The Traders Journal

April 2017

The Traders Journal

Charts I'm Stalking: Action Practice #15

by Gatis Roze

When you revisit the Action Practice #14 blog, you’ll recall that I presented four equities chosen from Investor Business Daily’s 20 top-rated Big Cap stocks.  (April 5, 2017 edition.) I asked you to choose the best equity from the following four: Western Digital (WDC), KLA-Tencor (KLAC), Priceline (PCLN), and Facebook (FB).   I have my own money in Facebook. I’ll step you precisely through my reasoning which is described in more detail on pages 56 — 60 of our book.  https://store.stockcharts.com/collections/beginner-resources/products/tensile-trading-1 Read More 

The Traders Journal

Tensile Trading ChartPack Update (2017-Q1) Updated Charts and the Latest Fidelity Moves

by Gatis Roze

Anywhere you see excellence and mastery happening, you’ll discover the same set of recurring universal truths.  Great athletes achieve excellence and make it look effortless. Great investors make market mastery seem natural and make profits look easy. I love the line “I worked all my life to become an overnight success.”  For me, this embodies the foundation of excellence and the cornerstone of mastery. It’s all about preparation, discipline and organization.  When that all comes together, it’s magical. Stock market mastery demands that investors weave together a string of Read More 

The Traders Journal

How I Deal With Investment Losses (And How Not To)

by Gatis Roze

Financial investment losses are the markets’ way of telling you to make adjustments and to correct your present course of action.  The parallels between how American investors deal with financial pain and how individuals deal with physical pain is illuminating.   According to a recent article in Consumer Reports, 80% of Americans experience persistent pain of some type and spend over $300 Billion on treatments, drugs and care.  All too often, their solution is to throw opiates, such as Percocet or Vicodin, at the problem.  This mentality has obviously caused an Read More 

The Traders Journal

Charts I'm Stalking: Action Practice #14

by Gatis Roze

My intent with this Action Practice is not to wax on about the importance of understanding what the markets’ current preferences are.  My point is simply that if the markets are favoring growth over value, then as investors, our probabilities are enhanced when we invest with the growth winds at our backs.  If the markets are favoring large cap equities over mid-caps and small caps, our probabilities are likewise enhanced with the large cap winds at our backs.   Please refer to the six charts that I presented to you in the Action Practice #13 blog.  Read More