by Big Wave Trader | Apr 20, 2012 |
“Profits always take care of themselves but losses never do. ” The speculator has to insure himself against considerable losses by taking the first small loss. In so doing, he keeps his account in order so that at some future time, when he has a constructive idea, he...
by Big Wave Trader | Apr 14, 2012
“Don’t spend your time and energy chasing mediocre trades and investment opportunities. Only move when the odds are overwhelmingly in your favor.” -Brian Hunt “The game of speculation is the most uniformly fascinating game in the world. But it...
by Big Wave Trader | Apr 7, 2012 |
The Big Wave Trading market model went through a serious of changes this week turning from a full BUY signal to a cautious BUY signal to a NEUTRAL signal by Thursday. This NEUTRAL signal means that there is no statistical edge one way or the other as measured by all...
by Big Wave Trader | Mar 31, 2012
The biggest cause of trouble in the world today is that the stupid people are so sure about things and the intelligent folks are so full of doubts. — Bertrand Russell It is not the strongest of the species that survive, nor the most intelligent, but the ones...
by Big Wave Trader | Mar 24, 2012
The Big Wave Trading Portfolio’s Market Model remains under a BUY signal. However, during the week, evidence started to mount that turned the model from leaning BUY bullish to BUY neutral. This means that less capital is being deployed in new long positions and...
by Big Wave Trader | Mar 17, 2012
“The whole secret to winning and losing in the stock market is to lose the least amount possible when you’re not right.” — William J. O’Neil “It is when the unimaginable occurs that the systematic trader remains calm, presciently...
