Results for category "analysis"

Data Analysis and Strategy Development


The most important thing you can do as a developing trader is consistently review and analyze your trades.

As a data-driven trader (and a data geek in general), I love data analysis in trading. When reviewing and analyzing your trades, your goal is to identify potential pitfalls, understand what you did wrong, understand what you did right, and single out any trends, ultimately allowing you to draw conclusions about how you can improve in the future. Like any other new skill such as playing an instrument or learning a new sport, learning to trade requires practice and a lot of …


Trading a Parabolic Bounce


I figured I’d do something a little different here since I had some free time during the day. I'd like to give everyone a peek into my thought process on some of the stocks I’m trading. One of my favorite setups to play is a parabolic bounce where the stock has been beaten down a lot over a period of several days and then has a strong bounce which you can hold for a couple days as the early shorts take their profits from way above.

My most recent parabolic bounce trade was in REN. It’s actually …