Dannenfeldt's -----Diary of a Market Trader.

Michael Dannenfeldt Has Had Over 25 FollowersPrevious "Hall of Fame" ChartList Author Rank: 33 Followers: 46 Votes: 122 Years Member: 4 Last Update: 24 May 2013, 4:50 Categories: Fibonacci Studies
Market Timing
General Market Commentary

Daily Comments on Markets and Trades. These charts and comments are for people looking for trading/capital preservation ideas... Aetas: carpe diem, quam minimum credula postero. My trading rules: 1. Trade the trend 2. Use stops! That's easy to say, but let me tell you what that really means because this is where most people fail at trading. Don't be a buyer until you're comfortable with the loss you may need to take at a predetermined spot to protect the ability to trade another day. 3. Let your winners run!
When I as a trader realized I wasn't taking a small loss on a trade what I was doing was protecting my capital so I could stay a trader...I became successful. That success is what I now share with you.

The views expressed on this site represent the current, good faith view of the author at the time of publication. Please be aware that these views are subject to change continually and without notice of any kind. The views and comments here are not recommendations to buy or sell any security they are for entertainment purposes only. See stockcharts.com terms of use link below for further detail.

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aaaaS&P 500 Large Cap Index ($SPX)

iPath S&P GSCI Crude Oil Total Return Index ETN (OIL)

iShares FTSE China 25 Index Fund (FXI)

Nasdaq Summation Index (Ratio Adjusted) (EOD) ($NASI)

yyyPowerShares QQQ Trust (QQQ)

ziPath S&P 500 VIX Short-Term Futures ETN (VXX)

ziVelocityShares Daily Inverse VIX Short Term ETN (XIV)

zNasdaq Summation Index (Ratio Adjusted) (EOD) ($NASI)

zNYSE New Highs-New Lows (EOD) ($NYHL)

zzBiogen Idec Inc. (BIIB)

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