by Big Wave Trader | Mar 10, 2012
“The elements of good trading are: 1, cutting losses. 2, cutting losses. And 3, cutting losses. If you can follow these three rules, you may have a chance.” “Dramatic and emotional trading experiences tend to be negative. Pride is a great banana peel, as are hope,...
by Big Wave Trader | Mar 3, 2012
The Big Wave Trading market model switched from a BUY signal to a NEUTRAL signal following Wednesday’s stock market session. The switch from the BUY signal which was triggered on 1/5 to a NEUTRAL signal on 2/29 was caused by a few key factors this past week. 1....
by Big Wave Trader | Feb 25, 2012
The Big Wave Trading margin and retirement accounts remain fully invested. There have been two distribution days in the Nasdaq in the past week but the selling has been orderly. While we remain cautious on new positions with the market in a non-stop uptrend, we...
![September 2010 to February 2011 Trading Statistics]()
by Big Wave Trader | Feb 20, 2012
In his Silver Longs commentary of February 18, Josh states: “…during trending markets, we will be wrong 3-4 times and right 6-7 times (at worst 50/50) so the gains really take care of the losses.” Here’s an analysis of his trades during the uptrend of September 2010...
by Big Wave Trader | Feb 18, 2012
The Big Wave Trading Market Model remains under a full BUY signal. This buy signal was signaled on 1/5/2012 and has not had a change since. The distribution day had zero effect on the model and thus being fully invested on the long side continues to be the mode of...
by Big Wave Trader | Feb 11, 2012
Big Wave Trading Margin and IRA accounts remain nearly fully invested (85%-95%) as our Market Model remains under a full BUY signal. That signal was triggered on 1/5/12. Big Wave Trading is currently watching the current pullback to see if it will result in a...
