater decline in the price of a security from its most recent peak. A market may fall into a correction either briefly or for sustained periods of time, including days, weeks, months, or even longer. “Market corrections occur relatively often. In […]
Are you Scared?
Six young people wake up in an abandoned building, with no idea of what is going on or how they got there. A mysterious voice whispers to them over a PA system telling them they are on a game show called Are You Scared? They will have to face their deepest fears in order to win the contest. […]
Are you Swimming Naked?
As you all know when you trade with QiT you don’t have to waste a lot of your brain neurons trying to figure out the market. You exorcize the demons that creep into your trading and lead you down paths you should not go. You catapult yourself into the realm of “I don’t care what […]
Order Up!
Question: Just because TraderJane says we need to know this stuff doesn’t mean we have to actually know it, does it? Answer: Yes! I know I get on the “bully pulpit” sometimes. I know you would rather be doing other other things like giving the dog a bath, replacing the washers in your kitchen faucet or […]
A new subscriber – Howard Bandy
Lately, I’ve been making an effort to learn the basics of social media marketing. To me, marketing is as foreign as a day without a cell phone is to a teenager. But then you add the social media part of it and you enter a whole new universe of hashtags, clickbait (did you even know […]
Selling Short Does Not Mean Selling Your Shorts
The stock market can be a scary place and not just for beginners. Here’s a scenario. You are an experienced trader. You have done careful research on ZYX and feel confident in its fundamentals. As well, all your favorite indicators line up on the charts so you take the plunge. You buy 2000 shares at […]
